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

American Capital Agency Corp. Message Board

you are viewing a single comment's thread.

view the rest of the posts
  • aapl1000 aapl1000 Feb 11, 2013 12:47 AM Flag

    Is AAPL a buy?

    Apple is undervalued at present prices so, of course, I am in. Also, the tech sector is my speciality for investing and I have alot of tech stocks but I don't chase the overpriced highflyers. Einhorn does the type of value investing that I try to emulate and he's now lit a fire under AAPL management to do something so the likelihood is good that in a couple a weeks they will announce a large stock buyback and a dividend increase. He's been a long term holder of AAPL so he's not like some of these managers who are in and out before you can wink an eye. Also, if you had followed Einhorn (and I) into STX, you would made a ton of money. He initially bought it at $16.60 in summer 2011. He added to his position when STX dropped below $24 last summer because earnings continued to improve and STX is very shareholder friendly. Anyway, the stock is now above $35, a double in less than two years and a 50% price change in 6 months (plus a good dividend).

17.79-0.06(-0.34%)Feb 5 4:00 PMEST