Apple stock has taken a drubbing over the past year. In this video, Andrew Tonner offers three reasons he thinks Apple is still a great buy:
- It trades at ridiculously low valuations, particularly given its cash reserves.
- It will probably launch a low-cost iPhone to finally penetrate emerging markets, which has been a weak spot for the company.
- It's likely to roll out either its iWatch or its iTV next year, in a move that should help boost revenue and profit growth.
Andrew argues that positioning yourself in this company at today's low valuations could pay off this time next year.
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.