Cupertino’s fruity company tops list of six stocks to watch closely

Sep 6, 2011 09:21 GMT  ·  By

Clubpennystocks, a company that provides subscribers with timely information and exclusive alerts on stocks in the United States, says Apple was undervalued but now it's kind among the world’s biggest companies, “and about to launch the iPhone 5.”

The firm suggests investors should pay close attention to Apple Inc. (AAPL) as well as, HDS international (HDSI), Portage Resources (POTG), Lithium Exploration Group (LEXG), SPDR Gold Trust (GLD), and Google Inc (GOOG).

The reason? “These are all historically strong corporations that have suffered setbacks in this last year. However, all are companies that have the potential for a strong rebound,” says Clubpennystocks.

The investment company reveals in a report that United States President, Barack Obama “today expressed his concern about raising the debt ceiling, and striking a deal.”

“The concerns over US debt right now are weighing on the markets,” Clubpennystocks notes.

Their team is said to have specialized in “finding companies ripe for a profitable turnaround or a profitable run.

Topping the list of today’s six stocks to watch closely is Apple Inc (AAPL), according to Clubpennystocks.

It is not a coincidence that they also mention the iPhone 5.

“Apple (AAPL) was undervalued many years ago, now it's the biggest company in the world and about to launch the iPhone 5,” says the firm.

Apple has the potential to turn new record profits thanks to the hype surrounding the as-of-yet unconfirmed smartphone, and Clubpennystocks knows it.

AAPL is currently trading at 374.05. The company is nose to nose with ExxonMobil in daily trading.

The oil and gas corporation has been surpassed not once, but twice by Apple Inc. on days when trading closed with Apple ranked at a higher market cap.