AAPL (AAPL): Are Apple Shares Stuck in Neutral? Get the POWR Rating Breakdown

NASDAQ: AAPL | Apple Inc. News, Ratings, and Charts

AAPL – AAPL has not been kicked out of the FAANG stocks, but lets be honest, it doesn’t have the appeal it once did. Read on for more… Stock price at the time of this analyst call was $189.48.

Update: As of Aug. 20, 2019, this analyst call has returned 11.09%.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

My guess is that 95% of the people reading this article already own Apple Inc. (AAPL - Get Rating) shares. Heck, I own them too and have done so none stop for several years as it is a cornerstone technology stock.

Unfortunately an honest reflection of the current state of Apple shows that it has lost a fair amount of its allure. Thus, we owe it to ourselves to  explore Apple Inc. (AAPL - Get Rating) with this POWR Ratings Breakdown where we review the outlook for shares on 5 different measures of its attractiveness.

Buy & Hold Grade = C

This is based on a myriad of factors including the price action the past year where we see a fairly flat +2.8% return over the past year with shares well off their highs. But really the thing driving that price was a severe decline in the earnings outlook that started in Q4. That has since turned a touch more positive with the recent earnings beat and raise.

Trade Grade = C

As noted above, shares did respond well to the recent earnings report with signs of growth coming from places other than the iPhone. But just as that story was taking root we have the recent market pullback coupled with news of iPhone on the wrong end of a large lawsuit. In time that negative will blow away with increased earnings prospects being the central thesis.

Industry Rank = C

The Technology Hardware group is in the middle of the pack (#76 out of 123 industries).  However, Apple Inc. (AAPL - Get Rating) plays in so many different industries, that it is hard to pin them to just one. I would say overall this is probably an unfair blemish on shares and you should consider it a notch better than the C rating.

Peer Grade = C

Within its group it is showing the 13th best ratings out of 26. But it is 1 place away from a B rating.  So again, its Neutral, but leaning a notch more positive.

POWR Rating = C (Neutral) 

This is the most vanilla set of ratings I have done for a stock where all 5 elements were a C rating (Neutral). Usually there is more nuance and variation.

Is Neutral the worst thing in the world? No…it is saying there is nothing special going on and shares will likely perform in line with the market average. I have heard much more disparaging things said at my daughters soccer games 😉

Here is why I think the outlook is a touch better than reported above. Apple turned the corner in the most recent earnings announcement. They are finding growth in areas outside of the iPhone. Mostly in the wearables. As that story gains traction, shares will likely outperform the market.

StockNews.com is the home of the POWR Ratings system. Here are some quick links to get you to the most popular POWR Ratings features:

Full List of “A” Rated Strong Buy Stocks

Reitmeister Total Return portfolio. This is where Steve Reitmeister employs his 40 years of investment experience to hand select the best POWR Ratings stocks.

Apple Inc. NASDAQ: Apple Inc. (AAPL - Get Rating) shares were trading at $287.38 per share on Friday afternoon, down $0.32 (-0.11%). Year-to-date, has gained 15.50%, versus a % rise in the benchmark S&P 500 index during the same period.

This article is brought to you courtesy of StockNews.com.

Get Free Updates

Join thousands of investors who get the latest news, insights and top rated picks from StockNews.com!

Top Stories on StockNews.com

NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

A Great Options Strategy to Generate Income

Working on the assumption of a range-bound or consolidating market, here’s a quick-and-easy options play to generate 35% return over the next 3 days!
NASDAQ: PYPL | PayPal Holdings, Inc. News, Ratings, and Charts

Stock of the Week: PayPal (PYPL)

PayPal is the first selection for this new Stock of the Week feature. And for good reason! Read on to learn more.
: APHA | Aphria Inc. Common Shares News, Ratings, and Charts

Is Aphria (APHA) the #1 cannabis stock to own right now?

So why do we like Aphria so much now, and what sets it apart from its competitors?
NYSE: SPY | SPDR S&P 500 News, Ratings, and Charts

The Biggest Recession Risk We Actually Face

Today's featured article covers the biggest recession risk that we face. Continue reading to find out more details, and how it could affect investors moving forward.
NYSE: HCP | HCP, Inc.  News, Ratings, and Charts

14 Soaring Momentum Stocks

HCP headlines a list of 14 stocks displaying impressive momentum at this time that points to even more upside ahead.

Read More Stories

More Apple Inc. (AAPL) News View All

Event/Date Symbol News Detail Start Price End Price Change POWR Rating
Loading, please wait...
View All AAPL News
Page generated in 1.181 seconds.