The Ultimate Fiscal Cliff Stock: Apple

NEW YORK ( TheStreet) -- Don't be a pessimist.

One way or another, the fiscal cliff will work itself out.

Consider some of the possible scenarios: We go over the cliff and nothing happens. We don't go over the cliff and nothing happens. We go over the cliff and all hell breaks loose. We don't go over the cliff and all hell breaks loose. That about covers it.

I'm confident that, at the last minute, we will get a deal.

But at least from an investor's perspective, that's neither here nor there.

For most people, even those intimately affected by the fiscal cliff -- some are already feeling ill effects -- life will go on. Just another mountain to climb.

I am 37 years old. Chances are that if you're reading this you are somewhere within 25 years of my age on either side. Like me, you have lived through times of seemingly constant crisis. Things were no different 10, 15, 25, 50 years ago. Just listen to Billy Joel.

We didn't start the fire and we won't be the last ones to feel like we're burning up in it. As much as I like #RiseAbove, that's my fiscal cliff slogan.

I have zero control over what happens in Washington. However, I have the ability to manage my own life, which includes overcoming the obstacles external forces throw at me and, I hope, maintaining control of my emotions.

This, too, shall pass. I know this. It's always different this time, though it never is. Welcome to another edition of "More of the Same," I'm your host new boss same as the old boss.

Investors: Embrace noise! Just make sure you process it more effectively than the guy making his 80th post of the day to some survivalist Website. You don't need a bunker in your backyard. You don't need to go all cash.

Of course, you have plenty of options, but one should make every list: Buy Apple ( AAPL) on dips.

AAPL is the ultimate fiscal cliff stock because it will lead any and all rallies out of this mess. On a sigh of relief rally, it leads. On a we just went over the cliff and nothing happened moment of deer-in-the-headlights silence, it leads. In just about any situation imaginable - and in most of the unimaginable ones - it leads.

Why do I say this? How can I be so certain? First, there's no certainty in the stock market, but, if I was ever going to come close to certainty on Wall Street, I will take my chances with AAPL.

I say this, in part, because I see Apple's demise coming. Exactly. This thing is really going to crash one day. I have been saying that for quite some time. Pretty much since Steve Jobs's death. Now, of course, dozens of others decided to hop on that bandwagon.

I never hopped on the bearish AAPL bandwagon. If anything, I am the ticket collector. I have the right to charge every Johnny-come-lately who uses the Steve Jobs-inspired bear case incorrectly triple the normal price of admission.

Why? Read this: Apple Selloff About A Year Too Soon

That about sums it up.

Use some common sense. Companies start paying special or accelerating regularly scheduled dividends because of the anticipated increase in taxes. That gets people thinking about taking profits in 2012. Bingo -- another round of selling in Apple.

COR Clearing raises margin requirements on AAPL because of over-ownership. People freak out. Some have no choice but to unload.

More noise. More hysteria. More pseudo-uncertainty. All that means is more opportunity for investors.

I will never understand for the life of me why somebody would chase Intel ( INTC) in the teens or take a chance on a longshot like Research in Motion ( RIMM) or buy some low-P/E, high-yielding stock for the dividend.

That's absolutely awful, knee-jerk "value investing."

Apple pays a dividend. It has few worthy competitors. It's cutting deals in China. Along with Amazon.com ( AMZN), it dominates on market share and mindshare. This becomes all the more evident during the holiday shopping season.

AAPL has got it all: It is dividend growth and value stock all rolled into one.

Down $25 as I type this. Yet another thing we have seen before.

--Written by Rocco Pendola in Santa Monica, Calif.
Rocco Pendola is TheStreet's Director of Social Media. Pendola's daily contributions to TheStreet frequently appear on CNBC and at various top online properties, such as Forbes.

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