what to buy?

Is it worth to buy APPLE INC now? Since it goes so high!

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Added on March 20, 2012, 10:59 pmIs it worth to buy APPLE INC now? Since it goes so high!

JESSE LIVERMORE SAYS BUY HIGH, SELL HIGHER 
but dog jones at this level still no minor pullback yet
earnings season is next month & expect not much movement until earnings begin 
expecting superb earnings, otherwise, longkang lo for my gambling time with call options

Wed: 21-03-2012 (Neutral) G@P +2.92 ▼ / PiT +77% ▲ News

Seems that Market is not holding longer, corrections?! What do you see?

http://testmarketidea.blogspot.com

Thanks for the suggestion! Besides BAC, any other stock consider lower price which can enter?

Is it blue chip company suitable for long term investment?

AAPL has a strong earnings and it is still undervalued by earnings. Not to factor in the future growth rate. With Iphone 5 and Apple TV launching soon i can see the only way for this stock is up up up. Initially I have a modest target price of AAPL at $720 and I think if there is a nice bull run towards end of the year, there is a possibility of AAPL hitting four digit.

There is this mentality that we should buy cheap shares so that the % of return will be greater. How wrong is this. Say if i split AAPL shares 1 : 100 and it is now worth $6.72 Does it looks attractive to you? It should be the same. The Value of the company stays the same, it is just that the number of outstanding shares increased.

Speaking about BAC. I believe it is highly undervalued based on their assets as well. They are trading at a Price to book ratio of 0.48 and a price to tangible book value of 0.72 But does this stock warrant a buy? not at the current price as BAc is struggling with earnings. BAC will need to perform outstandingly if they were to hit the analyst estimate of EPS $0.69 per share. Given if they made it, multiply this with the industry average PE ratio of 10. You will only get $6.90 per share. This doesnt look a bargain at the current price. However I believe Moynihan is doing a good job up there and a turnaround plan is in place. It is going to take 4-5 years at least for BAC to get things back on tract. That is barring any economic crisis. Not to mention, BAC is very sensitive on the Euro Crisis, any negative news will send the share price down to $ 6 - 7 price range. However, if you are in for the long term(4 - 5 years), this could be a value buy.

I am long AAPL since $550 and I did miss part of the rally when I switch my entire portfolio to BAC when AAPL was at $585(The day the new Ipad was launched). Now I am back to AAPL and am betting big(6 digit figure in RM) on their options. Let us revisit this thread end of the year and see what happens.

You have no numbers to justify and you say BAC will shoot up to $15 for no reason?? Do you know what is the EPS for BAC? I have no problem if you have a different view, but how do you justify this?

What is the problem to be obsessed with a SINGLE COUNTER? If you know this company inside out, you will be better off investing in a single company as you know when to take profit and when there is still potential upside. Unless you have a billion dollar then diversification will work for you.

Warren Buffett made most of his money from just a few companies, in fact a few trades. He is a strong proponent of a concentrate portfolio. Taking one of his quotation "Diversification is protection against ignorance". His right hand man, CHarlie Munger said “Wide diversification, which necessarily includes investment in mediocre businesses, only guarantees ordinary results”

If you are so afraid and want to diversify your portfolio, you might as well invest in an index fund to ensure you get exactly the same return on the index. That will be the same as investing in all the counters! Good diversification strategy?

I will be glad to invest in a company that has a high% of institutional holding, in fact this is one of my investment criteria as it will provide support for the stock price. If the share price is being pushed up due to the fundamental of the stock, strong future earnings and low PE ratio, I do not see a problem. In fact I would be happy seeing the stock price rising.

Some of you have been debating about Apple. I found this piece of new...

BITG Research's Walter Piecyk cut his rating of AAPL stock from "buy" to "neutral" in a note to investors on Monday, saying that telecoms are growing weary of paying high subsidies for the iPhone with returns that don't match Apple's high margins from the handset.

Analyst cuts AAPL rating on iPhone subsidy backlash

Last week - No QE -----> drop like flies

Yesterday - 'Maybe' got QE ------> rally like dog

Who needs Fundamental and Technical Analysis   

Those FED people making me       

I'm holding SHORTs from last week all the way.. this market going to drop like flies!
Yeah! 

Like to see AAPL drop back BELOW $500. Yeah, that's my price to load up my lorry!

Anyone into a China Internet stocks here?
DANG, YOKU, RENREN?

zaman, which platform are u using.. what's the brokerage like?

hey zaman, I know you got trade on MU, what do you think about STM?

INTC down after hours

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Added on April 18, 2012, 6:26 pmBtw, anyone knows any platform that can trade pre market and after hours??

Also any way to buy an IPO? Am considering facebook IPO but depending on the price.

Goldman Sache's target price for AAPL - $750 

AAPL: Goldman Raises FYQ2 View on iPhone, iPad; Ups Target to $750

I-tv
I think they want link all their technology phone to tv to laptop to tablet.
Some of the people buy it simply because of "fan" based consumer spending.
What they trying to do is what microsoft had done, try to lock their user with all the familiarity of apple software/ mac etc...

Just my nooby opinion.

Not necessary. Look at Amazon, their PE is 139.39 and this has continue for years so I believe their PE is sustainable. the investors has confident that amaon will make future profits to justify it. But this is one stock i would not touch.

Examples you gave HP, sony, Nokia and RIMM are all making losses or their revenue has been shrinking. Therefore their PE justify their position.

AAPL is the only company that has revenue and earnig growth over 60% YOY. Yet is trading at such a low PE. In fact their forward PE is less than 12.

The only concern of the investors is whether AAPL can continue this exponential growth since they are gettting so big.They hit 600B cap two weeks ago when the share price hit 640, the first time since microsoft has a 600 B valuation during the dot com bubble.

AAPL is trading at 587.44 yesterday. grab it while you can. It wont be at that level for long. Quote an analyst, AAPL at 580 is like Christmas in April!

You can never predict the bottom, AAPL can drop further depending on the broad market sentiment but if you are in for the long term this is a very tempting price.

I maintain that AAPL intrinsic value is higher than the price traded at the moment and it is just a matter of time when the market realised this value. The market just could not go through the psychological barrier of paying USD570 for one stock.

I am very confident going into earnings day on Tuesday that AAPL will beat market expectations.

Instead of coming here blowing hot air everytime when AAPL takes a dip and go into hiding when AAPL rise in value, why dont you short some AAPL?  that would lend some credibility to your allegations against AAPL.

I think you learn something which is called relative return instead of looking at the absolute return. Why $3000 and not $4000 or $5000? To make things simple let's just say we need to look at the Return in terms of percentage.

come on zamans98, heat up this fight with short or puts option. the market, cake & apple is on your side

http://www.bloomberg.com/markets/stocks/futures/ since many news will be out in this few weeks