Changed my order to $80. Looks unlikely right now. When the market smells a stock that should be $100+, there will be few sellers in the $80's. I think that is what we are seeing.
I buy and hold long term, and don't get greedy with price points, therefore. I'm sticking with it. After all, there is always a chance one could buy lower.
On the other hand, AAPL is an habitual low-baller with guidance. So, their guidance could be viewed as such and have no impact on SWKS. Also, SWKS is MUCH more than AAPL nowadays, and the market is understanding this more every quarter. So, again, a low guide could be irrelevant to SWKS. Finally, let's not forget the possibility AAPL surprises with above-expectations guidance. THAT wouldn't hurt SWKS.
Proceed with your glass half empty attitude, if that's how you roll. 😊
Attempting to time the market, or an individual stock, is a treacherous pursuit. I prefer to be patient, weather the inevitable pullbacks, buy those pullbacks, and stay the course when the company's future is so bright.
Also, Apple Watch very soon. Don't sleep on this one as it relates to SWKS. This new product will be big for AAPL and ginormous for SWKS.
I believe dips will be shallow now, given the recent guidance and now that we're over $80, cheetah...like 2% - 2.5%. Again, unless some macro news hits all stocks.
Agree. Adding below $80 will be the play for me. I last bought premarket Friday at $78.50. I buy and hold for long term. I will nibble on any price under $79.50 at this point unless some negative market macro issues arise. In this case, I will be more patient.
Never have been able to validate comparing the stocks of two companies when the market caps are sooooo far apart...$662b vs. $15b. SWKS figures to be far more volatile, but with tremendous growth potential. AAPL is a much lower beta with a relatively lower growth potential, but a more stable pps. Ones investment goals and objectives would be very different for each, so why would one choose between these two stocks. Invest in both to balance your portfolio, or choose between high beta and low beta as a strategy.
To each his own. I disengage with idiots. My time is too valuable not to.
Can you explain to me why you care about this m.moc poster's opinion? I mean, you do realize it's likely the same air bag short who posts on this board under multiple screen names, right? Do yourself a favor and disengage with that poster. Idiots, over time, will turn you into an idiot.
The ttm PE going into earnings Thursday was 33.3. Given the foreseeable growth trajectory heading toward EPS of $7, according to management, a PE of 32 does seem very reasonable.
To clarify, based on the ttm EPS numbers I have given in this topic, an apples to apples comp..current is $3.83, previous was $3.24. Ttm PE going in was 24, and current is 21. Obviously, a climb back to 24 puts the pps at $92.
Now I have the numbers right...I think. 😀