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Alternative Plays on Apple

Apple,maker of the wildly popular iPhone and iPad, leaped across the $500 billion mark in terms of market capitalization on Feb. 29, 2012, for the first time in its history. Its stock price — above the $600-per-share threshold — continues to set new highs, seemingly on a regular basis. It could be headed toward $700 and beyond, with the release of the iPhone 5 in the fall.

But if the stock seems too expensive, there are other ways to play an Apple rally.

The “Fast Money” pros have selected a few companies among Apple’s list of more than 150 suppliers. Here are their picks, which they made over the past couple of months.

By Bruno J. Navarro

Posted 7 March 2012

Photo: Getty Images