Saturday, August 17, 2013
Shares of consumer-electronics giant Apple jumped nearly 5% last week after investing legend Carl Icahn announced he'd taken a large position in the firm (reportedly $1 billion).
Icahn, who's 77 years old and worth about $20 billion, shared news of his position through the social-networking site Twitter, telling his 54,000 followers:
(The Securities and Exchange Commission ruled in April that companies could disclose important operational information – such as a position in Apple stock – via social media, as long as the firm lets investors know information may come from social media.)
Icahn is urging Cook to pursue a large share buyback. He believes the company is worth $625 per share even without earnings growth. Right now, Apple is trading about 20% below that level.
Dan Ferris recommended shares of Apple in the June issue of his Extreme Value newsletter. He added it to his elite list of World Dominators. World Dominators are the No. 1 companies in their industries. They're consistently profitable, year after year. They gush free cash flow. And they pay a lot of that cash out to their shareholders.
When Dan added Apple to the portfolio, he wrote...
In ways that count for rational, value-oriented, long-term investors, Apple is one of the safest stocks in the world today.
He said Apple was safe for two reasons – it had a lot of cash in the bank and there was a good margin of safety...
Apple is trading for around $500 a share – its highest share price since January. Extreme Value readers are already up nearly 15% on the position. And if Dan and Icahn are correct about Apple's future prospects, the upside is massive from here.
Apple was a topic of Porter Stansberry's first ever live-training webinar...
On Thursday, Porter hosted an online conference about his option-trading strategy called "Alpha."
As we explained earlier this week...
That's the Alpha strategy... And earlier this year, Porter launched his new trading service, Stansberry Alpha, to show readers how to use the strategy to set themselves up for big, safe gains.
So far, he has compiled an impressive track record... Since launching the service, Porter and his team have closed six positions for an average gain of 79%, with an average holding period of less than five months. Their open positions are showing an average gain of 35% in two months.
On the call, Porter explained the simple anomaly using Apple as an example...
It all boils down to one concept, which he explains on the call. Porter also explains how your ability to leverage into these positions using options can greatly increase your gains...
Another trade Porter and his analyst Brett Aitken discuss on the call shows how you can make 18%-55%... even if the stock goes nowhere. It's a great way to produce income in today's market.
Plus, Porter is joined by a surprise guest... a fellow options-trading expert who actually first showed Porter these trading strategies.
To make sure you see the replay, click here. And to learn more about Stansberry Alpha – and how to get $1,000 off a one-year subscription – click here.
We hope you enjoy the call... And we hope you decide to try Porter's Alpha strategy for yourself.
Date Range:8/8/2013 to 8/15/2013
Date Range:8/8/2013 to 8/15/2013