Why We're Buying (More) of Apple
The following video is part of our "Motley Fool Conversations" series, in which analyst John Reeves and advisor David Meier discuss topics across the investing world.
John and David have decided to pick up more shares of Apple for their real-money "10-Bagger Portfolio." Apple is changing the face of computing and it's crushing many of its competitors as it does so. Not only that, but no matter how you slice it, this stock appears to be cheap. The company trades at just 11 times free cash flow, and that stream of cash is growing quickly. Apple's incredible focus on great designs and fantastic content has resulted in tremendous market dominance.
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At the time this article was published David Meierowns shares of Apple.John Reevesowns shares of Apple. The Motley Fool owns shares of Apple.Motley Fool newsletter services recommendApple and Nokia. Try any of our Foolish newsletter servicesfree for 30 days. We Fools may not all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.