Apple, Inc. (NASDAQ:AAPL)
CAPS Rating:
From iPods to iPhones to MacBooks, Apple uses its “think different” approach to reframe computing, communication, and more.
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From iPods to iPhones to MacBooks, Apple uses its “think different” approach to reframe computing, communication, and more.
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P/E of 10 is near the bottom of its historical range. With so much cash there are many options to increase sharehoder value and a dividend around 2.5% this can easily get doubled putting a solid floor on the downside. I wouldn't expect a double on AAPL as it is a megacap company but 20-30% return is in reason.