Can Investors Expect a 50% Gain From Apple This Year?
Feb 6th 2013 7:30PM
Updated Feb 6th 2013 9:01PM
In the following video, Motley Fool tech and telecom analyst Andrew Tonner discusses famed investor Bill Miller's recent statement that Apple is worth 50% more than where it currently sits at $450. He compares the brand with Nike, saying that it's an incredibly valuable brand with high consumer loyalty. Andrew tells investors why he sees that assessment as right on the money, and that with Apple's powerhouse profitability, its sticky ecosystem, and some potential share price catalysts coming up in the months ahead, it's a raging buy at its current rock-bottom valuation.
There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded, with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple and what opportunities are left for the company (and, more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.
The article Can Investors Expect a 50% Gain From Apple This Year? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool recommends and owns shares of Apple. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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