Apple announced earnings and blew everything out of the water. The Co even raised guidance by 3¢ higher than what the street expected, from $1.39 to $1.42 per share. The stock is now trading at $181 plus in after hours. It had been at $175 before CNBC reported the numbers.
I've never rated a stock above A grade until now. With the raised guidance and blowout earnings, Apple is now an A+ stock. No question about it. Along with Research in Motion and Intuititve Surgical — both tore up earnings and raised guidance — and Google, there are at least four A+ stocks. Google doesn't guide the street, but the Co is a distinctly rare definition of A+.
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