Comment on Apple and New Buy - Toromont Industries

As you probably know the Apple results are out. Basically they met expectations with perhaps the exception of guidance. I do not possses any special insight into Apple. I just think it is decent buy in the low 400's. If you want some guidance on Apple valuation I would refer to Damodaran Musings on Markets - the post on January 27, 2013. http://aswathdamodaran.blogspot.ca/search?updated-max=2013-02-13T06:49:00-08:00&max-results=7

Anyways, today I bought a few shares of a company called Toromont Industries. More on Toromont tomorrow.