Friday, June 13, 2014

What To Do Now With Apple


Summary

  • Stock split likely pushed Apple to near all-time highs.
  • Apple still lacks a leap forward in innovation.
  • Still, stock has more upside based on multiple expansion.
After the stock split and a surge toward record highs and a double top around $95, the big question now is whether Apple (AAPL) offers investors any value. The stock has surged over the last year without the company providing much in the way of innovation, potentially eliminating future outsized gains.

Read the full article at Seeking Alpha.


Disclosure: Long AAPL. Please review the disclaimer page for more details. 



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