With the stock struggling to gain any momentum, Apple (AAPL) actually continues seeing the earnings estimates riding higher. The previous investment research on the stock recommended owning this stock as long as the earnings trend remains positive.
Trading at roughly 9x the '16 estimates ex-cash, Apple is too cheap. At the current price of $118, the stock appears ready to surge higher into year end.
Disclosure: Long AAPL. Please review the disclaimer page for more details.