Update for end of 2013

As I write this S&P500 is at all time highs, SPY is trading at $181. Previous post on AAPL, claiming $425 for Apple shares too low a price, turned out fairly accurate. AAPL is now trading at $556. I am taking profits and selling half of it. A new Iphone is not as exciting as it once was, and though Ipad Air is good but for consumers like me, who already have an Ipad-n, I see no reason to buy another one. One thing going in favour of AAPL is other smartphones or tablets are still not as good. So if anyone is buying a new one, they are probably giving some serious thought on getting an I-device. And there is always this new I-product, which is likely to be announced in 2014, as it has been 4 years since I-pad was announced. With 2.3% dividend   and a reasonable P/E of 14, it is good to hold some AAPL, still !

Other than that I am mostly out of ideas on what to buy, especially with the market trading at all time highs. There is a new restaurant chain NDLS, will probably try their food first, before buying the shares. Also WENdys is trying to re-invent itself, remodelling stores etc, so that will be a good short term buy. May be hold on to that for 1 or 2 quarter.

Another Tech stock trying to make a comeback is AMD, trading at $3.6. Need to read up some more on the turn around plan, especially with PC market and anything that has to with that doing badly. A speculative play is DDD, for 3-D printing. Dont have too much info on these two, but will follow them and see what they do.