Apple Story Overview

AAPL -- USA Stock  

USD 222.11  7.66  3.57%

Macroaxis News
  
By David Taylor

I am typing on an Apple.  I have been doing so since 1986, although this computer is newer than my first Plus.  That is over thirty years.  They make great products, as the iPhone shows.  They have great integration with their products.  Everything works together and it works well.  But, is the stock priced about where it should be?

If I had to rate this stock I would say it is below average.  Case in point, looking at what you are investing in via earnings.  After all, that is what it is all about

Computers
Fama & French Classification
Apple is ripe for the picking as long as its stock gets just below these levels.

Apple has had strong earnings for some time.  Their stock is slightly above a level I would consider as a strong buy.  I am looking to add this stock in to my own portfolio to get a piece of the pie myself as long as the price dips to levels we saw just a few months ago.  Consider this company into your own portfolio.  




Is it safe to get into Apple?  

I am typing on an Apple.  I have been doing so since 1986, although this computer is newer than my first Plus.  That is over thirty years.  They make great products, as the iPhone shows.  They have great integration with their products.  Everything works together and it works well.  But, is the stock priced about where it should be?

If I had to rate this stock I would say it is below average.  Case in point, looking at what you are investing in via earnings.  After all, that is what it is all about:

2013:    $6.49 

2014:    $9.28  

2015:    $8.35

The stock is trading at $120 per share.  That is about 15-times earrings.  Interestingly, that is about average for the past 50 years.  But, and this is why I call the stock below average, the average today is roughly 26-times earnings.  Therefore, Apple is trading below that.  

To be fair, Apple was trading at about $90 per share just a few months ago.  Had you picked it up you would be sitting on a very nice, roughly 50% return in just a few months’ time.  Not bad.  But, you would have had a tough time predicting the Trump presidential victory, as nearly the entire world was caught off guard, and you would have had a tough time predicting the after-election rally.  So, it might have been a bit tough buying in to Apple at that point, and you are forgiven for missing the opportunity.  

I believe that the overall market is going to come down.  And, it might be that Apple falls down as well.  Given that I believe that there may be an opportunity to pick this stock up at a better entry-to-earnings ratio.  Investing in any stock is all about earnings.  Sure, there are other variables to factor in, but all those other variables amount to the end result of either better earnings or lower earnings.  When I look at these other variables, such as cashflow-to-earnings ratio or return on investment, I am looking at them with an eye towards whether or not earnings are going to outpace current levels.  

Apple is geared up to be earning more revenue over the next few years and their ability to outpace the past is there, albeit at a slightly elevated level.  Given that, I have always wanted to own Apple.  I am going to be looking to pick up this stock once the market corrects itself and Apple dips back down to about the $90 level again, should it fall that low.  

There is one catch, though.  Apple has a lot of competition in the mobile phone department.  Seems at one time they were the only game in town.  Now, every company out there is working to chip away at the mystique that Apple once had.  I still very much believe that Apple can hold on to its superiority in that department, this, despite the recent unimpressive sales of the iPhone 7.  Seems everyone is waiting for the 8, including me.  

Take a strong look at the numbers on Apple including the sales and revenue.  There are some impressive growth numbers there that should you be able to pick up this stock you will be glad you did.  Apple is a very long term holding for any portfolio.  They have proven themselves time and again.  The only question you should have is at what price to buy, and I would say that if you were given a $90 price again, you should take the offer. 

Story Momentum

This media report from Macroaxis distributed on January 12, 2017 was a factor to the next trading day price decrease.The overall trading delta against the next closing price was 0.18% . The overall trading delta when the story was published against the current closing price is 82.08% .

Similar stores for Apple

a minute ago at www.macroaxis.com 
Acquisition by Philip Schiller of 64885 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Grant, award or other acquisition pursuant to Rule 16b-3
2 days ago at www.macroaxis.com 
Payment of 68530 shares by Jeffrey Williams of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Payment of exercise price or tax liability by delivering or withholding securities
few days ago at www.macroaxis.com 
Exercise or conversion by Oppenheimer Peter of 1300 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over a week ago at www.macroaxis.com 
Sale by Luca Maestri of 7582 shares of Apple
Macroaxis News
Filed transaction by Apple Inc officer. General open market or private sale of non-derivative or derivative security
over a week ago at www.macroaxis.com 
Sale by Luca Maestri of 5485 shares of Apple
Macroaxis News
Filed transaction by Apple Inc officer. General open market or private sale of non-derivative or derivative security
over a week ago at www.macroaxis.com 
Exercise or conversion by Angela Ahrendts of 130528 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over two weeks ago at www.macroaxis.com 
Sale by Fadell Anthony of 85000 shares of Apple
Macroaxis News
Filed transaction by Apple Inc officer. General open market or private sale of non-derivative or derivative security
over two weeks ago at www.macroaxis.com 
Payment of 68686 shares by Philip Schiller of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Payment of exercise price or tax liability by delivering or withholding securities
over three weeks ago at www.macroaxis.com 
Exercise or conversion by Forstall Scott J of 37500 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over three weeks ago at www.macroaxis.com 
Sale by Oppenheimer Peter of 3119 shares of Apple
Macroaxis News
Filed transaction by Apple Inc officer. General open market or private sale of non-derivative or derivative security
over a month ago at www.macroaxis.com 
Exercise or conversion by Tim Cook of 2000 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over two months ago at www.macroaxis.com 
Exercise or conversion by Oppenheimer Peter of 10900 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Exercise or conversion of derivative security exempted pursuant to Rule 16b-3
over three months ago at www.macroaxis.com 
Acquisition by Jeffrey Williams of 118 shares of Apple subject to Rule 16b-3
Macroaxis News
Filed transaction by Apple Inc officer. Grant, award or other acquisition pursuant to Rule 16b-3

Shares Owned by Institutions

Shares Owned by Institutions Comparative Analysis

  Shares Owned by Institutions 
      Apple Comparables 
Apple is currently under evaluation in shares owned by institutions category among related companies. Shares Owned by Institutions show percentage of the outstanding shares of stock issued by a company that are currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Check also Trending Equities. Please also try Price Transformation module to use price transformation models to analyze depth of different equity instruments across global markets.
Search macroaxis.com