This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

No Tablet War: Apple Stock Will Soar in 2014

Stocks in this article: AAPL MSFT GOOG HPQ

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.

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.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,191.37 -195.84 -1.13%
S&P 500 2,002.16 -27.39 -1.35%
NASDAQ 4,637.9940 -43.5030 -0.93%

Partners Compare Online Brokers

Free Reports

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