Apple Inc. (AAPL)’s iPhone Product Line and Balance Sheet Makes It a Worthy Investment: Dan Nathan

Apple Inc. (NASDAQ:AAPL) remains the stock to beat in the market at the back of a strong iPhone iteration that has allowed it to clock record profits and market value. The company’s ecosystem continues to expand away from the iPad and iPhones straight into the wearable space and service delivery with Apple Pay. CNBC’s Contributor, Pete Najarian, expects Apple Pay and Apple Watch to be the catalyst going forward, not on the revenue front but on expanding the company’s ecosystem.

Apple, is AAPL a good stock to buy, NASDAQ:AAPL, Apple Watch, Switzerland, release, delay, legal, patent, intellectual property,

Attention shifts to the launch of Apple Watch later in the month, which many analysts are waiting to see if it will have a near effect to iPhone 6 in terms of sales.

“I think the next interesting thing will be the watch not because of what it is going to do from the standpoint of revenue. But what I think the watch is going to do as far as the ecosystem and the Pay and the house and everything personalized that everything is looking for going forward,” said Mr. Najarian.

The iPhone product line and the balance sheet makes Apple Inc. (NASDAQ:AAPL) a worthy investment according to Dan Nathan, who is long on the stock. There is already expectation that the company will be able to increase its capital returns to investors, which should be good in building the stock’s positive sentiments in the Street.

The Cupertino-based company grew its revenue by an astonishing 30% year-over-year mostly attributed to a 70% growth in China. Waiting to see the kind of impact Apple Watch will have on earnings at the back of strong iPhone 6 demand.

“The stock is 4% from the all-time high it made about a month ago, it is going to make a new high at some point. As far as I am concerned, this Friday they are going to start taking pre-orders for this watch, I think they are going to go reasonably well […],” said Mr. Nathan.

Nathan does not expect Apple Inc. (NASDAQ:AAPL) to double its capital returns as it has been in the past or because it has a big cash balance at its disposal.

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.