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No Tablet War: Apple Stock Will Soar in 2014

NEW YORK (TheStreet) -- Buy an iPad Air. Use it for a week. You'll walk away with renewed confidence in Apple (AAPL - Get Report) and Timothy D. Cook.

Not only can the company produce a holiday tear with the best of them ...

It can still bring product.

Must Read: [video] Quick Take: Stocks Show No Sign of Selloff After Fed Taper

To that end, a Real Money article by Eric Jackson of TheStreet speaks to what I convey here. (Jackson's insights alone make a Real Money subscription more than worth the nominal cost).

In any event, Jackson argues that for AAPL to reach $700 in 2014, it needs to not only execute its anticipated product pipeline but ...

come up with some exciting new product that suddenly is a "must have" product for all Apple users. I can't say what such a product will be but I'm sure that Apple is capable of creating it. If they could come up with another iPad-like revenue stream from nothing, Wall Street would once again come rushing from the sidelines to own this stock.

That's a logical point of view. In fact, it's one I shared for a quite a while. To a certain extent, I still do. My Dec. 9, 2013, article, Apple Will Disrupt and Destroy When It's Ready, fleshes out my thinking along those lines.

But I think one thing Jackson is missing as a major catalyst for AAPL stock in 2014 is the forthcoming holiday quarter (this October-November-December) conference call to be held in late January. On that call, Apple will, once again -- though definitively this time -- separate men from boys. We will see that iPad, particularly iPad Mini w/ Retina Display and iPad Air, ruled the holiday season.

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SYM TRADE IT LAST %CHG
AAPL $113.29 0.00%
GOOG $630.38 0.00%
HPQ $28.03 0.00%
MSFT $43.93 0.00%
FB $91.01 0.00%

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Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

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