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+--- Thread: Apple stock price - a buying opportunity? (/showthread.php?tid=4164)
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Apple stock price - a buying opportunity? - h linamen - 02-09-2006
Considering buying another 200 shares. What's your opinion? A current buying opportunity or do you think it is overvalued even now?
Re: Apple stock price - a buying opportunity? - Lux Interior - 02-09-2006
I gave up investing in individual stocks after the internet bubble burst. Just too risky. I just buy QQQQ, SPY & DIA now for my IRA.
AAPL has a P/E of 37 now, which is pretty high. I think it will come down more before going back up.
Re: Apple stock price - a buying opportunity? - OWC Larry - 02-09-2006
long term - it's probably a pretty decent buy - especially when their cash on hand is factored... but I do agree it may yet be a better buy.
Depends on the next quarter report. Apple warned about it as they make the transition this Quarter to some of the intel models + there were a LOT of people who returned iMac G5s to get the 'Twice as Fast' iMac Intel... which isn't, but still....
all that said - Apple did warn - but if the warning comes in true, I'd not be surprised to see some still over react and sell it down. If Apple under performs lower than the warning, that's a real downside... And of course - the alternative of a nother exceptional quarter beating their warned still ok income/rev coming off the holiday season and with the transition - then will be kicking for not having bought.
And can't rule out some next best product/service with huge income potential that would drive buyers on the promise of more big income growth at Apple justifying a higer current P/E.
This is opinion and not based on any crystal ball or more than just my own perceptions of what seems to drive Apple's stock lately.
I do not know - but all of that all said - it does seem kinda low just now and maybe it is a good buy regardless of whether it's going to lower before continuing it's climb.
Re: Apple stock price - a buying opportunity? - SteveO - 02-09-2006
Yes, as Larry said, even if it goes down a little more, long term it is more likely to go up. Plus I'm expecting the Mini to have some ultra cool home entertainment features this year which will create more buzz which tends to drive up the stock. I have several hundred shares. If I had the cash free right now, I'd be buying more. YMMV.
Re: Apple stock price - a buying opportunity? - maco - 02-09-2006
Oh if I would have bought it @ $13
Re: Apple stock price - a buying opportunity? - jeffNOTjon - 02-09-2006
Near long term (1+ yrs) yes, short term, no.
Re: Apple stock price - a buying opportunity? - Sam* - 02-09-2006
I generally think that Apple is a very good buy, long term.
The one thing that feels really riskiy about an Apple investment has to do with Steve Job's role. I wouldn't underestimate the role that the person/vision/personality of Steve Jobs has had in the turn around and huge growth of Apple Computer.
So what happens if The Leader should (phuey, phuey -- that's a Jewish way of keeping the "evil eye" away) be killed in a car accident or by something else?
Apple is certainly more than one person. But his personality has been really big in its success.
Sam*
Re: Apple stock price - a buying opportunity? - SteveO - 02-09-2006
Check it out, dropping even more since this morning! I'd wait a few days, see if it bottoms out some more. What fun!
Re: Apple stock price - a buying opportunity? - hal - 02-09-2006
Just wait till steve announces that he's moving to disney fulltime...
Re: Apple stock price - a buying opportunity? - guitarist - 02-10-2006
"phuey, phuey..." ??
Is that how you spell it?
I beleive it's "fooey, fooey".