With the market in a confirmed uptrend, most stocks are heading higher. But which are the real leaders? Look for companies such as Apple (AAPL) that boast superior fundamentals whose stocks are outperforming the general market. Today’s Screen Of The Day is Bolting RS Lines, which includes leading stocks that are rising relative to the S&P 500. A rising RS line means that the stock is outperforming the benchmark index. Here are five highly rated
Consumer electronics giant Apple (AAPL) reached another record-high stock price on Monday as the company narrowed the window of its Apple Watch launch to this spring. Apple stock climbed as high as 110.30 in intraday trading Monday, before ending the regular session at 109.40, up 1.3%. Apple has hit record highs in seven of the last nine trading days. The first of the new records occurred on Oct. 22, two days after reporting September-quarter that crushed estimates and guiding sales higher for the holiday quarter. On Monday, 9to5Mac reported that Apple plans to launch its new smartwatch-fitness band “in the spring,” quoting the transcript of a video message from Angela Ahrendts, Apple senior vice president of retail and online stores, to retail employees. Ahrendts said the Apple Watch release will come after the Chinese New Year on Feb. 19. Apple previously would only say that the Apple Watch would ship…
The Google (GOOGL) Android operating system continues to dominate the smartphone market, with a commanding 83.6% share in the third quarter. Android took market share from Apple (AAPL), Microsoft (MSFT) and BlackBerry (BBRY), said research firm Strategy Analytics. Apple fell to 12.5% from 13.4% due to its limited presence at the lower end of the market. In its fiscal fourth quarter ended Sept. 27, Apple sold 39.3 million iPhones, up 16% vs. the