New Stock Pick – May 2016
Sector – Technology
Industry – Computers, Phones & Household Electronics
Market Cap – Large Cap
Total Revenue – $233B
Purchase price – $93.74 / 10 Shares
Earnings Per Share (EPS) – 9.22
May 2016 Stock Pick – Apple Inc.
Symbol – AAPL
Apple Inc. innovates, designs, manufactures and sells mobile communication and media devices, personal computers and portable digital tablets and music players. Its line of merchandise include the iPhone, iPad, Mac, iPod, Apple Watch, Apple TV, iPhone OS (iOS), OS X and watchOS operating systems, iCloud, Apple Pay and a range of accessory, service and support offerings.
Net Income – $53B
Profit Margin – 22.85%
Book Value Per Share – 25.19
Return on Equity (ROE) – 46.25%
Dividend Yield – 2.43%