“Sour green or red delicious? Analysts and traders are extremely far apart on shares of Apple,” Alex Rosenberg reports for CNBC. “Over the past six months, shares of the tech giant have fallen more than 25 percent, badly underperforming the S&P 500. And on Tuesday, Apple shares dipped below $96.”
“Meanwhile, analysts’ average price target on shares of the stock is $140, according to data provider FactSet,” Rosenberg reports. “Some, like Goldman Sachs, see the stock even higher; that bank’s analyst has a price target of $155. And Piper Jaffray’s well-regarded Gene Munster says the stock is going to $179, which would almost be a clean double from current levels.”
“Right now, the delta of the January 2017 140-strike call is 0.11, or 11. That implies an 11 percent chance that Apple will rise to or above $140 within a year,” Rosenberg reports. “When it comes to the world’s biggest public company, either traders or analysts are about to be proven dramatically, dramatically wrong.”
Read more in the full article here.
MacDailyNews Take:
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute. — William Feather
SEE ALSO:
Raymond James analyst sees Apple’s stock price stuck at $103 for a year – January 19, 2016
Most Apple traders are watching for prices over $100 – January 19, 2016
Growth funds dumping Apple stock on anticipated iPhone sales decline – January 16, 2016
Apple stock’s mini win streak threatened by market reversal – January 13, 2016
Apple could soon lose its place as world’s most valuable company to Google – January 13, 2016
The stock market is for fleecing cows and then selling off their hides and butchering their meat. Apple is not the stock market. Apple needs to stop playing in the stock market. It does not need it as much as the stock market needs Apple to be its whipping boy/girl/-whatever.
How does Apple extricate itself from the stock market? What happens to the millions of people who purchased Apple stock?
Apple buys out all its stock and goes private again.
Whether that’s wise or even possible is debatable.
Does Apple have enough cash?
If it is impossible for Apple to buy all stock why even continue to suggest it is feasible?
I didn’t suggest it was feasible. Read what I wrote please.
apple gave up the choice of independence years ago by going public i.e selling shares. Now it is beholden to the stock holders. It’s NUMBER ONE item on it’s Corporate Governance Guidelines is responsibility to the shareholders.
I cut and paste:
________
I. The Role of the Board of Directors (Apple)
The Board oversees the Chief Executive Officer (the “CEO”) and other senior management in the competent and ethical operation of the Corporation on a day-to-day basis and assures that the long- term interests of the shareholders are being served.
–
Basically everything Apple does has some connection to satisfy it’s shareholders. it sells stuff to make money for shareholders etc.
Note: “it’s” = “it is.” It’s not rocket science. We long-time Apple investors should know better.
really so you’re a grammar Nazi for a FORUM POST?
LOL.
You’re commenting on thing like ‘it’s’ REALLY ????????
Like I spend endless times checking stuff like that for a FORUM POST, like people can’t understand?
DO YOU TEXT on your phone IN FULL SENTENCES ALSO? LOL.
seriously dude do you have actually anything INTELLIGENT, any actual INFO the TOPIC IN QUESTION : shareholders, Apple BOD responsibilities etc that will enlighten other people ?
(my post actually gave info that many might not be aware of)
I always find it amusing that people when they DISLIKE the info given but have NOTHING intelligent to add or refute turn into grammar nazis.
here i type all wrong here with no punctuation, what the fuck eh?
Usher and friends voting me down, you still don’t have anything to contradict my first post do you?
What’s to contradict? The key phrase, though, is *long term* interests, not the next quarter.
long term or short term the declared aim of apple under the guidelines are exactly the same.
I’m still right no matter how much you all squirm about it ..
maybe my answer to you list catcher is not clear.
what you should note is that my first post which grammar nazi was attacking said this:
“Apple needs to stop playing in the stock market. It does not need it as much as the stock market needs Apple.”
my answer is that the primary aim of apple according to the guidelines is that it serves the shareholder.
what I’m pissed about is that people are bashing me without me saying ONE word criticizing Apple or it’s staff, I was just copying the guidelines which all the anti shareholder people seem blissfully unaware. I hear too much ” f-ck the shareholder. Apple doesn’t need them ‘ nonsense
No one can accurately predict the future and it’s just crazy how Apple’s stock can be based on some future sales figure. These analysts are pulling figures out of some hat and they claiming they’re right on the money and Apple sales will show some deep decline. Even if it doesn’t happen this quarter or the next, they can keep saying it to scare off investors and that’s just totally stupid. Actual performance doesn’t mean anything now. Everything is based on future performance which can’t be proved or disproved.
Maybe I’m just looking at everything wrong, but it doesn’t make any sense to me. Something can go wrong with any company that will change even a bright future, using Chipotle Mexican Grill as a recent example. There’s simply no guarantees good or bad about the future for Apple or any other company.
Carl Icahn’s $200+ per share value of Apple now seems so far off to be completely ridiculous which it probably always was. Apple is not even worth half that now and they’re saying this share price is generous for Apple in terms of value. My whole concept of investing in companies is so out of whack when it comes to value. Company fundamentals used to be worth something, but apparently they’re no longer useful at all.
Seven, you’re constantly anxiety-ridden about AAPL. I hope you realise that your good health is worth more than any windfall from a stock market trade. If you’re not trading, take a chill pill and relax–you must realise that a company with good fundamentals will do fine in the long run; no need to bite your fingernails to the nub every day.
Your worries about the irrationality of the market are certainly justified–because it’s fundamentally irrational, based precariously on investors’ mystical beliefs. The elaborate devices of the quants and theories of technical analysis don’t change the fact that this is basically a human social activity subject to the vagaries of the human mind and all the svengali manipulations that exploit them.
Feel more sorry for me and my sister, who hold stock in XON and CVX.
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