Have investors given up on Apple? Andrew Tonner thinks so, and in this video, he describes three reasons you should buy in.
- A 2.2% dividend that's likely to increase, given Apple's $137 billion in cash.
- The stock's low valuation relative to earnings and enterprise value, thus limiting Apple's downside risk.
- A product pipeline that has the potential to deliver disruptive technologies, along with higher earnings in both the near and long term.
Apple is down 30% from its highs, but Andrew says giving up on the company now may prove to be a mistake.
Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't 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.