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

While there a group of stocks that are the largest creators of news and headlines, one company gets fewer head...
After markets meet extensions of prior swings on the upside they are vulnerable to a deeper downside correctio...
Markets stage nice sell-off to begin trading week as S&P 500 2,000 continues to proves to be tough level t...
It's like somebody yelled fire in all three at the same time.

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.