This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Apple Comeback Begins Attractively Priced

Stocks in this article: AAPL AMZN HPQ

Over the weekend I was reading the March 18 edition of Fortune magazine. The publication asked 3,800 executives, directors and analysts to choose the 50 best, most-admired companies in the world. Amazon came in third. Guess which company was in first place for the sixth consecutive year?

Yep, Apple!

The magazine wrote about AAPL, " I t seems it will take more than a business moment to put a serious dent in Apple's image, at least in the eyes of its admiring corporate peers."

Investors forget this at their own peril. Apple scored Number 1 in a carefully selected nine-point evaluation of similar companies as well as a general poll of all those who responded to Fortune's Most Admired Survey.

When compared to its peers such as bumbling Hewlett-Packard (HPQ), APPL shines like the top of the Chrysler Building in New York City. Its greatness and reputation are untarnished, absolute brilliance.

There are many reasons to believe in Apple's "persistent potential" including its ability to maintain a low profile while it prepares to surprise both investors and shareholders, just as they've always done. In the past 10 years the company that gave us iTunes, the iPod, five iterations of the incomparable iPhone and three years' worth of the best-selling iPad and Mini iPad is probably working on its next blockbuster product.

When J.D. Power and Associates ranks you as the company that is "Highest in Customer Satisfaction with Consumer Smartphones," you have a lot to live up to.

The much-missed Steve Jobs wanted his company to be "insanely great." In my book it's "sanely successful." With zero debt and, by some estimates, over $130 billion in cash and cash equivalents hoarded around the world (not to mention it pays over a 2% dividend when the 10-year U.S. Treasury bond currently pays 1.91%) it almost pays us to own this dominating luminary.

At the time of publication the author was long AAPL.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.

Most large cap stocks were once small and mid-cap stocks. Bryan Ashenberg is here to help you find the cream of the crop amongst the market chaos.

2 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,580.51 +223.64 1.29%
S&P 500 2,037.11 +24.22 1.20%
NASDAQ 4,706.0550 +61.7430 1.33%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs