Apple's current steep stock price probably places it off limits to a lot of investors. But those who can cough up the cash can do well investing before a new product cycle, according to investment firm Sanford C. Bernstein.
Bernstein's latest research found that Apple's stock historically outperforms in the eight weeks before a new product is announced.
Apple shares have tended to rise in short spurts over the past couple of years. As such, Bernstein Research analyst Toni Sacconaghi, Jr., still advises investors to hold a long-term position rather than try to time the market. But … Read more