Stock (Symbol) | Stock Price | |
Apple (AAPL) |
$457 |
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Data is as of | Expected to Report | Sector |
February 1, 2012 |
Apr 20 |
Technology |
Sharek’s Take | ||
Note: the data in this article, charts and tables is from February 1, 2011 when the stock was $457. I’m writing the article on February 14th after the stock hit $500 yesterday. Apple (AAPL) stock is finally tearing it up. This stock has been undervalued for YEARS. Undervalued by at least 50%. Now the stock is on a tear because Apple just posted earnings up 116% while obliterating estimates. Althouth people might think the stock’s too expensive, AAPL has a P/E of only 11. After reporting earnings, AAPL’s CEO said growth in China is “staggering”. China will fuel growth in 2012. In 2013 TV’s could be 11% of Apple profits — and provide the company with the next catalyst for growth opportunity. |
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One-Year Chart | ||
Here’s the one-year chart of AAPL. Sure the stock’s made gains but the P/E in the chart is only 11. |
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Earnings Table | ||
Profits jumped 116% last quarter. Revenue growth the past nine quarters has been: 32%, 49%, 61%, 67%, 71%, 82%, 82%, 39% and 73% last quarter. |
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Fair Value | ||
AAPL is $500 but its still a long way from its Fair Value. I think the stock can make a parabolic move higher now that it has momentum. | ||
Ten-Year Chart | ||
Such a pretty ten-year chart. You could take a line and put it on the stock price from 2004 to today and see little deviation. The stock quickly regained traction after the stock market crash in 2008 & 2009. Yearly EPS Growth is much higher than Yearly Stock Growth. That tells me the stock has some catching up to do. The P/E verifies this. |
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Power Ranking | Bottom Line | |
Growth Portfolio
1 of 20 |
Last quarter was Apple’s best quarter ever and pushed the stock into new high territory. The stock is still the most undervalued in the market and is set up for a parabolic move higher. AAPL is the best stock in both the 20 stock Growth Portfolio and the 10 stock Aggressive Growth Portfolio Power Rankings. This is the best investment in my lifetime. |
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Aggressive Growth Portfolio
1 of 10 |