Sunday, April 21, 2013

MSFT,AAPL: 2 Undervalued Mega-Cap Cash Cows

2 Undervalued Mega-Cap Cash Cows
by John Huber

I bought Apple (AAPL) around $407.50 and Microsoft (MSFT) around $28.65 on Wednesday for myself and for clients. Both stocks represent about 3% of the portfolio. Five years ago, I never would have thought these would be in my portfolio, especially not the first two positions in a new model portfolio, but I think both offer outstanding value based on their cash dominated balance sheets and strong free cash flows. read more »

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