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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: BDAZZ who wrote (149096)1/24/2013 2:32:16 PM
From: Keith Feral3 Recommendations  Read Replies (2) | Respond to of 213172
 
God forbid they ever make the stock accessible to the general public. If Apple wanted to turn some heads, they could do a 4 for 1 split, increase the dividend to 3%, and announce a meaningful long term buyback. They said on the CC they were looking to increase the capital return to shareholders beyond $45 billion over the next couple years.

It's nuts looking at QCOM with an 18 PE and a 1.5% yield. That still gives me a lot of confidence that Apple will be back to $650 by the end of the year.

The first run to $650 has finally closed off the gap higher from the $450 level last January. As Apple resurfaces the path higher, Apple's stock will be far less expensive relative to current and future earnings.

It will be exciting once the company commits to more return of capital. Beneath all the sarcasm about this quarter, everyone knows it was a great one.