Despite Apple's stock decline, Andrew Tonner thinks there's still a lot to love about the company. In this video, Andrew points out three specific things he thinks will drive Apple higher in the future.
- The dividend yield is currently 2.5% and will probably grow, given Apple's cash hoard of $137 billion.
- Apple will roll out its iPhone 5S and probably a low-cost iPhone to help penetrate emerging markets.
- It could also release a new product such as the iTV or iWatch this year or in 2014, either of which would stand to deliver substantial earnings.
Apple may be taking its lumps today, but Andrew thinks things could turn around nicely by this time next year. Check out the video for more details.
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.