Wednesday, December 5, 2018

New position: Apple Inc.

I have iniated a position in Apple (NASDAQ: AAPL) recently.

The stock has definitely trasformed from growth stock to a value stock and at the current level (closed in Dec 4th at $176.69) should in my mind offer a good entry point for a long term investor.

Apple has the kind of products, services, brand and pricing power that most other companies can only dream about. That pretty much sums up the "why" of the investment along with the price tag.

In terms of current valuation & financials we are looking at

  • Forward Price per earnings est. 12,0
  • Price per free cash flow 16,7
  • Return on Equity 48,7%
  • Cash per share $13,90
  • Dividend yield est. 1,65%
  • Long term debt / Equity 0,87
  • Quick and current ratios both at 1,1
All above based on data extracted on Dec 5th 2018 from Finwiz.

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