Apple Inc.

Apple was a company that I couldn't forsee falling in value over the long term due to their excellent management, products, and marketing. Its P/E ratio was high, but even though I didn't expect it to triple in value, I thought it would always be a top stock.

Apple turned out to be a decent stock, but in the short duration of the portfolio challenge, it followed a sideways trend. At first it dropped significantly, but then it climbed back up to the value at which I purchased it.