Once my favorite stock, the current valuation for Apple doesn't make a whole lot of sense to me.However, Apple is a great business that remains on my radar. I share the price Apple would need to trade down to for me to expect above-average returns from the stock.An idea for how to get exposure to Apple Inc. without paying full price.Apple's net income has increased from $1.3 billion in FY 2005 to over $57 billion in FY 2020. As you can see from the graph below, the iPhone launch in 2007 was a ga
Disney stocks soared, after Disney CEO Bob Chapek says Disneyland to reopen on April 30
California's twoDisneytheme parks will reopen on April 30, CEO Bob Chapek said on CNBC's "Squawk Alley" Wednesday.All theme parks in California have been closed due to Covid-related restrictions for the past year. While guidelines in other states, like Florida, allowed parks to reopen with limited capacity, California's rules have kept theme parks big and small shuttered.However, new state guidance permits amusement parks to reopen beginning April 1 with 15% to 35% capacity depending on the prev
Apple Could Reach a $3 Trillion Market Valuation, Analysts Say
Citi, Wedbush analysts both see Apple’s market cap increasing. Apple Inc.’s stock could reach a market capitalization of $3 trillion,analysts say, citing the development of the Apple Car as well as high expectations for the next iPhone.Wedbush analyst Daniel Ives, whose price target for Apple is a Street-high $175, also sees a $3 trillion valuation on the horizon. In a note on Wednesday, he called recent declines in the stock a “golden buying opportunity,” expecting the upcoming iPhone 13 to be