Why Do You Hate Apple Inc. (AAPL)?

Ah! So here we have it. The author is a contrarian, and refuses to back a stock until everyone hates it. This is fine as a personal method of investing, but I am sure that – even if it works many times – it also misses many stock runs. I’m also sure that as a sole method of analysis, it will lead you to many losing stocks. Sure, there are many instances in which the analysts have very good reasons for predicting a stock will fail.

Even Chester himself points out that Apple stock is supported for the simple reason that it presents a mere 10.8 forward P/E for 2013 – and that does not even account for the $153/share in cash.

Conclusion

Yes, there are some people who loathe Apple. Many claim their products to be overpriced gadgets sold only to sheep, or lament the “walled garden” of Apple’s iOS. Yet to most reasonable people, Apple provides high quality, innovative, products that make their lives easier. I see nothing to loathe here.

The article Understanding Apple: Easy Loathing Debunked. originally appeared on Fool.com and is written by Jaan Seunnasepp.

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