Apple Is The Bargain Of 2019

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About: Apple Inc. (AAPL), Includes: NFLX
by: DTF Capital
This article is exclusive for subscribers.
DTF Capital
Long only, value, small-cap, mid-cap
Summary

The wild swing of the market sentiment has knocked Apple stock down to no-brainer territory.

The current flow of news that surrounds Apple is mostly negative, while the company continues to deliver strong financial results. In addition, non-iPhone revenue has grown in importance.

Services and other products segments are bound to surpass investors’ expectations in Q1 and will be the next catalyst for growth in the future.

Netflix’s subscription price increase is a blueprint for Apple’s next move.

Apple is a strong Buy at $150/share.

Investment thesis

All the bad news has fallen on Apple (NASDAQ:AAPL) recently. First, they stopped reporting iPhone unit sales. Also, the company published soft future guidance due to longer upgrade cycles and macro