“All the news today is about Apple (AAPL) clearing $300,” Stone Fox Capital writes for Seeking Alpha. “Okay, maybe just the financial news, because of the heroic rescue of the trapped Chilean miners. It’s amazing though that the financial media still becomes fascinated with these psychological numbers. What does $300 really mean?”
“Keep an eye out for when AAPL hits the size wall, but until then the stock remains incredibly cheap for their growth rate,” Stone Fox writes. “The market correctly understands that being a large company, growth can’t be sustained for ever, but for now AAPL will continue generating huge cash flows, reminding us of another benefit to buying the stock. A huge horde of cash and strong cash flow greatly reduces the enterprise value of the company.”
Stone Fox writes, “Ignore the stock price and pay attention to the value. AAPL remains cheap at $300+.”
Full article here.
Cheap at $300!
Cheap at $300!
Fasten your seatbelt we’re embarking on an amazing ride!!!
Fasten your seatbelt we’re embarking on an amazing ride!!!
For those who believed in Apple when the stocks were under 7 bucks a pop. Congratulations!!!
For those who believed in Apple when the stocks were under 7 bucks a pop. Congratulations!!!
Jubei, I believed in Apple. Unfortunately, I just didn’t have any money at the time. Better that I was able to hop on the train later on than never at all.
Jubei, I believed in Apple. Unfortunately, I just didn’t have any money at the time. Better that I was able to hop on the train later on than never at all.
Hubei:
Never had a doubt.
Hubei:
Never had a doubt.
That’s: Jubei
That’s: Jubei
Well not 7 bucks a pop but got in at 12 bucks a pop before stock splits, very happy right now.
Well not 7 bucks a pop but got in at 12 bucks a pop before stock splits, very happy right now.
I believe that Apple is systematically putting together their mobile digital vision of the future, piece by piece. The puzzle picture is almost complete to position this decade as Apple’s decade. At the current YOY growth rate of the stock somewhere north of 20%, $300 will look like a bargain soon
enough.
Go AAPL!!!
Disclosure: very long on AAPL since $5/per.
I believe that Apple is systematically putting together their mobile digital vision of the future, piece by piece. The puzzle picture is almost complete to position this decade as Apple’s decade. At the current YOY growth rate of the stock somewhere north of 20%, $300 will look like a bargain soon
enough.
Go AAPL!!!
Disclosure: very long on AAPL since $5/per.
Thanks Jubei! ; )
Thanks Jubei! ; )
I bought them at $14 in 1999-2000 before the split. I bought them because the doomsayers were suggesting Apple’s going bankrupt. I honestly wanted to support the company I loved. It was an emotional investment as I too wasn’t expecting any good returns. Couple of years later the stock split, doubling my shares or $7 per stock. It has been a gift that keeps on giving and I never sold any. Maybe, like the CEO of ATT once had said, I invested on Steve Jobs.
I bought them at $14 in 1999-2000 before the split. I bought them because the doomsayers were suggesting Apple’s going bankrupt. I honestly wanted to support the company I loved. It was an emotional investment as I too wasn’t expecting any good returns. Couple of years later the stock split, doubling my shares or $7 per stock. It has been a gift that keeps on giving and I never sold any. Maybe, like the CEO of ATT once had said, I invested on Steve Jobs.
Apple is far from peaking:
There are still huge blocks of market share up for grabs in several areas where Apple competes.
There are many parts of the world where Apple is just beginning to grow.
Using brilliant product concept/execution. Apple has created categories of profitable product that barely existed before, and they will likely continue that pattern.
If you had made equal investments in Apple, dell, and microsoft anytime before the late 90s, you would still have more profit in the two dead heads. AAPL will certainly surpass them.
Apple is far from peaking:
There are still huge blocks of market share up for grabs in several areas where Apple competes.
There are many parts of the world where Apple is just beginning to grow.
Using brilliant product concept/execution. Apple has created categories of profitable product that barely existed before, and they will likely continue that pattern.
If you had made equal investments in Apple, dell, and microsoft anytime before the late 90s, you would still have more profit in the two dead heads. AAPL will certainly surpass them.
Cheap unless China floats their currency.
Cheap unless China floats their currency.
The reason why Apple is reaping the reward is because it steadfastly following the fundamental economic principles of success. At a time when Wall Street was leading the country astray with its greed and disregard for financial prudence, Apple has never succumbed to the temptation of other American corporations in following Wall Street’s stupidity and short cut of turning dross into gold. The recent economic meltdown is a sad commentary of how even smart and savvy people and reputable corporations can believe in cock-and-bull stories parried by Wall Street’s snake-oil charlatans.
The reason why Apple is reaping the reward is because it steadfastly following the fundamental economic principles of success. At a time when Wall Street was leading the country astray with its greed and disregard for financial prudence, Apple has never succumbed to the temptation of other American corporations in following Wall Street’s stupidity and short cut of turning dross into gold. The recent economic meltdown is a sad commentary of how even smart and savvy people and reputable corporations can believe in cock-and-bull stories parried by Wall Street’s snake-oil charlatans.
That’s the good news. After the split @ 90 it turned into 200 shares which puts those at about $60k today.
The sad part is I had investments available to transition into Apple of over $100k at the time. $100k invested then would be worth 6 Million now. Shoulda, woulda, coulda…
That’s the good news. After the split @ 90 it turned into 200 shares which puts those at about $60k today.
The sad part is I had investments available to transition into Apple of over $100k at the time. $100k invested then would be worth 6 Million now. Shoulda, woulda, coulda…
Bought at $24. Bugger it. Wish I got in earlier.
Bought at $24. Bugger it. Wish I got in earlier.
The question is, how much of future growth is already factored in to the price, and will investors be spooked the moment sales show the slightest sign of peaking? Or has $AAPL left its volatile past behind?
The question is, how much of future growth is already factored in to the price, and will investors be spooked the moment sales show the slightest sign of peaking? Or has $AAPL left its volatile past behind?
Bought at 142 and 244 and happy about it.
Bought at 142 and 244 and happy about it.