Posts At Eventide AAPL Price Target: $590 Per Share

  • Posted: 14 June 2011 01:28 AM #31

    blaze biscuits - 14 June 2011 01:57 AM
    Mercel - 13 June 2011 04:32 AM
    DawnTreader - 13 June 2011 04:26 AM

    Notice how closely AMZN and NFLX are to consensus target prices versus Apple. Again, in these two equities retail sentiment is a big factor.

    Which makes my point that AMZN and NFLX price targets are nearly realized—where is the additional upside that makes it worth holding these stocks for a year?  Not to mention the fact that the rarefied P/E ratios have more downside than upside.

    agreed.. 

    although I love amazon as a company..  you have to be very careful with purchasing/trading it.. 

    Apple is the single best investment that I see for the rest of this year and 2013.  Granted I don’t know much..  but it IS what I see.

    Patience and fortitude will be rewarded.

         
  • Posted: 27 June 2011 11:45 PM #32

    Mercel - 13 June 2011 11:04 AM

    Does this make you feel any better, owning a stock with a coiled spring? 

    Jeff updated the coiled spring graphic from my recent post titled AAPL: The Coiled Spring.

         
  • Posted: 02 July 2011 05:18 AM #33

    Apple closed today at $343.26. Reaching my 12-month price target of $590 per share would represent about a 72% gain from today’s closing price and below the anticipated eps growth rates in the June and September quarters.

    Believe me know?

         
  • Posted: 02 July 2011 03:02 PM #34

    Mr. Robert- Many times I have reread your article when discouraged w/AAPL’s price action last several months. Thanx for helping me “hang in there,” along w/ all the rest of the extraordinary talent here.