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Jul 4, 2009  
Economy Sheds 467,000 Jobs
In line with our expectations, the U.S. economy eliminated a worse-than-the- Street-expected 467,000 nonfarm payroll jobs in June, while the unemployment rate inched up to 9.5%. The usual culprits, construction and manufacturing, drove the loss. The construction sector eliminated 79,000 positions, while manufacturers shed 136,000 workers. We expect similarly weak postings since there ...
  


Apple Inc (AAPL)   BUY

Disclaimer:
The StockPicker's Corner is not a solicitation or offer to buy or sell stocks and should not be construed as individualized investment advice. Investment decisions should be made as part of an overall portfolio strategy after consultation with an investment professional.

Our recommendations -- BUY, HOLD, SELL -- and target prices reflect the judgment of an analyst about a company's prospects as an investment in terms of value, growth and risks. We will generally rate a stock a BUY if, in our view, the forecast risk-adjusted return on the stock is greater than the forecast return on the market. Target prices reflect the previous day's closing price of a stock and do not take into account more recent movements in stock prices.

Argus Research Company, founded in 1934, is a leading independent equity research firm. For more information about our views on today's pick, please contact Argus Research at (212) 425-7500, or by email: Click Here.
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News and Features
Jun 24, 2009   Argus President Presents at London Research Conference
Jun 11, 2009   June 10, 2009 Monthly Conference Call has been posted to the web site.
Jun 5, 2009   Argus Award-Winning Analysts: Best Ideas Presentation
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May 15, 2009   Argus Analysts Ranked in Financial Times/Starmine Survey
May 12, 2009   WHAT'S NEW AT ARGUS, MAY 2009
Apr 14, 2009   Argus Research Identifies Light at the End of the Tunnel for Clients
Mar 18, 2009   Innovative New Service for Companies and Investors, PSQ Analytics

Notes
Jul 2, 2009  Market update :  CDE, FISV, GIS, PEG
Jul 2, 2009  Action alerts :  ABT, ADSK, CAKE, MCD, TXN, ZMH
Jul 2, 2009  Market watch :  AAPL
Jul 2, 2009  Market digest :  BHI, JBLU, PGN, UTI

Reports
Jul 6, 2009  Weekly staff report
Jun 29, 2009  Economy at a glance
Jun 2009  Viewpoint
Jun 1, 2009  Power and utility monthly
Jun 1, 2009  Investment analysis (special situations)
May 31, 2009  Fixed income strategy
Apr 13, 2009  Investment analysis (industry)

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