Originally posted by Duniyo
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Apple looks good!
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River I say $700 over time ......as Christmas approaches and Apple rolls out their new Tablet ..........Looooooook Out the sheep will flood in to the Apple stores hungry for their latest product! I don't have an Apple product except an I-Pod , but go to any Starbucks ,,,,,,people all round pull out those sleek "Prestigious" Apple computers, while sipping on their 5 Dollar Lattes!
Now Dunkin Donuts is another story . I feel their coffee is better than Starbucks, but what you see their are older people scratching off lottery tickets, and younger folks wearing their caps on backwards with Tattoos on their necks, and not a Apple computer in sight LOL!
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APPLE GOING TO "DOUBLE" FROM HERE!
Folks one pundit on the web says the following "With a market cap of $450 BILLION Apple has an earnings per share (EPS) growth rate over the past 3 years of 52%, meaning roughly profits could DOUBLE in about 18 months. If the stock simply simply traded at its current Price/Earnings P/E multiple of 12, which is a 20% discount from the overall market , that alone could justify a 100% gain for the stock , getting you to $980 per share. But if the P/E matched the market's rate of 15, Apple could trade even higher , perhaps as high as $1,175 per share!"
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