“If Apple earnings $60 this next year and $70 next year, and if the stock goes back to a 10 P/E multiple, plus you add what will be close to $200 a share in cash at that point even after the buy backs and dividends, you’d have a $900 stock sometime in 2014 or early 2015,” Cody Willard writes for Wall Street All-Stars.
Read all the latest insights from earlier in Wall Street All-Stars’s Platinum Chat Room on how to trade Apple Inc (AAPL) from some of the best money managers on the planet here.
Read more in the full article here.