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Technology Stocks : Apple Inc.

AAPL 274.59

+0.2%

3:05 PM EST

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To: Ryan Bartholomew who wrote (168752)	4/23/2014 5:33:51 PM
From: slacker711	6 Recommendations Recommended By 16yearcycle CHRIS LINELL JP Sullivan Moonray Road Walker and 1 more member Read Replies (3) of 213176

And I stand by that. I'm not talking about quarterly fluctuations, but real YoY growth. If they reach $50/share (current shares) profits in the coming year, and continue to grow profits at even a modest clip beyond that, than they were hugely underpriced at $520 in hindsight. If you are convinced that profits will do as described, I suggest you buy every share you can get your hands on! Moving goalposts again. You said that they were "insanely undervalued" if they could achieve $43 and increase earnings going forward. Message 29369883 If you're correct and $43/share holds, and if the profit growth continues for the next several years, then AAPL is the most insanely undervalued stock I can think of right now. The rest of your post keeps using the word "substantial" profit growth. That isnt needed, and never has been at these valuations. Stable earnings from the current product lineup allows new products with smaller TAM's to produce at least some earnings growth. Couple that with share buybacks and the stock will do well. Slacker

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