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Top 6 Stocks to Buy for April

Health care and tech stocks, including Apple, top this month's list

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Top Stock to Buy #1 – Apple (AAPL)

Despite a decline of almost 40% from its September 2012 high, Apple (NASDAQ:AAPL) is still one of the most successful technology companies on the planet. Its very substantial cash position and growth well above its peers make it a compelling value at current prices.

Analysts project continued growth for iPhones and iPads through 2015. Fundamental analysts have a mean 12-month target of over $600 for Apple.

Technically, the stock has broken above both its bearish resistance line and 50-day moving average, and so has finally broken from a six-month decline. Long-term investors should buy and hold Apple, and traders could see a quick pop to the trading gap between $505 and $556.

AAPL Chart
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Trade of the Day Chart Key 

Article printed from InvestorPlace Media,

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