NASDAQ:AAPL

Apple Inc (AAPL)

333.69
+3.37 (1.02%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
2021 watching
0
BUY
One of the few companies that is actually working in this environment. Great company and hard to question anything they do. Haven't had a product stumble over the last few years but there is some question with the iPhone 4 launch. Perfect balance sheet with $40 billion in cash. Trading at 20X next year's earnings.
HOLD
Had a fantastic run over the last couple of years so it may be due for a pause. R&D as a percentage of sales is the lowest you will find in techs. Margins are phenomenal. Fantastic return on capital. Have a huge scope for growth as mind share is 30% but actual market share is only 10%. Would buy a $200 but lighten up at $300.
BUY ON WEAKNESS
Great company with a very diversified product mix. iPad is doing well and iPhone is expected to do very well. 18%-20% long-term earnings growth estimates. Would prefer at $250.
TOP PICK
Expect they will earn $17 a share next year and have $40 a share in cash so is trading at 13X earnings. Selling far more iPads than analysts expected. Half of their revenue this year will come from products that didn't exist 4 years ago.
DON'T BUY
Too highly valued for him at 22X PE and 19X forward earnings. Would prefer at 15X or less.
COMMENT
This is had a big run. If you are bullish on this company, Calls are not overly expensive so it is not a bad trade. If you own the stock, you could write Covered Calls and Sell Puts if you want to own more shares.
PAST TOP PICK
Wrote covered call (Top Pick May 4/10, Up 1.72% plus option premium)
DON'T BUY
Great story but one of the problems he has is that it is a highly valued stock, which everybody loves and analysts keep pushing up earnings estimates. You are paying a very high multiple for basically an electronics company. Priced for perfection. Pricing may come down on their products.
STRONG BUY
Wonderful company and a great stock. If you look at the earnings growth progression, they continually beat estimates and are coming out with new products. Almost $40 a share in cash and almost no debt.
TOP PICK
Everything is working. iPhone, iTablet, iPod and their computer market share is increasing. This is the bellwether stock in the market.
BUY ON WEAKNESS
(Market Call Minute.) Great growth name. May be at its near-term high so would be careful buying at these levels. Try to buy at $30-$40 cheaper.
BUY
Thinks they will earn $14 a share. A great stock. Hitting on all cylinders. iPad and iPhone sales have been doing very well.
COMMENT
30-40 times earnings multiple is too expensive for him.
BUY ON WEAKNESS
US stocks with the US$ going down? You want to have an extra 10% return to cover potential currency loss. This one has had a great move and there could be a retreat in the share price.
BUY
Has been a great stock. One of the cheapest stocks he owns, even at these levels. Should have a lot more upside. They have $45 a share in cash.
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