Apple Inc (AAPL)

AAPL (NASDAQ:Consumer Durables) EQUITY
$108.03
neg -0.82
-0.75%
Today's Range: 107.68 - 108.75 | AAPL Avg Daily Volume: 33,236,600
Last Update: 08/24/16 - 4:00 PM EDT
Volume: 23,594,903
YTD Performance: 3.41%
Open: $108.57
Previous Close: $108.85
52 Week Range: $89.47 - $123.82
Oustanding Shares: 5,388,443,000
Market Cap: 584,699,949,930
6-Month Chart
TheStreet Ratings Grade for AAPL
Buy Hold Sell
A+ A A- B+ B B- C+ C C- D+ D D- E+ E E- F
TheStreet Ratings is the source for accurate ratings that you can rely upon to make sound, informed financial decisions. Click here to find out about our methodology.
Analysts Ratings
Historical Rec Current 1 Mo. Ago 2 Mo. Ago 3 Mo. Ago
Strong Buy 23 23 22 21
Moderate Buy 3 3 3 3
Hold 2 4 4 4
Moderate Sell 0 0 0 0
Strong Sell 2 1 1 1
Mean Rec. 1.50 1.48 1.50 1.52
Latest Dividend: 0.57
Latest Dividend Yield: 2.10%
Dividend Ex-Date: 08/04/16
Price Earnings Ratio: 12.63
Price Earnings Comparisons:
AAPL Sector Avg. S&P 500
12.63 12.70 12.90
Price Performance History (%Change):
3 Mo 1 Yr 3 Y
12.88% 2.92% 52.08%
GROWTH 12 Mo 3 Yr CAGR
Revenue 27.90 0.50 0.14
Net Income 35.10 0.30 0.08
EPS 42.90 0.50 0.13
Earnings for AAPL:
EBITDA 82.49B
Revenue 233.72B
Average Earnings Estimates
Qtr (09/16) Qtr (12/16) FY (09/16) FY (09/17)
Average Estimate $1.64 $3.01 $8.26 $8.91
Number of Analysts 13 10 18 18
High Estimate $1.71 $3.29 $8.54 $10.10
Low Estimate $1.57 $2.57 $7.98 $7.64
Prior Year $1.96 $3.28 $9.22 $8.26
Growth Rate (Year over Year) -16.29% -8.17% -10.39% 7.84%
Chart Benchmark
Average Frequency Timeframe
Indicator Chart Scale  
Symbol Comparison Bollinger Bands
The market appears to be at very overbought levels as more negative signs emerge on the charts.
What used to be a kiss of death barely elicits a shrug from the market.

My Takeaways and Observations Real Money Pro($)

The U.S. dollar faltered. The price of crude oil fell another $1 on top of days of losses. No correlation at all with stocks. Gold up $20 to $1,341. A two-week high. Agricultural commodities: wheat flat, corn +4, soybeans +13, oats -1. Lumber -2. Bonds ripped higher, with iShares 20+ Year Treasury Bond ETF (TLT) up $1.90. The yield on the 10-year U.S. note dropped by six basis points to 1.50%. The long bond was 21%. As mentioned earlier the 2s/10s spread dropped to 78 basis points, within three basis points of the lowest spread since 2007. Municipals were well-bid. Closed-end muni bond funds gave up a bit despite the gain in taxables. Junk bonds were higher. Banks continued to rally. I shorted Financial Select Sector SPDR ETF (XLF) near day's end. An awful Deutsche Bank (DB) profit report sent the shares nearly 4% lower. Insurance stocks were hit on higher bond prices. Retail universally was lower after some tentative signs recently of technical improvement. Crude oil's decline hit energy stocks -- another group that appeared to have improved technically. Maybe not so much. Media was mixed. Staples were weak, led by lower guidance at KO. Biotech was up 3%, led by good news from Allergan (AGN) . Ag equipement was mixed. Deere (DE) was lower but my short Caterpillar (CAT) continues its strong climb. (T)FANG featured an earnings-inspired run from FB after the close. In individual names, Apple was higher, Twitter lower and Oaktree Capital Group (OAK) was down nearly 4% in reaction to earnings. which I will get to tonight. Here are some valuable contributions on our site today: Jim "El Capitan" Cramer on four stocks that upset the short community.  Tom Graff on the Fed.  Rev Shark invokes The Happenings. We'll see the Fed in September.  "Big" James Gentile on when good earnings really aren't. Ed Ponsi "Scheme" on the tale of two Apples. 
Stocks remain very unconcerned about rates, despite the odds of a fall increase slightly rising.

The Good, The Bad and The Ugly Real Money Pro($)

Apple (AAPL) . Apple's earnings beat expectations, and I've shorted more of the stock today. Banks. Financials continue to inch higher despite the flattening yield curve (which I addressed yesterday). Bank of America (BAC) , Citigroup (C) and JPMorgan Chase (JPM) are all marginally higher today amid a weak tape. However, I'm not currently playing in the sector. The Nasdaq Composite. With Apple at the index's back, the Nasdaq Composite continues to climb. Gold. The precious metal has successfully approached and tested the $1,300 breakout level. Junk bonds. High-yield continues a multi-month-long rally. The Blackstone/GSO Strategic Credit closed-end fund (B
Does that make these companies good enough to invest in?

Novice Trade: Apple Real Money Pro($)

This Apple call option is a steal at this price.
There is hesitancy to chase, especially with the FOMC rate decision this afternoon.

From The Street of Dreams Real Money Pro($)

Raymond James has upgraded AAPL to Outperform. Mizuho reiterated its "Buy" rating and $120-a-share price target for the stock. The firm noted that Apple reported i

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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.


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