The Apple of My Eye

 | Jul 21, 2014 | 1:53 PM EDT  | Comments
  • Comment
  • Print Print
  • Print
Stock quotes in this article:




Resilient sucker, no?

Have to believe still that people think nothing's going to happen in Russia that impacts earnings.

I believe there's more to that.

So far I am being too prudent, but I think the market's not factoring that in.

Meanwhile, I am getting a lot of questions about my Apple (AAPL) stance ahead of the quarter. I want to own it. I think the analysts are focused too much on what Apple can or cannot do this quarter and not focused on next year when I suspect that the IBM (IBM) deal will kick in as well as the iPhone 6.

Let me be clear about the IBM deal. It is a mobile-only deal, but I simply do not believe that it stops there. If I get an iPhone at work, I am going to want an iMac, too, or I will buy one.

Important to point out, this is the go-to stock for me on any weakness given its inexpensive price-to-earnings multiple and its good looking 2015 because of the IBM deal and the new phone.

Columnist Conversations

GS has cleared the important hurdle on the way up which increases the odds for an eventual rally towards the 1...
A good quarterly report has sent shares of Calamos Asset Management (CLMS) sharply higher. CLMS was up about ...
Electronics distributor Ingram Micro (IM) reported better than 16% growth in its Q3 sending the stock up about...
Market posting decent day considering Ebola getting headlines again. Believe investors have learned not to pa...



Columnist Tweets


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.