stockchase picture

Compiling comments that experts make about stocks while on public TV.


Opinion for Apple (AAPL-Q)

Signal Price Bias Subject Owned

Has been surprised at the magnitude of the drop in price. This was a positive high momentum company on the upside and has flipped around to a negative momentum. Fundamentally, not a lot has changed. By the end of their fiscal year, he thinks they will have about $175 a share in cash. Trading at about 5.5X ex-cash. Extremely cheap but right now the market is not carrying about fundamentals.

Gordon Reid
President and CEO, GoodReid Investment Counsel

No Comments.

You must be logged in to comment.