Apple Dives Into the Debt Market: 6 Stocks in 60 Seconds

by Alyssa Oursler | May 1, 2013 9:01 am

Apple Dives Into the Debt Market: 6 Stocks in 60 Seconds

Apple (NASDAQ:AAPL[1]) sold $17 billion in bonds on Tuesday — something InvestorPlace contributor Marc Bastow says is great for the company[2], but not so great for investors. As he put it: “Apple has no reason not to tap the debt market. It’s cost-effective and practical.”

JCPenney (NYSE:JCP[3]), which recently kicked CEO Ron Johnson to the curb[4], will receive a $1.75 billion, five-year senior secured loan[5] from Goldman Sachs (NYSE:GS[6]). That comes on the heels of the news that George Soros has nearly an 8% stake[7] in the struggling retailer.

Herbalife (NYSE:HLF[8]) posted a 17% improvement in revenue and an earnings beat in the most recent quarter, while also raising its full-year profit forecast. That helped it post double-digit gains over the last week. Still, Jeff Reeves says to stay away[9].

Twitter co-founder Jack Dorsey said the social media company is not even thinking about[10] a public offering at this point. According to IPO Playbook[11] writer Tom Taulli, though, “showing anti-IPO sentiment is the cool thing nowadays.”

Pitney Bowes (NYSE:PBI[12]) slid nearly 16% yesterday after posting not-so-hot Q1 numbers and cutting its dividend. It’s still in the black year-to-date, which Marc Bastow says is all the more reason why investors should cut and run[13] if there’s still profits to be taken. He even tagged Pitney Bowes as a company that would not survive through 2020[14]!

Berkshire Hathaway (NYSE:BRK.A[15], BRK.B[16]) — this week’s Stock of the Week[17] — reports earnings this Friday. Check out all our coverage on the company here[18].

Check out past “6 Stocks in 60 Seconds” clips here[19].

For more videos — including exclusive access to full-length interviews and early access to weekly updates  like us on Facebook[20] or follow us on Twitter[21]. As of this writing, Alyssa Oursler did not hold a position in any of the aforementioned securities. Follow her on Twitter: @alyssaoursler[22].

Endnotes:
  1. AAPL: http://studio-5.financialcontent.com/investplace/quote?Symbol=AAPL
  2. says is great for the company: http://investorplace.com/2013/04/ibond-offering-will-bring-investors-i-promise-msft-aapl-wmt-brk-a-brk-b/
  3. JCP: http://studio-5.financialcontent.com/investplace/quote?Symbol=JCP
  4. kicked CEO Ron Johnson to the curb: http://investorplace.com/2013/04/ackman-finally-realizes-that-jcpenney-hit-rock-bottom-now-what/
  5. $1.75 billion, five-year senior secured loan: http://investorplace.com/2013/04/jcpenney-gets-1-75-billion-loan-from-goldman-sachs/
  6. GS: http://studio-5.financialcontent.com/investplace/quote?Symbol=GS
  7. nearly an 8% stake: http://investorplace.com/2013/04/jcpenney-shares-rise-on-george-soros-stake/
  8. HLF: http://studio-5.financialcontent.com/investplace/quote?Symbol=HLF
  9. says to stay away: http://slant.investorplace.com/2013/04/herbalife-earnings-hlf-stock-ackma/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+InvestorPlace+(InvestorPlace)
  10. not even thinking about: http://investorplace.com/ipo-playbook/twitters-co-founder-dont-count-on-an-ipo/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+InvestorPlace-IPO-Playbook+(InvestorPlace+IPO+Playbook)
  11. IPO Playbook: http://investorplace.com/ipo-playbook/
  12. PBI: http://studio-5.financialcontent.com/investplace/quote?Symbol=PBI
  13. investors should cut and run: http://investorplace.com/2013/04/pitney-bowespbi/
  14. would not survive through 2020: http://investorplace.com/2013/01/dead-by-2020-9-stocks-that-wont-survive-the-decade/
  15. BRK.A: http://studio-5.financialcontent.com/investplace/quote?Symbol=BRK.A
  16. BRK.B: http://studio-5.financialcontent.com/investplace/quote?Symbol=BRK.B
  17. Stock of the Week: http://investorplace.com/hot-topics/stock-of-the-week/
  18. coverage on the company here: http://investorplace.com/hot-topics/stock-of-the-week/
  19. here: http://investorplace.com/hot-topics/6-stocks-in-60-seconds/
  20. like us on Facebook: http://www.facebook.com/investorplace
  21. follow us on Twitter: https://twitter.com/InvestorPlace
  22. @alyssaoursler: https://twitter.com/alyssaoursler

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