The selloff in Apple (AAPL) has reached the point of "insanely insane," says Topeka's Brain White, arguably the Street's biggest bull on the stock. Uber-bull or not, maybe he's got a point. Those selling Apple at a sub-10 PE while holding onto or buying Company X - with no earnings growth, selling at a 20 PE, but yielding 5% - may look back one day and wonder what they were thinking. [View news story]
At the end of the day its all about cash and no company is generating cash as well as Apple.
Apple (AAPL) is reiterated a Buy at BAML, but with a lower price target - now $780, from $840. The analysts lower their expected 2013 EPS to $52.45 from $54.30, 2014 to $62.50 from $64. Shares +1.2% premarket. [View news story]
Everything I see points to Apple having great sales for the next several months. And it will contine to generate gobs of cash for the foreseeable future. When the sun sets its all about cash and no company is generating cash better than Apple.
For a growth company that can still pay a decent dividend it PEG ratio is way to low.
Margin compression at Apple (AAPL) is long-term strategy, not a sign the company is losing its competitive edge, writes Kopin Tan in a bullish front-pageBarron's article giving the iPhone maker the nod in its battles with Samsung (SSNLF.PK). "Samsung is running ads spoofing the cult of Apple. Samsung knows what it's like to have an image problem." [View news story]
$800 is probably a stretch, but Apple continues to build cash at a fast pace even with the dividend and the stock buy back. I think the dividend will be increased in 2013 and we will see China Mobil come on board in the first half of 2013.
When the market get bullish again on Apple it will snap back.
Cheap 8% Yielder Is Picking Up Positive Catalysts [View article]
BRET - What is your thinking on why Seadrill seems to be stalling? All the news on Seadrill has been positive and yet is seems to be under a bit of pressure. Might the market be expecting weak earnings?
Ashtirir - I appreciate your view, but I think you negative perspective is way over done. What did you expect with the iP5 and the mini? These are beauiful as well as extremely functional products. Demand is strong for both on world wide markets. The only problem appears to be that supply cannot meet demand as quick as the market needs.
In the coming years we will see termendous innovations in consumer communication and entertainment technology (as well as the enterprise market). No company is positioned better than Apple to be the spearhead - cash, brand, supply chain - patents and talent.
I like SJ too, but I think TC brings the skills Apple needs to drive the train.
I agree that currnet PPS and PE is oversold. I think we saw the bottom today. Even with any warts the bears place on Apple it is very cheap if for no other reason that it is a cash generation machine.
Is Apple A Growth Stock Or A Dividend Stock Now? [View article]
Hey guys, good article and conclusion - Apple is a growth stock that is doing so well it can pay a decent dividend; and still have more cash then it can probably spend.
I continue to belive that in the coming years we will see termendous innovations in consumer communications and entertainment technology- just like going from the pager (remember when that was the big thing) to the iPhone and iPad.
No company is positioned better than Apple to be the spearhead.
Good article - regarding Seadrill's debt - I look at Seadrill as I would a MLP or Reit- with that view the debt is more than reasonable. Your thoughts on this perspective?
Apples And Oranges - Is There Anything Beyond The iPhone/iPad Story? [View article]
Ed, appreciate the time it took to write this article and I don;'t mean to be critical, but I think you are telling us (basically) what we already know- Apple needs to continue to innovate.
Consumer communication technolgoy and entertainment in the coming years will see termendous innovations. No company is positioned better than Apple to be the spearhead.
Steve, the problem with the maps and Siri applications are much overblown - porbably fueled my the media looking to write or say something. My family has 3 iP5s and have no problems with the maps and only minor issues with Siri. Ditto with other folks I talk to.
Apple's strengths are real and measurable -cash - patents- retail outlets - # 1 iconic Brand - top supply chain - apps - ecosystem .
Its weaknesses are only one of individual perspective.
While I was a big fan of SJ - I am not going to deify him. Apple is own asset class and it has a lot of muscle to be the spearhead of innovations yet to come.
Scott Forstall's departure from Apple (AAPL) was "not his decision," a source tells the WSJ. Moreover, sources claim Forstall has clashed with other execs (this is supported by past reports), and was complaining about a lack of big ideas from his unit - some outside of Apple have been complaining about this too. John Gruber: "Forstall was an obstacle to collaboration ... his responsibilities are being divided between four men who foster collaboration." Erica Ogg: "It's Tim Cook's Apple now." [View news story]
Sam, At its current price I think Apple is undervalued and it is a great time to start accumulating shares or adding to a position. Fundamental strengths are still very strong.
Apple's competitive strengths are measurable - Cash hoard, # 1 iconic brand, top company in supply chain efficiency, loyal and growing customer base, best-in class retail, applications, solid ecosystem and a dividend to boot. What am I missing.
The next few years will continue to see termendous innovations in consumer electronic communicaion and entertainment - no company is position better than Apple to be the spearhead.
Even with the dividend and stock buypack program it is just a matter of time until Apple's cash hoard will equal it current stock price.
Seadrill: Time To Book Profits And The Potential To Earn An Extra 11% In 6 Months [View article]
Thanks for the article. Seadrill is one my top 3 holdings and my favorite for playing covered calls and cash secured puts. I have done very well with SDRL on trading around a core position, covered calls and puts - as well as the healthy dividend. Sold most of my position when PPS was over $40. Right now, I am long the stock with some covered calls at $42 and $41 and puts at $40 and $39.
