“There are limits to everything. And as far as market caps are concerned, I think Apple (AAPL) has reached that limit at the $700 mark. Apple is not the only stock in this predicament,” George Kesarios writes for Seeking Alpha. “There are many other stocks that are also quite big and cannot easily double or triple over the very long term. In fact I think stocks like Intel (INTC), Cisco (CSCO) and Microsoft (MSFT) also face the same challenge.”
“The fact that these companies are too big to give investors a real thrill still remains a theme of mine, and it is one of the reasons I usually recommend these stocks mostly for swing trading, and not for long-term buy and hold portfolios, unless of course you like the dividend,” Kesarios writes. “Apple is a great value stock, an excellent dividend paying stock and a very stable and solid company, but do not expect the returns of yesteryear soon (if ever).”
Kesarios writes, “Is Apple’s stock a buy? Sure it is. It’s a solid company, a good dividend paying stock and it offers a lot of stability. If you are a conservative investor, then this stock is for you. And current levels are as good as any, especially now with the recent pullback.”
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