Does Apple Inc. (AAPL) Still Have It?

Then there’s all that cash you’ve collected, and your dividend that could easily go higher for years to come.

And finally, there’s your price: trading for just 10 times expected earnings in 2013. I think the market has already priced my above concerns into your market value. There’s little downside, and lots of stability that you provide.

Who knows … I could be wrong. Maybe you’re next “must-have” product is right around the corner. Maybe Jobs left a little (or a lot) of magic in Cupertino that I just can’t see. Either way, if that turns out to be the case, it’ll just be icing on the cake.

So, I’m sticking with you, Apple Inc. (NASDAQ:AAPL) stock — for at least another year. You’ll remain in my retirement portfolio, and I’m even considering buying more of you for my Roth IRA this month.

The article Dear Apple Stock, You’ve Changed… originally appeared on Fool.com and is written by Brian Stoffel.

Fool contributor Brian Stoffel owns shares of Apple and Amazon.com. The Motley Fool recommends Amazon.com and Apple. The Motley Fool owns shares of Amazon.com, Inc. (NASDAQ:AMZN) and Apple Inc. (NASDAQ:AAPL).

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.