updated 06:20 pm EDT, Thu August 25, 2005
Apple is second among the Motley Fool's list of seven "" stocks. While many organizations --from petroleum companies to Wal-Mart-- have been affected by, or blamed for, the soaring cost of crude oil, there are are also "plenty of stocks sitting pretty, miles away from the nearest pump." For example, the iPod is "the gadget of choice for active pedestrians and public-transportation commuters," according to the report. And when it comes to iTunes, "folks have purchased more than 350 million songs that are digitally and instantly delivered. You don't have to drive out to the record store. And pressed CDs don't have to be driven about through various layers of physical distribution."