NEW YORK (TheStreet) -- There's been a tug-of-war with shares of Apple
(AAPL) in 2014. At $529, it is down nearly 6% for the year to date while up over 30% for the past 52 weeks.
Still, Apple's stock has lost some of its luster and the company is no longer the most talked about name in finance. That focus has shifted to Alibaba, social media stocks and whatever is the hot topic of the week.
So what's wrong with Apple? It has one of the strongest balance sheets in the world, industry-leading margins and substantial market share, yet the stock still trades at a discount to the broader market.
Consider the valuation of the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 compared to Apple:
Surprisingly, Apple still grew sales 9.25% in fiscal 2013 and expectations are for the company to grow revenue 5.8% in the current fiscal year.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts