There are those companies that boast about how the sky is the limit and there are those such as Apple that prove every quarter what true limitless execution is all about.

Even more remarkable is the thought that Apple's growth prospects may not yet be fully reflected in its stock price -- even as it battles rivals Google ( GOOG), Samsung and Microsoft ( MSFT).

Without a doubt, Apple remains the cheapest stock on the market now and for the foreseeable future.

At the time of publication, the author was long AAPL and held no position in any of the other stocks mentioned.

This article was written by an independent contributor, separate from TheStreet's regular news coverage.
Richard Saintvilus is a private investor with an information technology and engineering background and has been investing and trading for over 15 years. He employs conservative strategies in assessing equities and appraising value while minimizing downside risk. His decisions are based in part on management, growth prospects, return on equity and price-to-earnings as well as macroeconomic factors. He is an investor who seeks opportunities whether on the long or short side and believes in changing positions as information changes.

If you liked this article you might like

Apple Chart - iPhone-8 Selloff Accelerates, Watch These Support Levels

North Korea's Nuclear Threat Pressures Wall Street at Trading Week's End

Top Apple Analyst: Don't Expect Long Lines for iPhone 8, But News Is Not All Bad

3 Problem Areas for Market in 4th Quarter