If I could only buy one stock right now, then there are a few boxes that stock needs to check. I'd like the holding to be relatively safe in a tumultuous time but still look likely to generate modest short-term growth, while having the potential for exceptional long-term growth. I also want the stock to have a robust balance sheet and be relatively cheap in this expensive market -- and is a little dividend too much to ask? For all of that, look no further than...
Apple's (NASDAQ:AAPL) finances are massive in almost every way, with sales in the fiscal Q4 ended Sept. 24 of $47 billion. Sales and earnings actually slowed during the during quarter, down 9% and 19%, respectively, but the company has guided for a return to sales growth in fiscal Q1. In terms of valuation, Apple still looks cheap. Even though the stock is up 20% over the past six months, it's still trading at just 14 times earnings. Compare that with around 25 times earnings on average for the S&P 500, Google at 30, and Amazon at 185. Also, Apple stock has run up quickly lately, but it's still down from its high of around $135 in mid-2015, so its recent run doesn't look unreasonable. Apple stock also pays a 2% dividend yield, which could very well rise as Apple deploys more of its huge cash load in 2017.
Source: Motley Fool
Related Articles:
- 3 Powerful Concepts for Compounding Wealth with Dividend Stocks
- Why We Are Dividend Growth Investors
- 5 Higher Yielding, Lower Risk Stocks To Perk Up Your Dividend Income
- 6 Dividend Growth Stocks With Very Little Debt
- 4 Secrets To Finding The Best Dividend Stocks
If I Could Buy Only 1 Stock, This Would Be It
Posted by D4L | Monday, February 13, 2017 | ArticleLinks | 1 comments »________________________________________________________________
Subscribe to:
Post Comments (Atom)
~
Popular Posts Last 30 Days
-
As a relatively new blogger, the one thing that has stood out in my mind is the number of Canadian bloggers in the areas that I am most inte...
-
Dividends and diversification -- those two things can help you achieve a comfortable retirement when combined with the income you will recei...
-
The best dividend stocks have one thing in common: resiliency. They can continue increasing their dividends even in the harshest economic en...
-
Investors wanting to enjoy steady and consistent income should consider dividend aristocrats. In fact, even in these chaotic times, dividend...
-
A good dividend stock has more than a high yield. Dividends need to be supported by cash flow, and cash flow depends on the long-term streng...
-
When looking for dividend stocks to invest in, it is advisable to choose companies that have strong dividend histories and stable balance sh...
-
When hunting for discounted investments, one excellent starting point is to look for businesses with dividend yields trading above their fiv...
-
Higher dividend yields often imply that the underlying company paying the dividend has a higher risk profile. However, that's not always...
-
It's hard to beat a sustainable, high-yield dividend paired with a beaten-down valuation. The best dividend stocks offer high yields and...
-
Strange but true: seniors fear death less than running out of money in retirement. And unfortunately, even retirees who have built a nest eg...
I can see AAPL trading higher as it seems to be converting more towards a service, toll booth style of operation than a hardware manufacturer