Apple Stock: It’s Time To Go Long, Not Short
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
- Shorting Apple is fraught with risks.
- Tim Cook likes to do share buybacks whenever there is weakness in Apple’s stock price.
- Investors should not focus too much on the iPhone business. Apple has other future products that will let it grow beyond its current iPhone-heavy revenue stream.
- Apple is cheap compared to its Consumer Goods Sector peers.
- I Know First Algorithmic forecast for AAPL is still bullish.