Pascal
04-29-2013, 12:15 PM
AAPL crossed below the 10% supply level and is now cruising toward both its 50MA and the Neutral Boundary.
You will note that LEV is rather strong and that the 10% low supply level goes all the way to about LB at $480.
Funds that want yield are now attracted in the stock.
AAPL: P/E 9.42, Yield: 2.9%
Russel 2000: P/E 34.16, Yield: 1.83%
S&P500: P/E 18.51, Yield 2.1%
We can see that AAPL's growth a slowing, with competitors popping everywhere, but let's not forget that this company is very creative. Even though the CEO did not talk much about the new products, innovation is the company's culture. SPY is priced twice as high as AAPL, offers a lower yield and the creativity of an elephant.
AAPL is still a good buy here. Of course, always better to buy on a pull-back to support.
Pascal
1815518156
You will note that LEV is rather strong and that the 10% low supply level goes all the way to about LB at $480.
Funds that want yield are now attracted in the stock.
AAPL: P/E 9.42, Yield: 2.9%
Russel 2000: P/E 34.16, Yield: 1.83%
S&P500: P/E 18.51, Yield 2.1%
We can see that AAPL's growth a slowing, with competitors popping everywhere, but let's not forget that this company is very creative. Even though the CEO did not talk much about the new products, innovation is the company's culture. SPY is priced twice as high as AAPL, offers a lower yield and the creativity of an elephant.
AAPL is still a good buy here. Of course, always better to buy on a pull-back to support.
Pascal
1815518156