Thu, Oct 2, 2014, 11:46 AM EDT - U.S. Markets close in 4 hrs 14 mins


% | $
Quotes you view appear here for quick access.

Apple Inc. Message Board

  • jimturner54321 jimturner54321 Mar 27, 2013 3:37 PM Flag

    Buying APPL

    Putting aside emotions, the combination of a resurgent stock market and a stumbling Apple stock have Apple trading for a sizable discount to the market. The S&P 500 trades for 18.3 times trailing earnings. Apple's at just 10.6. Doing the math, Apple trades at more than a 40% discount to the market. If you want to make it seem more impressive, the market trades at more than a 70% premium to Apple.
    With stocks in general getting pricier, Apple's cheap price on a relative (and, more importantly, absolute) basis has me buying Apple stock for the third time, following buys in December and February.
    I think Apple's brand position, corporate leadership and culture, and opportunities outweigh its threats given its current price and balance sheet strength.

98.13-1.05(-1.06%)11:46 AMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.