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Devlin McGregor

Devlin McGregor
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  • Apple: Stop The Dividend (Icahn Would Likely Agree) [View article]
    It's an interesting debate. I'll say upfront I own Apple for what I hope is great long term dividend growth. I like buybacks too and have no problem with that. I think the best stocks have both. Why does it have to be one or the other?

    Without a dividend I wonder if the shares would have fallen further even with a buyback. This has been a totally hated stock for almost the last year. My guess is that the dividend helped attract value and dividend investors and kept the stock from falling further. TD Ameritrade reported that more of its clients owned Apple than ever before. I'd rather tag along with strong-hand value and dividend investors than idiot, trigger-happy hedge fund managers. Of course we will never which would have been the better path for short term price appreciation. Since I'm a long term investor I really don't care about that much.

    That being said if Apple cuts or suspends the dividend my guess is that a lot of dividend and value investors will look elsewhere including myself.
    Aug 16, 2013. 08:37 PM | 8 Likes Like |Link to Comment
  • Apple Hits $400: Is Now The Time For Dividend Growth Investors To Get In? [View article]
    Apple was very overloved and in a bubble on its way to 700. Apple could do no wrong and not a discouraging word was heard except hat tip to Tim Knight and Market Anthropology in calling the bubble. Now everyone hates it. It is probably the worst stock ever (kidding). I really don't think it's either. Apple was never as good as the majority thought at 700 and it's not as bad as the majority thinks now sub 400.

    As a contrarian investor I am buying a very sizable position now that the bubble has popped. I also think it is the best value in the market today. We'll see over time what happens, but I think this is a great stock for the long haul. Very long AAPL. Nice analysis Valuentum. Thanks.
    Jun 27, 2013. 02:15 PM | 8 Likes Like |Link to Comment
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