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

To: Moonray who wrote (165398)	2/5/2014 11:05:24 AM
From: Ryan Bartholomew	Read Replies (1) \| Respond to of 213181

Apple Is A Steal Even At $700Michael Nielsen - Feb. 5, 2014 7:49 AM ET Long/short equity, special situations, momentum, contrarianPotential Trade: Buy Apple Inc. (NASDAQ: AAPL) around $500 \| Stop-loss: $450\| Target: $780 Why do these guys always focus on how the share price can appreciate without focusing upon what makes share price appreciate: profit growth. What is he assuming Apple will earn in the coming year? The next? If they can grow earnings to $45, then $50, and so on, then $600 or even approaching $700 looks possible. But he doesn't address the very real probability that their earnings will contract. If that happens, $500 is very expensive.