Frisbee
2022-12-26

I pick $Apple(AAPL)$ . Apple often being viewed as a safe-haven investment, as it boasts a formidable balance sheet flush with cash and a steady stream of repeatable services income.

Apple generates massive amounts of cash. With free cash flow of ~$110 billion plus per year and net cash of $49 billion (as of year end FY22), Apple’s cash chest can support at least $110 billion plus in shareholder returns per year, amounting to 4-5% of its current market cap in the form of buybacks and dividends. I like its repurchase programs as they reduce the company's share count and lift earnings.

In addition to its value-creating capital-return program, the company is known for being a penny-pincher when it comes to acquisitions, decreasing the risk of Apple overspending on assets. Apple's largest public acquisition was Beats Electronics for $3 billion in 2014.

Even back then, however, this was a drop in the bucket for the company. 

@MillionaireTiger @Tiger_chat 

Modified in.2022-12-26
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Comments

  • bubblyx
    2022-12-27
    bubblyx
    Apple will be $200. Maybe, like some top analysts have said, in less than a year, but certainly within 2 years.
  • wigglyz
    2022-12-27
    wigglyz
    There is a difference between an investor and a gambler. The investor sees real value here. The gambler thinks he can buy at a lower price, sell and make a quick buck.
  • pixiezz
    2022-12-27
    pixiezz
    So here's the reality. Apple will be $200.
  • LEngLEng
    2022-12-26
    LEngLEng
    Thanks for sharing [Smile]
  • SnailWalker
    2022-12-26
    SnailWalker
    [Bless] [Bless]
  • SeanALQ
    2022-12-26
    SeanALQ
    Gd
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