The Buzz
Apple's Tim Cook is Wall Street hero for a day
May 21, 2013: 2:29 PM ET
While lawmakers took turns bashing Apple (AAPL) for its creative tax policies, investors were cheering on CEO Tim Cook as he defended the company and pushed Congress to overhaul the tax code.
The general consensus among traders on StockTwits was that Cook looked like a capable leader compared with the elected officials doing the questioning.
Catwoman2011
Long Tim Cook. Short John McCain. $AAPL
RobertinGatos
$AAPL Tim Cook did great job for Apple and US today by standing up to the BS. Now maybe remaining holdouts will see what a good CEO he is!
MagnumCharts
Tim Cook is crushing it. Doubled down on my $AAPL calls this morning and have 75% gains already. Waiting for the hearing to end to close
Cook even managed to plug Apple products.
@jfahmy: Gotta love Tim Cook using his testimony as one big advertisement for $AAPL" <- might as well be useful for something
Once one of the most sought after investments on Wall Street, Apple has struggled with concerns about the company's ability to develop revolutionary new products without its visionary leader, Steve Jobs, who died in 2011.
Related: Apple grilled about tax havens
Cook, who was chief operating officer before taking over as CEO, has been praised for his technical skill. But many investors have questioned his leadership as Apple's stock price has plunged.
After hitting an all time high above $700 last September, Apple's stock has dropped more than 30%.
The stock has regained some ground in recent weeks as bargain hunters still see Apple as a good long-term bet. Apple also announced plans to return $100 billion to investors over the next few years by repurchasing stock and paying dividends.
While Cook came out looking like a winner, Congress definitely didn't gain any new fans on Wall Street. Of course, traders are typically not big fans of the legislative branch.
CoderTrader
Sad day in America when Congress goes after one of the greatest enterprises our country has ever had. $AAPL
shogunofharlem78
$AAPL congress really is a joke these days. Sad 
-
Worst may finally be over for Apple
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, Abbott Laboratories and AbbVie, La Monica does not own positions in any individual stocks.
In like a lion and out like a lamb may apply to the weather in March, but not to Apple's stock.
Apple (AAPL) limped its way into the start of the month. Shares hit a 52-week MORE
Paul R. La Monica - Mar 19, 2013 11:57 AM ET -
Einhorn to Apple: Give us more cash!
Activist investor David Einhorn publicly called for Apple (AAPL) to give some of its $137 billion cash hoard to back to shareholders in the form of preferred stock.
Einhorn said in a press release Thursday that he has held meetings with Apple executives explaining how they could unlock "several hundred billions of dollars" by distributing a perpetual preferred stock. Apple, he said, rejected the proposal in September 2012.
"Like many other shareholders, Greenlight is dissatisfied with Apple's MORE
Maureen Farrell - Feb 7, 2013 4:00 PM ET -
Worst may finally be over for Apple
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, and Abbott Laboratories, La Monica does not own positions in any individual stocks.
Apple (AAPL) shareholders finally have something to give thanks for as we get closer to Turkey Day. The stock surged more than 7% on Monday.
So is the worst is finally over for Apple, following a rough MORE
Paul R. La Monica - Nov 20, 2012 1:07 PM ET -
S&P 500: The Apple effect
Investors might want to stop and thank the iPhone 5's clamoring herds for a boost to their stock portfolio this year.
Shares of Apple (AAPL) have surged 74% this year, helping the S&P 500 (SPX) log a respectable 16% increase. Take Apple out of the mix and the broad index would only have gained 14%, according to research from S&P/Dow Jones Indices.
Apple accounts for nearly 5% of the market cap of MORE
Maureen Farrell - Sep 21, 2012 2:11 PM ET -
Apple: Pre-ordering a $700 stock price
Investors and consumers are playing the Apple (AAPL) waiting game this week.
Apple's stock is oh so close to $700. And despite iffy reviews of the iPhone 5, at least two million people are waiting for it.
That's given StockTwits traders plenty to chew on.
firstadopter: $AAPL iPhone 5 pre-orders 2 million in 24 hours., 2X iPhone 4S. "many" pushed out to October delivery http://t.co/9W14krm8
Some consumers are so eager to get their hands on the MORE
Maureen Farrell - Sep 17, 2012 2:23 PM ET -
Apple needs more than a new iPhone
The opinions expressed in this commentary are solely those of Paul R. La Monica. Other than Time Warner, the parent of CNNMoney, and Abbott Laboratories, La Monica does not own positions in any individual stocks.
Apple is likely to unveil the iPhone 5 on Wednesday. The new phone is expected to have a bigger screen and to support 4G wireless technology. But even if the iPhone 5 also cures cancer, leads MORE
Paul R. La Monica - Sep 11, 2012 12:17 PM ET
- SPAM gets slammed(1:06)
- Boeing's 787 nightmare is over(0:58)
- Restoration Hardware rides housing wave(1:24)
- Safeway is a safe haven ... for now(1:17)
- Goodyear stock rising like its blimp(1:18)
- Sony fires first shot in gaming price war(1:05)
- Investors say 'da' to McDonald's(1:01)
- Samsung sinks: No winners in mobile?(1:13)
