“The ex-dividend date for Apple (AAPL) is tomorrow, May 9, 2013,” TheStreet reports. “Owners of shares as of market close today will be eligible for a dividend of $3.05 per share. At a price of $458.99 as of 9:30 a.m. ET, the dividend yield is 2.6%.”
“TheStreet Ratings rates Apple as a buy,” TheStreet reports. “The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.”
Read more in the full article here.
Come on in tonight !!!
This is like a bullseye the size of a dartboard for the LT investor.
The Street is such a PITA (pain in the ass). They were right out there with all the naysayers, bad-mouthing AAPL instead of bad-mouthing the hedge funds and the short sellers. These so-called ANALyst sites really should be avoided at all costs until they earn trust.
Of course they are right but wrong. They fail to mention that shares take 3 days to settle (so called T+3) which means you should have bought the shares on Monday at the latest.
Wrong. The ex-dividend date is the first date on which owners of the stock will not receive the dividend. The record date (your settlement) is 5/13 and the payment (pay out) date is 5/16.
Wait a minute. What changed? Isn’t this the same Apple that existed 6 months ago when the stock tanked?
“The company’s strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, expanding profit margins and notable return on equity.
Read more at http://macdailynews.com/2013/05/08/apple-stock-to-go-ex-dividend-tomorrow-2/#rEBsfd1BfviWgj2M.99
Yes it is! Back at $700 they should have been proclaiming “outlook for further gains in share price are weak” instead of “company is doomed.” And today, instead of “great company!” they should be saying “at $464/share the prospect for future share price gains is quite good.”
You nailed it when it comes to expressing Apple’s value fluctuations properly, however panic and extreme fear make things work a lot faster. I’m sure unwary investors will dump shares faster if there is constant chatter saying the company is doomed.