I find it interesting to see Apple being held by more clubs
this week than last week. My SSG shows it to be deep into
the "hold" range. Am I alone in this valuation?
Roy Chastain on
Ernest, If I look at my July 5, 2011 SSG (un-updated), then yes, AAPL at the current price is well within the Hold range. But, updating the information to reflect the growth in EPS, (doing a new SSG), then No, AAPL is still a Buy.
I did run another SSG using extremely low numbers (growth of 12 & 20/10 for P/Es), and AAPL came in as a Hold - barely (with $517 as the top of the Buy). With today's pessimism in the market, it is possible AAPL could conceivably hit that mark. Huge buying, IMO. But, nowhere do I come away with a "deep" Hold if I use updated financial information.
Roy
Chastain
"Little by little, I am learning the art of being quite content with doing very little slowly."
Lionel Hardcastle in "As Time Goes By"
--- On Tue, 3/6/12, Ernest Moosa
<ejmoosa@yahoo.com> wrote:
I find it interesting to see Apple being held by more clubs this week than last week. My SSG shows it to be deep into the "hold" range. Am I alone in this valuation?