Five Stocks to Watch in April
March saw the S&P 500 make a new all time high, climbing to 1883.57 on the seventh. The index is up +11.7 percent since early October of 2013. Nevertheless, the Dow Jones Industrial did not make a new high in March, rising +9.8 percent in the same period, while the broader based Russell 2000's performance was even more impressive, rising +13.4 percent and also hitting an all-time high in March.
Apple Inc. (AAPL) - Apple Inc. launched another patent infringement lawsuit against smartphone giant Samsung, this time seeking $40 per device or $2 billion. The new lawsuit covers newer devices made by Samsung and jury was selected yesterday. The previous patent infringement case brought by Apple against Samsung was won by Apple and is currently being appealed by Samsung. Also, Apple is making inroads into the Chinese market. The company just announced LTE iPad availability, as well as LTE iPad Air and Retina iPad mini for the Chinese mobile market. Apple's second quarter earnings will be released on April 23rd.