With Apple (NASDAQ:AAPL) coming down big from its highs, many investors have been caught off guard, while others are claiming that it was destined to happen all along.
However, the growth story for Apple is still just as compelling as it ever was, and at these prices, it's an even more compelling investment. The company trades for a more conservative valuation than a broad index like the Dow Jones Industrial Average (DJINDICES:^DJI), but continues to grow like gangbusters.
Put simply, when you can get growth like this that stomps the broad indexes of the world, and trades at a more affordable valuation, Apple is too cheap to ignore.
Austin Smith owns shares of Apple. The Motley Fool owns shares of Apple and Microsoft. Motley Fool newsletter services recommend Apple and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.