The stock has become increasing more expensive, over the past several months, as measured by the price-to-sales ratio.
|GDP And Job Growth Around The Corner|
Using a simple regression model based on past growth, we could see estimates potential rise to nearly $290 million.
How far that revenue growth goes, is heavily dependent on the success of the iPhone 8.
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Michael Kramer is the Founder and Portfolio Manager of Mott Capital Management LLC, a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any specific securities, investments, or investment strategies. Investments involve risk and unless otherwise stated, are not guaranteed. Be sure to first consult with a qualified financial adviser and/or tax professional before implementing any strategy discussed herein. Upon request, the advisor will provide a list of all recommendation made during the past twelve months. Past performance is not indicative of future performance