Boring Old AAPL

Bespoke Investment Group makes the case that AAPL is a boring stock:

Over the last year, AAPL’s average daily move has been a relatively calm 1.24%, and the last time the stock declined more than 3% in a day was 109 trading days ago, back on August 11. While AAPL is getting a lot of headline attention today over Steve Jobs’ medical leave, the most notable fact of the whole saga is probably that the stock is down only 2.5% on news that the founder and CEO is taking an indefinite medical leave of absence.

★ Tuesday, 18 January 2011