Poor results from Aflac (NYSE:AFL), McDonald’s (NYSE:MCD), Exxon Mobil (NYSE:XOM) and Mattel (NASDAQ:MAT) pushed these stocks lower. I can understand the impatience aimed at MCD as it has struggled to post growth for about two years now. Exxon Mobil ran into expenses and Mattel seems to have lost its touch for great toys. Aflac is still struggling with a strong US dollar as most of their business is coming from Japan.
On the other hand, PepsiCo (NYSE:PEP), Lockheed Martin (NYSE:LMT) and Apple (NASDAQ:AAPL) are driving my portfolio higher with better than expected earnings. Of these three companies, I own positions in two personally (LMT and AAPL), you can tell I’m smiling right now. Apple is probably is a good buy right now since it has dropped by over 3% last week due to all those celebs pics stolen from iCloud. Between you and me, do you think your Google Drive is safer than your iCloud?
Source: Seeking Alpha
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