In today's edition of "Talking Stocks," Austin provides a quick recap about the multitude of factors driving markets lowers today. Of course, eurozone fears remain a constant overhang, as do concerns about slowing growth in China and lower revised global growth estimates by the IMF. But taking a step back reveals an incredible environment for investors to put some money to work. Take Apple (NAS: AAPL) for example. The company counts China as an integral part of its growth story going forward, yet it still trades for conservative valuations, so the slightly lower but still impressive GDP estimates for the country is unlikely to really hurt share prices.
That doesn't mean the company is without risks, though. Apple is the most influential company in technology and has delivered market-smashing returns for those lucky enough to invest in the company. However, with the impending release of the iPhone 5 and Apple TV on the horizon, the stakes have never been higher for the company. If you're looking for a recommendation on how to play Apple along with continuing updates and guidance on the company whenever news breaks, we've created a brand-new report that details when to buy and sell Apple. To get started, just click here now.
The article What Drove the Markets Lower Today originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and GlaxoSmithKline. Motley Fool newsletter services recommend Apple and GlaxoSmithKline. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.