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This Stock Made Me Buy Again (And Again) [Yahoo! Finance]
Last apple inc. earnings: 4/30 04:30 pm
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US:NASDAQ Investor Relations: investor.apple.com
Apple's cash generation surged 80% year-over-year to $53.93 billion quarterly, supporting aggressive shareholder buybacks. The analyst who called NVIDIA in 2010 just named his top 10 AI stocks. Get them here FREE I can't stop buying Apple NASDAQ:AAPL ), and the most recent quarter only deepened my conviction. I added shares in March when the stock dipped to $252.82, added again in early April, and I expect to add more before summer. At $273.43 with a trailing P/E of 34, the stock trades at a premium by classical measures. I still keep buying. Here are the three reasons why. 1. The cash machine just shifted gears Apple generated $53.93 billion in operating cash flow in a single quarter, a figure that rose 80.14% year over year. That shows a company nearly doubling its cash generation while already sitting on $45.32 billion in cash and equivalents. The analyst who called NVIDIA in 2010 just named his top 10 stocks Get them here FREE Management returned $24.70 billion to s
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