“Apple has more upside to come this year,” Jeff Reeves writes for MarketWatch. “Here are a host of reasons why, and what to look for when the company reports earnings next week:”
9 reasons why Apple’s stock will keep rising:
• Momentum
• Enterprise
• Emerging markets
• Profitable OS
• Cash king
• Deal potential
• Buybacks
• Dividends
• Rotation to quality
Each point above explained in the full article here.
Sell and take your profits now, Apple can’t forever ride the wave.
You fanbois don’t know anything about investing.
Fire Tim Cook .
I’ve been buying AAPL ever since it was about $15, pre-split-split. Thank you for your advice, which I will keep on ignoring.
@GM——Kiss-My-A$$
Ever since the initial IBM announcement, the stock oddly has been dropping including today. Frustrating as hell as that was incredible news. I thought that the stock buyback was to put a stop (or at least) slowdown this sort of manipulation.
This is not manipulation: shareholders who own a large number of shares (i.e., banks, pension funds, mutual funds, hedge funds) can only sell in volume, at a good profit, on good news because so many other investors pile in, and absorb the mass selling, as part of a knee-jerk reaction to the news. As more and more people buy, they can continually unload those shares. When they unload too many shares, driving the price down, they stop selling, and let the buyers lift the price again. They then re-sell into this new round of buying…
Which fanboi are you bitch slapping today for daring to be forever long GM?
Put your money where your mouth is and sell short AAPL stock. And no, you can’t buy my shares to cover your short sale loss.
GM, if that is your opinion, then please explain to all of us why you are spending all your time on a Mac site secretly drooling over Apple premium products in the first place. Go hang out on a Samsung forum and watch people try to justify why Samsung phone sales are stagnant at best.
Let’s hope it can at least hold present levels before being giddy about the stock rising. Both the Apple/IBM alliance and the Beats deal were pretty much given the cold shoulder by Wall Street. YTD Microsoft’s share price has actually outperformed Apple for reasons that are hard to fathom. A weak mobile initiative, piss-poor Surface RT sales and not much better Surface Pro sales, slow upgrading of users to Windows 8.1, competition in cloud services from Amazon, the Xbox One being outsold by the PS4, etc. Yet Microsoft’s share price is rising at a faster rate and will likely hit $50 long before Apple reaches $100.
The stock market is irrational so one can never count on Apple’s share price to keep rising simply because the company is doing well. Microsoft’s P/E is almost at 17 while Apple’s P/E is trapped below 16. Apple has done so much in the form of buybacks and dividends but it doesn’t impress Wall Street at all. Maybe if Apple fired 10,000 or so employees that might get Wall Street’s attention because that sort of thing always makes investors happy.
Will Apple catch fire later in the year? We’ll simply have to wait and see.
1 reason it won’t, Stupid anal-ists and short investors!
Apple stock should be double what it is today.