Apple Ranks as a “Gas Proof” Stock

According to Motley Fool, Apple ranks as a “gas proof” stock, unlikely to be affected as much by soaring gas prices.  Not bad!

Apple is second among the Motley Fool’s list of seven “gas-proof” stocks. While many organizations—from petroleum companies to Wal-Mart—have been affected by, or blamed for, the soaring cost of crude oil, there are are also “plenty of stocks sitting pretty, miles away from the nearest pump.” For example, the iPod is “the gadget of choice for active pedestrians and public-transportation commuters,” according to the report.

You know it.

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