While I respect technical analysis, I think the stock will not drop too much, if at all. My reasoning is that since the times it has pulled back before the stock is becoming more widely known and the fundamentals have improved. And, I think the yield (which I consider safe) will establish a floor on PPS.
I think at its current trading range Seadrill is in a consolidation phase.
Should You Buy This 8.5% Yielding Stock? [View article]
No reason to buy FTR and get involved in its associated risks when you can buy Seadrill and Calumet Specialty Products and get equivelent yield and better dividend growth and price appreciation.
I want to point out that the 522 you referenced as a low point bottom was only 100 shares sandwiched in between (less than a second) of shares trading about 10 points higher. I investigated this via my broker and never got a definitive answer than it was either a late ticket that never was reported previously or someother similar type issue.
Bottom line it was only 100 shares - next reported trade (;less than a second) was about 532 as I recall.
The selloff in Apple (AAPL) has reached the point of "insanely insane," says Topeka's Brain White, arguably the Street's biggest bull on the stock. Uber-bull or not, maybe he's got a point. Those selling Apple at a sub-10 PE while holding onto or buying Company X - with no earnings growth, selling at a 20 PE, but yielding 5% - may look back one day and wonder what they were thinking. [View news story]
Apple (AAPL) is reiterated a Buy at BAML, but with a lower price target - now $780, from $840. The analysts lower their expected 2013 EPS to $52.45 from $54.30, 2014 to $62.50 from $64. Shares +1.2% premarket. [View news story]
For a growth company that can still pay a decent dividend it PEG ratio is way to low.
Margin compression at Apple (AAPL) is long-term strategy, not a sign the company is losing its competitive edge, writes Kopin Tan in a bullish front-page Barron's article giving the iPhone maker the nod in its battles with Samsung (SSNLF.PK). "Samsung is running ads spoofing the cult of Apple. Samsung knows what it's like to have an image problem." [View news story]
When the market get bullish again on Apple it will snap back.
Cheap 8% Yielder Is Picking Up Positive Catalysts [View article]
All the news on Seadrill has been positive and yet is seems to be under a bit of pressure. Might the market be expecting weak earnings?
Cheap 8% Yielder Is Picking Up Positive Catalysts [View article]
CLMT (petro specialty products) pays about 8% and is up today.
Has Apple Finally Bottomed Out? [View article]
In the coming years we will see termendous innovations in consumer communication and entertainment technology (as well as the enterprise market). No company is positioned better than Apple to be the spearhead - cash, brand, supply chain - patents and talent.
I like SJ too, but I think TC brings the skills Apple needs to drive the train.
Has Apple Finally Bottomed Out? [View article]
Is Apple A Growth Stock Or A Dividend Stock Now? [View article]
I continue to belive that in the coming years we will see termendous innovations in consumer communications and entertainment technology- just like going from the pager (remember when that was the big thing) to the iPhone and iPad.
No company is positioned better than Apple to be the spearhead.
Digging Deep Into SeaDrill [View article]
Apples And Oranges - Is There Anything Beyond The iPhone/iPad Story? [View article]
Consumer communication technolgoy and entertainment in the coming years will see termendous innovations. No company is positioned better than Apple to be the spearhead.
Cook's Recipe For Apple Crumble [View article]
Apple's strengths are real and measurable -cash - patents- retail outlets - # 1 iconic Brand - top supply chain - apps - ecosystem .
Its weaknesses are only one of individual perspective.
While I was a big fan of SJ - I am not going to deify him. Apple is own asset class and it has a lot of muscle to be the spearhead of innovations yet to come.
Scott Forstall's departure from Apple (AAPL) was "not his decision," a source tells the WSJ. Moreover, sources claim Forstall has clashed with other execs (this is supported by past reports), and was complaining about a lack of big ideas from his unit - some outside of Apple have been complaining about this too. John Gruber: "Forstall was an obstacle to collaboration ... his responsibilities are being divided between four men who foster collaboration." Erica Ogg: "It's Tim Cook's Apple now." [View news story]
Apple's competitive strengths are measurable - Cash hoard, # 1 iconic brand, top company in supply chain efficiency, loyal and growing customer base, best-in class retail, applications, solid ecosystem and a dividend to boot. What am I missing.
The next few years will continue to see termendous innovations in consumer electronic communicaion and entertainment - no company is position better than Apple to be the spearhead.
Even with the dividend and stock buypack program it is just a matter of time until Apple's cash hoard will equal it current stock price.
Seadrill: Time To Book Profits And The Potential To Earn An Extra 11% In 6 Months [View article]
While I respect technical analysis, I think the stock will not drop too much, if at all. My reasoning is that since the times it has pulled back before the stock is becoming more widely known and the fundamentals have improved. And, I think the yield (which I consider safe) will establish a floor on PPS.
I think at its current trading range Seadrill is in a consolidation phase.
Should You Buy This 8.5% Yielding Stock? [View article]
Can Anyone Breach Apple's Moat? [View article]
I want to point out that the 522 you referenced as a low point bottom was only 100 shares sandwiched in between (less than a second) of shares trading about 10 points higher. I investigated this via my broker and never got a definitive answer than it was either a late ticket that never was reported previously or someother similar type issue.
Bottom line it was only 100 shares - next reported trade (;less than a second) was about 532 as I recall.