Apple, Burlington Resources both offer strong outlooks
It's always a good idea to consider changing your portfolio. here are two stocks that are worth considering:
Apple Computer Stock Symbol: AAPL Exchange: NASDAQ 52-Week High: $81.39 52-Week Low: $21.89
Apple Computer, Inc. designs, manufactures and markets personal computers and related personal computing and communicating solutions for sale primarily to education, creative, consumer, and business customers.
In the fourth quarter of 2004 Apple Computer posted a record year with revenue gains at 3.49 billion. This gain represents a rise in revenues of 74 percent. Net income totalled $295 million, up form the previous year of $63 million.
The massive increase in return on equity and sales is a reflection of the highly demanded iPods and Mac computers. Apple is one of the few shining stars in an otherwise frustrated tech sector.
Burlington Resources Symbol: BR Exchange: NSE 52-Week High: 46.41 52-Week Low: $27.36