Where Have All the Apple Bandwagon Hoppers Gone?
ZAGG and Skullcandy reported declining quarterly results last week. With shares of Apple moving 20% higher since bottoming out this week, shouldn't both companies be doing better as sympathy plays?
In this video, longtime Fool contributor Rick Munarriz takes a look at the two reports, offering a more tempting bandwagon play instead.
Then again, shouldn't ZAGG and Skullcandy have known all along that they were hopping on the coattails of an insane company? Read about the future of Apple in the free report "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.
The article Where Have All the Apple Bandwagon Hoppers Gone? originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Apple. The Motley Fool owns shares of Apple and Skullcandy. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.