Allocation of your portfolio requires that you be disciplined and not become too overweight in any one position. If you're not in Apple, take a look as this name as it is trading at a reasonable discount right now. If you own this name, consider adding to your position (unless it is over weighted already in your portfolio).
Bottom line: Apple is still a "buy" and more so than six months ago — despite the negative headlines. It is my view that investors will be rewarded by acting against negative sentiment over the course of the next 24 months by owning this name.
Commentary by Michael A. Yoshikami, the CEO and founder of Destination Wealth Management in Walnut Creek, California. He is also a CNBC contributor. Follow DWM on Twitter @DestinationWM.
Disclosure: Michael Yoshikami does not own shares of Apple and has no other business relationship with the companies mentioned. But Destination Wealth Management may buy shares for clients.
For the latest commentary on markets in the U.S. and around the world, follow @CNBCopinion on Twitter.