Tuesday, March 18, 2014

Sapphire Glass

A few months ago, I started hearing rumors about Apple looking to make their next iPhone with sapphire glass, replacing the gorilla glass they're using now. Assuming that, makers of sapphire glass are about to get bumrushed with orders from Apple.  Along the same lines as that rumor, GT Advanced Technologies (GTAT) appears to be Apple's choice to make the glass. On the strength of those 2 rumors I picked up some GTAT last week.  It's up 6% just today. No investment is a sure thing, but Apple has already put a ton (relative to what's in my pocket) of money into this company, and Apple doesn't throw cash around for fun. My expectation is that this stock will at least double by year end, if not sooner.

Happy Hunting....

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