“During the last three months of the year, Apple has traded positively 80 percent of the time over the last 10 years while the S&P 500 has traded positively 70 percent of the time according to Kensho, a quantitative tool used to answer complex financial questions and find profitable trades,” Lisa Villalobos reports for CNBC. “The median return on Apple shares over that same period is 14.88 percent and 6.58 percent for the S&P 500.”
“However, Kensho data also shows that most of Apple’s gains in the last quarter happen in the first half,” Villalobos reports. “Over the last 10 years, Apple performed positively 70 percent of the time between Nov. 25 and Dec. 31. The S&P 500 performed positively 100 percent of the time. During this time period the median return on Apple was 2.8 percent while the median return for the S&P 500 was 2.2 percent.”
Villalobos reports, “‘Fast Money’ trader Steve Grasso says you need to consider other information when processing the data and making an investment decision noting this December could bring big iPhone sales. ‘Everyone has been waiting for this new iPhone, the iPhone 6, the iPhone 6 Plus. I think that’s where you’re gonna look back and say this is a buying opportunity and not a selling opportunity and not a time to say that you missed it.'”
Watch the video in the full article here.
[Thanks to MacDailyNews Reader “Lynn Weiler” for the heads up.]
Si. Es bueno.
Except that if you’re buying now you’re a little late to the party.
Nope, it’s a good time to get in:
1. The stock is still undervalued, especially if Apple can achieve a 30+ percent increase in EPS over the next few quarters.
2. The stock gain over the past ten years from Friday close before Thanksgiving week to the high price during Thanksgiving week has averaged around 8 percent. The stock typically continues running the following week and achieves an 11 percent average gain (Friday before Thanksgiving to high of the week after Thanksgiving).
3. January is hit or miss on stock gain, but if Munster is correct and demand for the products seep into early 2015 than there should not be a reason for a pullback. In addition, there is a new product category on the horizon which should get a lot of buzz and keep things fresh. My guess is Tim and company manage this January timeframe much better this year compared to the last two.
These are very exciting times to be an Apple fan and/or investing in AAPL.
I have no doubt that in the long run Apple will go substantially higher. What I was saying is that if you’re not in now you’ve already missed about 6 doubles in price over the last 10 or 12 years.
The human brain is wired to look for patterns and to invent elaborate theories based on those patterns which are mere bumps in the randomness of reality.
Random? A tree growing from a seed for millions of years time and time again is random? And so on……..
Always remember: Past performance is no guarantee of future results. Don’t gamble what you can’t afford to lose.
In the next year I’m going to buy a +6, a 27in 5k iMac, a large screen iPad, an Apple watch, and an Apple TV. Time for some serious upgrading, and new toys.
Buy Apple stock now, because you may not be able to afford it later.
Due to unaggresive marketing strategies IPhone fails Indian hearts full phone specification with launch price Iphone 6 lauched with very high price