Yes, the new iPhone 8 Plus is a bargain. And if you see my logic, you will agree too. I'm a proud owner of Apple's new phone from October 2017. My previous phone was the iPhone 5 which I purchased in February 2013. It was a great phone and I would have held it for another year if my wife didn't leave it in the sun on the beach at Protaras. It was in a bag but at over 40 … [Read more...]
Should Investors Sell Apple?
Summary What is the value of Apple stock? If the stock has exceeded its value then shouldn't even investors be selling? The article applies 6 different valuation methods to answer that question. If the stock is no longer cheap then what are the reasons for holding on to the stock? As a value investor and owner of Apple (NASDAQ:AAPL) stock, I am always concerned … [Read more...]
Apple – The Big Picture And Why You Should Own It
Summary Let's stop playing the game "What do we find to worry about next", and focus on the facts. Apple's finance performance is mind boggling - Stronger than any other company with sales above $30 billion. Apple's stock is cheap as it trades at a discount to historicals. Focusing on the huge amount of free cash flow results in a great deal of upside (40-80%). … [Read more...]
S&P 500 Still In A Bull Market
Summary The market dropped because many stocks were fully valued. Many stocks have now corrected. Basic macros: GDP growth and normal yield curve are positives. Technicals have weakened but still appear to support the bull case. Investors should not panic and assess both fundamentals and technicals before changing their views significantly. The recent drop is … [Read more...]
