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.
There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded, with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple and what opportunities are left for the company (and your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.