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.