« Shares of Apple Inc. rose Monday morning after a recent dip in the stock’s value led an analyst to add the company to a list of preferred stocks. The stock rose $2.94, or 2.3 percent, to $128.42 after the opening bell. Shares have dropped 35.2 percent so far this year.Citi Investment Research analyst Richard Gardner added the stock to his « Top Picks Live » list, reiterated his « Buy » rating and kept his $212 price target. Gardner said the stock price now fully reflects plans to cut production of iPods and iPhones. »
