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5 ‘Editor’s Picks’ for March

Here's the first batch of my best long-term picks

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I know, I know. I’m not breaking any new ground here with an Apple recommendation. Its growth and the power of its brands are obvious — but I continue to expect it to outperform, and thus would recommend it for any investor’s portfolio. Reasons include:

  • Stunning 118% earnings growth in Q1. EPS growth has run about 60% annually since 2008.
  • Revenue has tripled from 2008 to 2011, from $32.4 billion to $108.2 billion.
  • All these results haven’t caused Apple to outrun its earnings, with a reasonable forward P/E of about 13.
  • The iPad 3 is coming soon, and will probably put other results to shame.
  • Even without Steve Jobs at the helm, the company remains at the pinnacle of tech.

You know the score by now. I just want to go on record with this buy for my Editor’s Picks list before Apple moves any higher.

Jeff Reeves is the editor of Write him at, follow him on Twitter via @JeffReevesIP and become a fan of InvestorPlace on Facebook. Jeff Reeves holds a position in Alcoa, but no other publicly traded stocks.




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