Stocks Suck even Apple
Apple Inc (AAPL) has now lost as much in market cap as the value of Google Inc (GOOG) since Apple's 12 month $700 share price. New 52-week low for Apple today and that's the shits for everything.
Today is a great day to hit the bottle and not look at your 401K. As I type this Apple shares are down an incredible 6% which erased $22.5 billion in market cap. Apple Inc has around $137 billion in cash alone. Apple's market cap is at $377 billion. Simple math and the ratio of market cap to cash is at 36%. That's crazy pills!
Expect a million articles today debating the undervalued stock price of Apple and the opposite point of Apple become a crappy Microsoft (MSFT) stock. Whatever may be the case, Apple looks very cheap and attractive at its $401 stock price.
Mastery has done its share of pimping AAPL lately, check out Cut & Paste with Apple Inc.. Looking for something to help your portfolio today? We think there is value in Yum! Brands (YUM) so review 4 Stocks for Open Water Trading. Happy safe trading out there and thank you for coming to our website for 10 seconds. Now you can get back to your Pandora station.
The Terrible AAPL Chart
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Peter Thiel May Run For California Governor In 2018 | ZeroHedge
- Oil Slides After Saudis Suggest Early End To OPEC Deal | ZeroHedge
- Size Matters - No Country Should Be Bigger Than This | ZeroHedge
- Matt Taibbi: "Insane Clown President Trump Was Right About The Media" | ZeroHedge
- Russian Foreign Ministry: "Obama Still Has A Few Days Left To Destroy The World" | ZeroHedge
- TSA Finds Record Number Of Guns In Carry-On Bags In 2016 - Up Over 250% Since Obama Elected | ZeroHedge
- Germany ignored anti-terror tips, had intelligence agencies infiltrated by ISIS in 2016 | ZeroHedge
The most relevant financial news and articles from the Internets
- A master chef shares his secrets to making the perfect bowl of ramen | Business Insider
- In-N-Out's reclusive 34-year-old heiress reveals... | Business Insider
- I tried out the subscription box that wants to make it easy for guys to dress up for work | Business Insider
- 'A new life; an uncertain life': Everyday life starts... | Business Insider
- 3 strategies companies should use to sieze the 'gig... | Business Insider
- This monster machine that splits trees is incredibly satisfying to watch | Business Insider
- Germany to the US after Trump remarks: 'Build better... | Business Insider