What would be a good buying position for this company? Is it really worth around 675/share, or is it going to go back to like 570
It would sure be great if anyone here could answer that question definitively. Unfortunately, we don't get the stock charts in advance.
At 675 a share, AAPL is still sitting at a P/E ratio of less than 16, for the trailing twelve months, and at around 12 for the year ahead, according to estimates. So that isn't really a high valuation for a company with this kind of growth.
I doubt that we'll see prices in the 500s anytime soon, but I could be wrong. A pullback from the present area wouldn't be too surprising at this point, but I couldn't say how far. I think the iPhone 5 launch is already priced in, and so, to some extent is the iPad mini announcement.
The TV is still a long shot.
Another question is how long would you expect to remain invested. |
