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4 Reasons Sacconaghi Is Even More Bullish On Apple
Tuesday, March 21, 2017 - 11:06am | 348Apple Inc.'s (NASDAQ: AAPL) hot performance in 2017 still has legs, at least according to Bernstein's Toni Sacconaghi. In a research report Tuesday, Sacconaghi maintained an Outperform rating on Apple's stock with a price target boosted to $160 from $140. The analyst highlighted the...
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BGC Cuts Apple To $85: 'The Muse That Drove Apple Has Gone Somewhere Else'
Monday, July 25, 2016 - 1:00pm | 512Here's an interesting Haiku courtesy of Colin Gillis if BGC: "It has become clear, that the muse that drove Apple Inc. (NASDAQ: AAPL), has gone somewhere else." In other words, Gillis downgraded Apple's stock to Sell from Hold with a price target slashed to $85 from a previous...
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Cramer Agrees With Sacconaghi's $1 Trillion Apple Valuation
Wednesday, May 18, 2016 - 12:36pm | 312Jim Cramer said earlier this week that investors and Wall Street analysts have developed a love-hate relationship with Apple Inc. (NASDAQ: AAPL). Specifically, Cramer called out Bernstein's Toni Sacconaghi who maintained an Outperform rating on Apple's stock but the language and tone he...
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How Much Trouble Is Apple In?
Friday, May 13, 2016 - 9:45am | 284It wasn't supposed to play out this way. Wall Street analysts were once calling for Apple Inc. (NASDAQ: AAPL)'s valuation to top $1 trillion. As of Thursday's market close, shares of Apple need to nearly double to reach this lofty valuation. Is Apple In Trouble? According to CNBC's Phil Han, Apple...
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Biggest Company In The World: Apple And Alphabet Battle For Most Valuable Title
Friday, May 13, 2016 - 9:03am | 183Apple Inc. (NASDAQ: AAPL) and Alphabet Inc (NASDAQ: GOOG) are engaged in an unofficial battle for the title of most valuable company based on market capitalization. Based on Thursday's closing price, Alphabet's market cap stood at $489.55 billion compared to Apple's $489.9 billion....
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Udall: Apple's Cash Flow Undervaluation Is 'F'ing Absurd'
Friday, January 8, 2016 - 10:40am | 230Apple Inc. (NASDAQ: AAPL)'s stock is undervalued based on its cash position, Sean Udall, a tech stock expert recently argued. But just how undervalued is Apple's stock? According to Udall, it is "f'ing absurd." Udall noted the only factor that really matters when evaluating a company from a...
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Apple Is The Second Cheapest Mega-Cap On A Free Cash Flow Basis
Wednesday, January 6, 2016 - 4:44pm | 360Apple Inc. (NASDAQ: AAPL) shares continue to fall despite a gargantuan cash balance of more than $200 billion, the largest in the world. In mid-2013, that figure was near $160 billion and it shows no sign of stopping -- unless Apple buys GoPro Inc (NASDAQ: GPRO) or another high-flying tech...
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Valuing Apple With Monte Carlo Simulations
Monday, April 27, 2015 - 10:07am | 896Technology company Apple Inc. (NASDAQ: AAPL) looks to build on strong Q1 FY15 results by riding strong iPhone and App Store sales and rolling out new products including Apple Watch. Apple's outlook is bright, but valuation models indicate that the current price already reflects these upsides...