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
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Showing resilience during a tough week was a group of stocks that has not been heard from much in the past two years. A group that has been ...
-
Anxiety over the European debt crisis and distrust in the markets drove volatility in global stock markets to dizzying heights in 2011. The ...
-
In bull markets, dividends become more or less irrelevant. When the Dow Jones Industrial Average traded above 14,000 in 2007, very few stoc...
-
There have been a lot of business cycles over the past five decades, ups and downs through which it takes astute leadership to survive and t...
-
Whether you are looking to supplement your income or looking to build wealth over very long periods of time, dividend stocks that can reliab...
-
This BDC remains a "Strong Buy". It has a diversified investment portfolio with considerable NII-upside. Shares sell for a premium...
-
A safe yield and solid growth prospects are a must for any investor in real estate investment trusts -- and this company not only has these ...
-
The S&P 500 might be on one of its strongest bull runs ever, but there are several solid dividend stocks out there that haven't quit...
-
Dividend payers have long had a reputation as stodgy companies that can pay a reliable income but whose stocks don't move too fast. Here...
-
These stocks need to achieve the right balance between dividend payment and the re-investment of profits. This ensures that the dividend is ...
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