Up 13.59% in a quarter in which the NASDAQ fell 12.91%
In his Tech Trader Daily column last week, Barron’s Tiernan Ray noted that the three months that ended Friday saw some spectacular flameouts in the tech sector, including Netflix NFLX down 56.88% for the quarter, AOL AOL down 39.58%, Hewlett-Packard HPQ down 38.32% and Yahoo YHOO down 12.4%.
Amid the carnage, however, there were some relatively safe havens. Ray mentioned Apple AAPL, IBM IBM, Google GOOG and Cisco CSCO.
He didn’t include a chart, so we have. And as thin blue line above makes clear, Apple, up 13.59% in Q3, was the safest haven of them all.