Apple: A Growing Shelter From The Storm [View article]
I agree. Especially in a time when all you hear every day is that earning projections are going to start coming down for everybody else, Apple's are growing at a remarkable pace. Next year's earnings projections are absurdly low for Apple. They will adjust upward. Apple's competitors are dropping like flies. I don't predict a double, but if this stock doubled, it wouldn't be unreasonable.
Here's how I put it. The stock looks underpriced. People line up outside their stores during tough economic times. They are the unquestioned best of breed. They have huge profit margins. They create tech trends. I could go on, but that's enough of a checklist for me.
Bonus: 9 of the last 10 years tech stocks have surged Oct to Jan, and struggled from Feb to Sept. The wave is right behind you, are you paddling to catch it, or are you letting this one pass by?
Why Apple Is Highly Likely to Underperform [View article]
Apple: A Growing Shelter From The Storm [View article]
Here's how I put it. The stock looks underpriced. People line up outside their stores during tough economic times. They are the unquestioned best of breed. They have huge profit margins. They create tech trends. I could go on, but that's enough of a checklist for me.
Bonus: 9 of the last 10 years tech stocks have surged Oct to Jan, and struggled from Feb to Sept. The wave is right behind you, are you paddling to catch it, or are you letting this one pass by?