4 ms·
So who would buy apple stock at current prices and hold for the next ten years? Outside of Apple as a foundational company - current valuations, would anyone b
by boringg 5y ago
So who would buy apple stock at current prices and hold for the next ten years?
Outside of Apple as a foundational company - current valuations, would anyone buy and hold?
- lindig 5y agoThe valuation of Apple on a P/E basis is attractive and constant stock buybacks make it a safe bet. At the current scale you can’t expect startup-level growth but it is still attractive as a stock. Likewise, look at the valuation per customer; it is around $1500, which is attractive, too.
- jjtheblunt 5y agoAnyone in it for dividends
- mikestew 5y agoWith a dividend yield of 0.59%, one would be better off buying bonds. AAPL's dividend, much like MSFT's before it, was to shut up those shareholders whining about how much cash the company holds. "You want a dividend? Fine, here's 22 cents/share on a $150 stock; don't spend it all in one place." But dividends are taxable when paid. Share buybacks aren't, it's just capital appreciation that's taxed when sold. So nobody's in it for the dividends to begin with.
- reducesuffering 5y agoThey're already the largest holding in a diversified US index. IMO not cheap enough to merit further concentrating.