3 Reasons Apple's Still a Buy Today
Despite Apple's stock decline, Andrew Tonner thinks there's still a lot to love about the company. In this video, Andrew points out three specific things he thinks will drive Apple higher in the future.
- The dividend yield is currently 2.5% and will probably grow, given Apple's cash hoard of $137 billion.
- Apple will roll out its iPhone 5S and probably a low-cost iPhone to help penetrate emerging markets.
- It could also release a new product such as the iTV or iWatch this year or in 2014, either of which would stand to deliver substantial earnings.
Apple may be taking its lumps today, but Andrew thinks things could turn around nicely by this time next year. Check out the video for more details.
There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded, with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.
The article 3 Reasons Apple's Still a Buy Today originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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