Apple Vs. Research In Motion: The Winner Is ... [View article]
5-10 bagger means price increase between 5-times and 10-times. For RIMM, it means an increase from $9.20 right now to a range between $46 and $92. For AAPL, it means an increase from $528 to a range between $2640 and $5280.
Actually, the trailing PE is 14 ($493/$35.12) and if you back-out cash the trailing PE is ~11 ($400/$35.12). Forward PE will prove to be well under 10. Stunningly cheap, given the growth rates.
But, that doesn't explain the price move the last few days: it must be a combination of the abatement of profit taking immediately after earnings and rampant speculation on what will happen on 2/22 (shareholders meeting).
Apple Vs. Research In Motion: The Winner Is ... [View article]
Regards,
John.
AAPL's Morning Rally = All Of GMCR [View article]
But, that doesn't explain the price move the last few days: it must be a combination of the abatement of profit taking immediately after earnings and rampant speculation on what will happen on 2/22 (shareholders meeting).