500 has been breached. So now what?
Stay long.If your patient. You will be rewarded over the long haul.
This stock has 25-30% upside in it's future over the next 12-18 months. Stay the course. The stock is getting pounded by the weak sellers now. If your long term you should not stray and get emotional.
IF your trying to trade this thing....I can not advise on that.
Earnings next week and a full 11 months of some new product roll out, earnings etc etc etc.
Apple is officially a value stock (has been for a year and half already in reality) I am sure the dividend will be increased and over the next 2 years you could see a split.
Nothing not to like about this company.
Again people are getting emotional, bailing out, taking long term profits so many headwinds short term.
A good earnings reprot and solid guidence can launch this stock 60-70 points in a day and give it a nice catalyst. A couple of new products (Apple TV for example) can get people excited again too about the innovation of Apple.
I am long, bullish and patient. If you bought in the mid 500's of mid 600's.....you must be patient and stop worrying day to day. You will drive yourself crazy.
Nothing?? You sure about that? Jobs did a fantastic job of showing everyone where Apple's going. Have we been thrown the slightest bone as to where they go, what they want to accomplish after they finish implementing what was left of Jobs' vision? I began to get out slowly soon after Jobs' passing for this very reason. I could afford to since my buy in levels were when the stock was double digits. I've done very well with the company from an investment perspective, but this isn't the same company it was under Jobs and there's nothing to suggest that it is.I'm not talking about the stock from a purely financial standpoint. You can run it through just about any algorithm you want and it will show as perfectly fine for now. I'm not greedy though. I've made good money on them and what I see doesn't give me confidence that in the future it's going to continue. I'll be happy to come back in here and admit I was wrong, but I don't think I am based on this company's history.
I don't run algorhtyms. I am a fundamental value investor. Not a techical trader.The company will be unvieling their direction over the course of this year and next.
Again too much noise pollution. People want everything now. We live in a high speed society.
Like you I have made a cool bundle in this stock as well. But there is still again plenty of runway left for this company GLOBALLY.
They will adapt, adjust and move forward. That is a huge "x" factor. Yes Jobs was a visionary and I don't think he would have hand picked Tim Cook if he did not have the utmost confidence that he can continue to cultivate the Apple vision that Jobs did so well. They still have some of the best brains in the biz.
Stocks don't move in one direction. This is a bump in the road and it may last a quarter or two but again emphazize a long term perspective.
Too many are just thinking one month ahead...not years.
So let's talk about fundamentals. You say that there is plenty of runway left for the company globally. How do you think Apple will reverse its market share decline globally? Will they create a cheaper iPhone and do so without damaging their advantage in margins?
No I don't. There are 3 new US economys being created every 10 years overseas. Apple is a luxery brand in the tech space and I feel will maintain that stance. They will have lower cost versions of high end products but I don't feel they will get "cheap". Their market will continue to expand as other countries and economies mature and expand far more rapidly than the United States.Over the next 20 years you will see 25-30 trillion dollars spent on bulding out what I would dub the "Global Village" and with that will come a entire new mass affluent consumer lining up around the corner to purchase Apples first class tech/TV/Phones, I-Pads, wearable computers....the runway is huge.
People are being extremly short sighted on the massive long term big picture. Confidence may be waining here on the stock in our country.....but over the long term as long as Apple keeps this level of innovation they should succeed and grow.
So the questions being asked today are...can they innovate? Can they keep up this growth trend?
I think the answer in somewhere in the middle so long term.....this stock is cheap. Short term......yeah it can get cheaper before the rise comes again. It needs strong fundamental facts to light the fuse again and regain investor confidence.
It starts next week. And it may not happen. That is being priced into the shares each day.
So for a long term, patient investor who has never owned this company?
Buy and hold as part of a well diversified portfolio.
The dividend growth and a modest 15% annual growth rate alone will pay off over the next decade.
We are talking about a company expected to grow around 25% annually right now with an increasing dividend around the corner and some new innovative products.
I would not bet against Apple.