AAPL, they are finally figuring out what I knew for years

AAPL is worth at least $600 per share, best value blue chip in the S&P. It's a market-dominating company with no debt, large net cash, strong earnings growth, selling at a PEG of about 0.5. Bargains like that come along once every few years, back up the truck and ignore short-term fluctuations.
 
Quote from Ghost of Cutten:

Thanks. AAPL up 9.5% since I made the post, vs -16.2% for SPY, an outperformance of 25.7% over 4 1/2 months.

Worth at least 600 bux huh.
 
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