Friday, March 15, 2013

AAPL: It's a good time to buy 2015 Apple (AAPL)...

6:17 PM It's a good time to buy 2015 Apple (AAPL) LEAPs at a $500 strike price, thinks Bill Miller, who went on CNBC to make a bull case for the fruit company. Miller observes Apple now trades at a lower forward EV/EBITDA multiple than Sageway, Kroger, and H-P, and expects the company to "do something fairly dramatic on capital allocation." Others have also argued in favor of buying Apple LEAPs to gain leverage. The Jan. '15 $500 LEAPs currently have an ask of $45 (they rose sharply following Miller's recommendation). Read comments

Get Seeking Alpha notifications with our iPhone App | Android App

AAPL price at time of publication: $443.66. Check AAPL price now »

Focus Articles on AAPL

Press Releases on AAPL

Related Articles on AAPL

StockTalk on AAPL: AAPL StockTalk | Twitter AAPL | Twitter $AAPL | AAPL Instablogs

Recent Market Alerts on AAPL: All currents | Earnings | Dividends | M&A | On the move

Transcripts on AAPL

Why are you receiving this? You subscribed to real-time Market Currents alerts at Seeking Alpha.
If this email was forwarded to you and you wish to subscribe to this email, click here.

Manage your emails:
Get alerts on additional tickers and manage all your email alert choices here
I'm getting too many emails: manage your email alert choices
I'm no longer following AAPL: unsubscribe from all AAPL email alerts
This type of alert isn't helpful to me: unsubscribe from Market Currents (breaking news) alerts on AAPL

To ensure you receive these emails in the future, please add account@seekingalpha.com to your address book, contacts or list of safe senders.

Prices in this email are BATS Last Sale quotes.

Sent by Seeking Alpha, 345 7th Ave. Suite 1400 New York, NY 10001

Posted by at

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)