Your browser isn't supported
It looks like you're using an old web browser. To get the most out of the site and to ensure guides display correctly, we suggest upgrading your browser now. Download the latest:

Welcome to the MSE Forums

We're home to a fantastic community of MoneySavers but anyone can post. Please exercise caution & report spam, illegal, offensive or libellous posts/messages: click "report" or email forumteam@. Skimlinks & other affiliated links are turned on

Search
  • FIRST POST
    • CreditCardChris
    • By CreditCardChris 13th Dec 19, 7:22 PM
    • 122Posts
    • 23Thanks
    CreditCardChris
    Apple on track to become $2trillion company by December 2020?
    • #1
    • 13th Dec 19, 7:22 PM
    Apple on track to become $2trillion company by December 2020? 13th Dec 19 at 7:22 PM
    https://i.gyazo.com/09f826c4618e2ff93ac28ce3931ff5ed.png

    What do you think? Stock has gone up 93% this year, another 80% and it'll hit $2trillion.

    It's going so parabolic it's putting bitcoins 2017 run to shame
Page 4
    • sebtomato
    • By sebtomato 6th Jan 20, 12:31 PM
    • 640 Posts
    • 158 Thanks
    sebtomato
    To go back to the original topic:

    Link: The Motley Fool (published yesterday, 5th Jan 2020: Apple Stock Is Really Expensive
    • Notcloseminded
    • By Notcloseminded 6th Jan 20, 12:51 PM
    • 65 Posts
    • 36 Thanks
    Notcloseminded
    to go back to the original topic

    https://www.fool.com/investing/2020/01/05/2-stocks-that-could-make-you-rich.aspx

    I would ask has Apple stock doubled in one year at anytime in the past and if so look at 3 factors

    1. What did Apple do as a business around that time by looking deeply into the Company and not just skimming headlines.
    2. what was happening in the stock market overall at that time.
    3. What was happening in the world with regards to the geopolitics.

    Factor all those things in might help understand what will happen but as its famously known the Stockmarket can be unpredictable and can easily have up and down fluctuations short term.
    • Username999
    • By Username999 13th Jan 20, 7:22 PM
    • 59 Posts
    • 17 Thanks
    Username999
    Angle of increase is getting steeper.
    It's now more a momentum play with FOMO.
    I would not be surprised to see a 30% correction this year.
    $220 would be my buy target.

    IMHO
    • Bleg
    • By Bleg 14th Jan 20, 12:57 PM
    • 318 Posts
    • 58 Thanks
    Bleg
    .....surely this rocket speed trajectory cannot be maintained for much longer....??
    -Keep your eyes to the sunshine and you would not see the shadows-
    -Remember your forgetfulness is not my emergency
    • MaxiRobriguez
    • By MaxiRobriguez 14th Jan 20, 1:04 PM
    • 794 Posts
    • 654 Thanks
    MaxiRobriguez
    Markets can do whatever they like over the short term.

    Apple price may well continue to go up for a while yet. Eventually though (and I'd argue it's already happened) the price doesn't match the fundamentals of the company and some sort of trigger events precedes a period selling.

    But there's still room for Apple to go up a lot more. The best returns in a bubble scenario are right before the pop, and we're not quite at bubble stage yet.
    • ZingPowZing
    • By ZingPowZing 14th Jan 20, 3:23 PM
    • 428 Posts
    • 175 Thanks
    ZingPowZing
    Aapl had a major correction in the last quarter of 2018 when iphone manufacture started falling.. If you start counting from Aug '18, when the price was c $220, Aapl's rise is broadly in line with others.
    Didn't hear the train last night doesn't mean it didn't go.
    • benbay001
    • By benbay001 14th Jan 20, 11:25 PM
    • 154 Posts
    • 148 Thanks
    benbay001
    They have a forward pe of 23. Hardly extreme for a fastish growing American tech company.
    Saving Pennys To Pay For Petrol Powered Toys
    Im A Budding Neil Woodford.
    • iglad
    • By iglad 15th Jan 20, 12:13 AM
    • 208 Posts
    • 59 Thanks
    iglad
    I have Apple in my L&G 100 Global Index tracker and my AXA Framlington Global Tech fund so I'm happy.
    Last edited by iglad; 15-01-2020 at 12:15 AM.
    • AnotherJoe
    • By AnotherJoe 21st Jan 20, 7:49 PM
    • 16,481 Posts
    • 19,822 Thanks
    AnotherJoe
    I posted here maybe two or three years ago it was goin to double within a year. Didn't think it would go this much though.
    My next "tip" .......
    Tesla.
    Originally posted by AnotherJoe

    Up 44% since I posted 5 weeks ago despite all those nasty Space X satellites.
    My next tip ...
    Tesla
    Fifty percent up to double from here within a year and it might temporarily go up 5x-10x due to the Mother of All short squeezes.
    Last edited by AnotherJoe; 21-01-2020 at 8:03 PM.
    Please dont criticise my spelling. It's excellent. Its my typing that's bad.
    • Randal
    • By Randal 22nd Jan 20, 12:36 PM
    • 453 Posts
    • 210 Thanks
    Randal

    Up 44% since I posted 5 weeks ago despite all those nasty Space X satellites.
    My next tip ...
    Tesla
    Fifty percent up to double from here within a year and it might temporarily go up 5x-10x due to the Mother of All short squeezes.
    Originally posted by AnotherJoe
    Hello Mr Broker - I want to buy some Tesla shares ....................
Welcome to our new Forum!

Our aim is to save you money quickly and easily. We hope you like it!

Forum Team Contact us

Live Stats

3,763Posts Today

6,773Users online

Martin's Twitter