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03-06-2013, 03:48 AM #1
AAPL is the Most Undervalued Stock According to Goldman Sachs
As shares of Apple stock recently hit a 52-week low, analysts at Goldman Sachs remain very optimistic about the company’s fortunes. One of the analysts even went as far as saying AAPL is the most undervalued stock the firm covers.
According to Goldman Sachs analyst, Bill Shope, AAPL is still rated as a “Buy” despite the cautious outlook that other analysts are providing. Shope continues to stick with a $660 price target on the stock. Another analyst at Goldman Sachs, David Kostin, recently published a list of the Goldman-covered stocks with the most upside opportunity, with Apple being on the top of the list with a 49.5% potential upside.
Furthermore, Goldman aren’t the only ones with a positive outlook on Apple. The Berkshire Hathaway chief and respected investor Warren Buffet recently said that Apple should use its cash pile to buy back more of its stock. Such a move would be like buying dollar bills for 80 cents according to him.
Source: BusinessInsider via AppleInsider
03-06-2013, 10:00 AM #2
If I knew anything about stocks. I would buy. Shoot, I don't even know how to buy lol. I should prolly stay away from that lol.
03-06-2013, 10:40 AM #3
Just sold all my AAPL. Should have sold it sooner, been going down the drain for months. I just hope it goes back up.
03-06-2013, 11:22 AM #4
03-06-2013, 11:23 AM #5
Yeah, I would stay away. People always tell me, you should have your money working for you. I’ve decided I’ll do the work. I’m gonna let the money relax. You know what I mean? ‘Cause you send your money out there – working for you – a lot of times, it gets fired. You go back there, “What happened? I had my money. It was here, it was working for me.” “Yeah, I remember your money. Showing up late. Taking time off. We had to let him go".
03-06-2013, 12:07 PM #6
Yeah, of course they say it is under-valued. But would you trust them ? I won't .. Do they know the future ?
03-06-2013, 12:22 PM #7
Put your money in there and let it sit (relax), don't bother checking up on it only notice when it gets "fired".
Letting your money work for you is to move it around more often on a shorter term investment than just let it sit, see profit and leave to something else.
03-06-2013, 01:10 PM #8
When people say "put your money to work for you" they usually mean invest and it'll grow. They usually mention the risk, but not too loudly.
What you're describing is at the very least a part time job day trading. That's not really "putting your money to work for you" that's more using your money as a second job. And even if you make all the right moves it can still all go down the drain.
03-06-2013, 10:07 PM #9
Honestly apple isn't going anywhere lower. They've just became universal they won't get any huge jumps but they won't get any huge falls, they are to far into the game and own way to much of people's digital investments that people will switch its only becoming more universal it can't stop.