The cycle turns. Apple's (AAPL) price target is upped to $525 from $465 by Barclays' Ben...


The cycle turns. Apple's (AAPL) price target is upped to $525 from $465 by Barclays' Ben Reitzes, who maintains his Buy on the stock. Reitzes is no doubt a fan of the capital return plan after he got onboard months ago with the Einhorn idea of significantly bumping the dividend/buyback without touching overseas cash. Shares +1% premarket.

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Comments (18)
  • Andrew A
    , contributor
    Comments (327) | Send Message
     
    Dividend/Buyback or not Apple is a way of life and is the best long term investment you can imagine. $900.00 per share in eighteen months from now.
    6 May 2013, 08:49 AM Reply Like
  • bmwr1200c
    , contributor
    Comments (423) | Send Message
     
    Amen to that - 900 would give me a pretty nice tax free return, because my entire IRA account is aapl.
    i got in low 400 numbers. I won't require this money for next 30 years so I can wait :)
    6 May 2013, 08:55 AM Reply Like
  • mphill47
    , contributor
    Comments (602) | Send Message
     
    I would think that anyone that rides a Beemer would be smarter than that. That being said, far out dudes normally ride the c.
    6 May 2013, 11:25 AM Reply Like
  • chopchop0
    , contributor
    Comments (5156) | Send Message
     
    You're nuts if you put all of your IRA into AAPL.

     

    If I had to pick a single stock for an IRA, it would be V. I guarantee V >>>> AAPL in the next 5, 10, heck even 30 years.

     

    AAPL is a tech company, and very few of them make it out alive over the long-term (IBM might be the closest thing to an exception).
    6 May 2013, 12:22 PM Reply Like
  • Brian Barbour
    , contributor
    Comments (1305) | Send Message
     
    this has not been the first upgrade since the trend broke out to the upside and most probably won't be the last. Id expect many upgrades over the next few weeks-a couple of months.
    6 May 2013, 08:56 AM Reply Like
  • june1234
    , contributor
    Comments (4350) | Send Message
     
    nothing to do with TA, fundamentals or any other analysis; supply and demand. Apple has agreed to buy 120 million shares over the next few yrs, throw in a 2.9% dividend doesn't matter if they don't introduce a new product; its going up
    6 May 2013, 09:09 AM Reply Like
  • aardvark3
    , contributor
    Comments (665) | Send Message
     
    No big surprise. We all knew this was going to happen. GO APPLE!
    6 May 2013, 09:13 AM Reply Like
  • EJC1645
    , contributor
    Comments (81) | Send Message
     
    Most of the analysts who are trying to keep their guesstimates
    on AAPL relevant are laughable.. They literally behave like they have a tiger by the tail and are merely holding on for dear life.
    The market is whipsawing these poor creatures to the point
    where analyst credibility is just about nil.
    6 May 2013, 09:21 AM Reply Like
  • KISS_investor
    , contributor
    Comments (387) | Send Message
     
    so true EJC...

     

    many of these analysts work for big investment banks or have other skin in the game..

     

    the debt offering enriched those banks...Apple can and will issue new debt, they'll trade their own debt...that's what corporate treasury departments do... this is a huge new cash flow for the banks and although there is no direct tie to analysts anymore, the analysts are not idiots...

     

    add to that the simplicity and size of the borrowing and buyback this is a really good situation that will soften analysts to apple's operational challenges...all the blips will not longer cost $50/share...and anything good that happens will get good analysts coverage now..

     

    the risk is ios7 or 5s underwhelms, but alot of that is priced into the stock...the downside is mitigated because $400 is sky is falling type of valuation, and now there is a bigger dividend and new shareholder friendliness to Apple's capital structure..
    6 May 2013, 09:26 AM Reply Like
  • jbcm
    , contributor
    Comments (281) | Send Message
     
    Sorry they miss split 10:1 but of course they can do this split later! (smile!)
    6 May 2013, 09:43 AM Reply Like
  • pagreen1966
    , contributor
    Comments (661) | Send Message
     
    I'm sure they will do the 10 : 1 split when the stock hits $1,000 later this year! ;)
    6 May 2013, 11:25 AM Reply Like
  • jbcm
    , contributor
    Comments (281) | Send Message
     
    Its fine with me but then better to do split 20:1. (smile!)
    I am long at Apple!
    6 May 2013, 11:49 AM Reply Like
  • Simplefinanz
    , contributor
    Comments (29) | Send Message
     
    Apple financials are not so disastrous as recent price action may suggest. Despite some signs of trouble with respect to new orders, data looks pretty much ok.
    You may check financials in detail at:
    http://bit.ly/127StzN
    they are presented in a graphical form that you can read in less than a minute.
    6 May 2013, 09:58 AM Reply Like
  • Thepianist
    , contributor
    Comments (225) | Send Message
     
    Are you kidding me its going to $1500 a share and a $100 share dividend per quarter.
    6 May 2013, 09:59 AM Reply Like
  • kleemc
    , contributor
    Comments (112) | Send Message
     
    Just a few weeks ago, my email is flooded by the doom and gloom articles about AAPL and why you should avoid it like a plague. Now the bears mysteriously disappeared. It's the bulls turn.

     

    Has anything changed to the fundamentals of Apple's business? NOTHING ! Returning of cash to investors is great but it doesn't change the fundamentals of the business.

     

    I have been long AAPL and will continue to do so regardless what the market says. Won't be surprise soon Mr Market will move from being over pessimistic to over optimistic. Important to take advantage of his fickle mindedness and not be led by his irrationality.
    6 May 2013, 10:04 AM Reply Like
  • paulvard
    , contributor
    Comments (127) | Send Message
     
    Apple buying their stocks, there has to be a reason. They most certainly have a lot in their pipeline and confident it will move the needle. Otherwise it will be catastrophic decision should the trend goes downhill.
    6 May 2013, 12:36 PM Reply Like
  • jbcm
    , contributor
    Comments (281) | Send Message
     
    Of course they have good things in the near future!
    6 May 2013, 12:43 PM Reply Like
  • scout44
    , contributor
    Comments (16) | Send Message
     
    Will be 5000 in the next 200 years all my roth ira is in it by then a will be a billionaire
    6 May 2013, 01:10 PM Reply Like
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