I choose $Apple(AAPL)$ .Apple doesn’t sport a $2.5 trillion market capitalization for nothing. It’s a titan among titans and its financials reflect it. The company has total assets north of $350 billion, with current assets of almost $120 billion. More than $50 billion of that is in cash or equivalents.

Even more impressive is the company’s free cash flow. On a trailing basis, that figure sits at $105 billion. Think about that for a minute. Apple can run a cash flow of $100 billion a year. The growth is impressive, too. Free cash flow stood at $58.9 billion in 2019, $73.3 billion in 2020, $92.9 billion in 2021 and $111.4 billion in 2022. Furthermore, on 27 Oct 22, Apple reported its fiscal 2022 year-end financial report, beating Wall Street's expectations on revenue and earnings per share (EPS).

In Apr 22, Apple’s board of directors also authorized $90 billion in share buybacks. This tends to be a bit of a trend for the company, as the company spent $88.3 billion in buybacks last year.

Warren Buffett is also a big buyer of Apple at Berkshire Hathaway. He scooped up $600 million worth of AAPL stock in a three-day span in the March quarter before the stock bounced. Buffett said he would have bought more had the stock continued to decline, so one could reason that Berkshire will likely be a buyer of Apple if the stock continues lower.

To conclude, I will buy the dip in Apple because of its robust financials with a monumental balance sheet and incredible cash flow, a solid earnings report and an immense buyback.

@Tiger_chat