Apple: The Most Undervalued Large-Cap Stock in America

Andy Zaky:

In late 2007, Apple traded at $200 a share after reporting $3.93 in EPS on $24.5 billion in revenue. Turn the pages to 2011 and it’s an entirely different company. In just four years, Apple’s earnings have grown 600% to $27.68, and its revenue skyrocketed 341% to $108.2 billion. That’s the most explosive 4-year growth rate of any large-cap company on the entire S&P 500.

Yet, one wouldn’t know this given the stock’s very sluggish performance, extremely depressed valuation and the media’s permanently negative sentiment on the stock over the past few years.

Zaky makes a compelling, data-backed case that Apple’s stock price is severely undervalued.

★ Wednesday, 30 November 2011