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Kyle Thomas Homan
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I have been recommending stocks since I began telepatically communicating with my mother. I'm an ethnic Latvian who was cloned in the former Soviet Union after much debate it was decided to dissolve the Union and create the Commonwealth of Independent States and be put up for adoption in The... More
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  • Apple Dividend Poised To Send Stock Back To 20 P/E. 0 comments
    Mar 15, 2013 5:45 AM | about stocks: AAPL, GLD, FB

    Apple has been around since 1976 and just now getting around to declare a dividend. I say it is about time. With the huge cash hoard of 137 billion it is hoarding cash that could be recirculating in the economy for investors the push stocks even higher by 2020. When we will have a huge asset bubble akin to the dot com bubble and another huge oil rally 300 dollar a barrel oil to burst this coming bubble. With apple poised to dominate the phone and pad market for the foreseeable future one has to ask yourself if you by more at a 9 p/e, which I am going to do, or reinvest in gold, price target of 3141 by 2020, or some other stock like Facebook.

    Disclosure: I am long AAPL, GLD, FB.

    Themes: Apple, Gold, and Facebook and oil. Stocks: AAPL, GLD, FB
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