Apple Stock

In stock traded on the red after the opening bell as investors digested the loss of 56 years, technology visionary who was leading the company since 1996, dropping up to six weeks ago, because there is no health.

The shares later reversed - on the move up to almost 1% to $ 381.94 at last check - as analysts recommended stocks to buy any weakness, saying that the company is in good hands under its current management team .

Apple / AAPL quotes/zigman/68270/quotes/nls/aapl -0.37% reported the death of a work late Wednesday. Tim Cook, the 13 years of business experience, which was already acting Chief Operating Officer, was appointed CEO in place in August, when Jobs took down the post. Read the full article on the death of Steve Jobs'.

While shareholders have long known of the employment battle with pancreatic cancer and associated complications, analysts say Apple stock is likely to get in some light selling pressure as investors adjust reality society without supervision. "While expectations for the participation of Jobs as president was probably low, considering his health problems, was always potentially available as an advisor and leader in the background," analyst Ittai Kidron said Oppenheimer & Co., wrote in a note to clients. "The intangible is no longer available, and hopefully influence the actions in the coming days."

Kidron reiterated its positive stance on the stock, expressing the belief that the capacity of the current leadership "to pursue this course will continue at a high level." Shaw Wu, an analyst at Sterne Agee, told from Apple may see some short-term pressures, "Cook wins the confidence of investors." He recommended the purchase of shares on the spot any weakness.

"We continue to believe that Apple is better positioned in this difficult macroeconomic environment, to defend his strategy and structure, and its advantages of vertical integration," says Wu.

Under Jobs, Apple has built a solid reputation with the success of products such as iPod, iPhone and iPad. The iPhone now accounts for the revenue base, almost half of the company, and iPad currently has about two thirds of the Tablet PC market, according to most analyst firms.

"While Jobs' passion, creativity and an eye for consumer preferences to be missed, we believe that employment and Apple's executive team have built a talent base and outstanding company culture that sets the stage for the future success and innovation, "writes analyst Mike Walkley at Canaccord Adams.

Apple is very popular with brokers on Wall Street. About 95% of the number of analysts in shares of Apple to buy, only three neutral points of view. Stock is well below the price set by all analysts