Apple in a Different Light

 | Mar 26, 2014 | 1:49 PM EDT  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:

aapl

,

ibm

,

FB

,

hpq

,

intc

,

msft

Of all of the things that could turn around Apple's (AAPL) stock, the last thing you would ever expect is a rotation into value and away from momentum and products and pizazz.

Apple has struggled to rally for 15 months now as it has dealt with disappointment after disappointment when it comes to both revenue and earnings growth. Income peaked in 2012. Revenue year over year has dramatically slowed.

However, this market has suddenly gotten kind to IBM (IBM), which has no revenue growth. It has warmed to Hewlett-Packard (HPQ), which, obviously, has much less of a technological edge than Apple. Intel (INTC) and Microsoft (MSFT) are valued similarly to Apple, and they don't have any phone business to speak of, and we all know that handhelds are the future.

Plus the company has a terrific dividend and a strong buyback with huge cash flow, again what investors want now.

Oh, and Apple is not making any big acquisitions, which, we know, rightly or wrongly, after Facebook's (FB) purchase of Oculus for $2 billion, is regarded as just plan reckless.

Yep, Apple, a value play. Who would have thunk it? 

Columnist Conversations

The market looks set to open flat after the best one day gains of the year in the S&P 500 and NASDAQ. Boei...
In the "old" days finding good setups was the name of the game. These days the only setup that matters is a di...
Shares of Starbucks (SBUX) have been making a series of lower highs and lower lows for the last three months. ...
Fact: Contrary to what many think, the vast majority of options do not expire worthless. The facts are as foll...

BEST IDEAS

REAL MONEY'S BEST IDEAS

Columnist Tweets

BROKERAGE PARTNERS

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.


TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.