June 14, 2012
The following video is part of our "Motley Fool Conversations" series, in which consumer goods editor and analyst Austin Smith discusses topics across the investing world. In today's edition, Austin tells investors why they should stop their hand-wringing and just buy Apple already. Fears about it being able to continue growth after becoming the world's largest publicly traded company are unfounded. Remember, Apple was launched into the stratosphere on rocket-fueled iPhone and iPad sales, not some slow-plodding climb. Yet the company continues to be priced for ho-hum growth in the future. Its forward P/E is less than the S&P 500, and about 20% of its market cap is cold-hard cash. Add into the mix growth catalysts like the iPhone 5, Apple TV, and the Chinese market, and you've got a dirt cheap company with a mountain of cash that's just getting started.
To really understand the magnitude of Apple's growth, investors need to see the larger market they're profiting from. Our top analysts have called it "The Next Trillion-Dollar Revolution." And you can not only read about it, but uncover the hidden mobile-chip play that could make you rich. The best part is that this company isn't tethered to the success or failure of any one product. The report is totally free and you can read more here.