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Apple (AAPL-Q) opinion on 2017-05-19

Last Price Recorded: 174.9600 on 2017-11-23

ON STOCKCHASE SINCE Oct 2000

electrical/electronic
COMMENT

John Petrides
Apple was $153.060 at time of opinion
Owned : Unknown

He still likes this despite its run up. It has a 4% position in the S&P 500 and is up 25%, and probably a 15% position in the NASDAQ. Has been a major driver of indices and performance year-to-date. The story is still attractive. You are getting the 10th anniversary of the iPhone in September, which should be a blockbuster product. By this time next year, with the new iPhone coming out, it has very low hurdle rates to jump over. Also, starting to ramp up their services business, which is very important for future growth. If and when Trump and the Republicans are able to pass through tax reform, this company has $250 billion of cash, whereby 95% of that is sitting overseas. If they were able to repatriate that cash and give it to shareholders, that would be a good thing.

BULLISH

All opinions for AAPL-Q (818)

141 BUY
24 BUY on WEAKNESS
182 COMMENT
122 DON'T BUY
82 HOLD
1 PARTIAL BUY
10 PARTIAL SELL
88 PAST TOP PICK
19 SELL
1 SELL ON STRENGTH
1 SHORT
5 STRONG BUY
113 TOP PICK
17 WAIT
7 WATCH
5 WEAK BUY
View All

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All opinions for AAPL-Q (818)

141 BUY
24 BUY on WEAKNESS
182 COMMENT
122 DON'T BUY
82 HOLD
1 PARTIAL BUY
10 PARTIAL SELL
88 PAST TOP PICK
19 SELL
1 SELL ON STRENGTH
1 SHORT
5 STRONG BUY
113 TOP PICK
17 WAIT
7 WATCH
5 WEAK BUY
View All

More experts covering AAPL-Q

SAVE
Add AAPL-Q to Watch List

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