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7 Ways to Buy Apple … Without Buying AAPL

Numerous tech stocks have a hand in Apple's growth

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Apple (NASDAQ:AAPL), once again, is the stock that everyone is talking about. Apple CEO Tim Cook didn’t disappoint with Wednesday’s new iPad reveal, showing off the tablet’s newest iteration, complete with a new display, better camera and voice recognition software. As an added bonus, he took the wraps off the new Apple TV.

But as the hoopla of Wednesday’s Apple iPad event dies down, investors should focus less on the gadgets and more on the profits to be had by investing in this phenomenal tech stock. AAPL is up about 50% in the past 12 months and more than 520% in the past five years — and as I wrote yesterday, Apple stock remains a strong buy.

But what if you’re skeptical of the red-hot run, and instead are looking for other ways to ride the Apple wave — limiting exposure to downside risk but still tapping into AAPL growth?

Well, look no further than some of Apple’s biggest suppliers. Many of these stocks are booming now because of their relationship to the tech giant, but still have other operations that will provide stability if the music stops.

Here are seven great ways to buy Apple … without buying AAPL:

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