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Back to Apple

So it looks like Apple is headed for $18/share in 2010 and I’d put a 20x multiple on those earnings for a price of $360 plus 50/share in cash yielding target of $410 fair value.  Even if you back off on the multiple to 15x earnings you get to $320 after you add cash in.  Apple still a very strong buy here today.  Wall Street taking time to catch up

Categories: Finance and Stocks Tags: , ,
  1. beatstockmarket
    February 3, 2012 at 7:37 PM

    See my post above. I have to give my analysis a pat on the back

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