- Apple Inc., USA
- Feb 12, 2015
- CMP: $125
- Global #1 Cap – Mkt Cap $ 727 billion
Dear Investor, Almost 2 years ago, I wrote an investment note on Apple Inc. Here it is.
The key message was that Apple is innovative, cash rich, will reward shareholders, and even after Steve Jobs, it will do well.
Today, we have just seen the Q4/2014 results from Apple, and its been a record quarter.
The launches of iPhone 6 and 6 plus were very successful. Apple Pay and Apple Watch are the new products that have good potential. And every analyst who tracks Apple is now positive about the stock and rates it a BUY.
So lets see. In about 2 years, the share has appreciated from $63.7 (my call was at $446, and then there was a 7 for 1 stock split) to $124.9, a gain of 96%. And now every analyst calls it a Buy?
It is at such moments that an equity analyst feels the happiest. The day when after a very good appreciation in a recommended stock, it gets rediscovered and rated highly by the community.
Cheers to such moments.
The most profitable moment is still to come.
Punit Jain. Founder, JainMatrix Investments
JainMatrix Knowledge Base:
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This document has been prepared by JainMatrix Investments Bangalore (JM), and is meant for use by the recipient only as information and is not for circulation. This document is not to be reported or copied or made available to others without prior permission of JM. It should not be considered or taken as an offer to sell or a solicitation to buy or sell any security. The information contained in this report has been obtained from sources that are considered to be reliable. However, JM has not independently verified the accuracy or completeness of the same. Neither JM nor any of its affiliates, its directors or its employees accepts any responsibility of whatsoever nature for the information, statements and opinion given, made available or expressed herein or for any omission therein. Recipients of this report should be aware that past performance is not necessarily a guide to future performance and value of investments can go down as well. The suitability or otherwise of any investments will depend upon the recipient’s particular circumstances and, in case of doubt, advice should be sought from an Investment Advisor. Any questions should be directed to the director of JainMatrix Investments at email@example.com Punit Jain does not have any shareholding in Apple Inc., and JM and its promoters/ employees have no financial interest in Apple Inc., and no known material conflict of interest as on date of publication of this report. He does own an old iPad2.