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Stock (Symbol) Stock Price

Apple (AAPL)


Data is as of Expected to Report

July 29, 2015

Oct 19 – Oct 23
Sharek’s Take
David SharekJust when you think Apple’s gonna move a move higher it drops back into its base, and isn’t moving once again. The qtr was good, strange that it dropped after earnings, but that’s the name of the game with Apple stock. You never know when it will move. What’s of concern now is this qtrly profit outlook: +32%, +4%, +4%, and +7% the next 4 qtrs. With a P/E of 14 the stock’s undervalued, but the P/E has been 12 to 15 the past four years so you can’t assume it will get bigger. I feel this $123 stock is worth $137 but the stock’s lost momentum and I sold some shares from client accounts, reducing my position totally in the Aggressive Growth Portfolio.
One-Year Chart
AAPL_2015_Q3I was hoping AAPL would break out of this long base like many growth stocks did this qtr. But it didn’t. Profit growth of 40% isn’t helping the stock. Strange how AAPL moves.
Earnings Table
AAPL_2015_Q3_EPSSales rose 33% last qtr — simply amazing for such a large firm. Profit growth was a sizzling 45%.

AAPL beat the street by 12 cents, and has been upping and beating for 3 qtrs now.

Annual Profit Estimates
 chipped higher, but rose more 2QtrsAgo.

Quarterly estimates show profit growth set to slow later in the year, but the company could keep raising and beating and hit teens growth.

Fair Value
AAPL_2015_Q3_PHHere you can see the P/E range the past four years wasn’t very high. Poor Apple, pays a 2% dividend, grows profits at a decent rate, doesn’t get respect.
Ten-Year Chart
AAPL_2015_Q3_10yrGreat looking ten-year chart. Stock should maybe be higher from the looks of this.
Bottom Line Power Ranking
Apple is back into its base and may hibernate there for a while. It’s tough to tell when this stock will make a move. I sold some shares from client accounts.
AAPL ranks 15th of 23 stocks in the Growth Portfolio Power Rankings, with its low P/E giving the stock long-term appeal, but it was just sold from the Aggressive Growth Portfolio because it’s not timely.
Growth Portfolio

15 of 23

Aggressive Growth Portfolio


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