Apple is an 'earnings powerhouse,' says tech investor Gene Munster

had improved over the previous quarter. That is a part of Munster's bullish thesis, as are the stock buybacks the company announced on Tuesday.

Apple said that it would spend $75 billion on share repurchases and it also approved a 75 cent dividend per share, a 5% increase.. " He calculates the buybacks could boost the stock by 25% over the next five years."Investors are largely underappreciating what this stock could do," said Munster. "This story could be a $350 stock over the next couple years, and I think they are going to surprise people on this earnings power."

Wow, he really knows his stuff. Eye opening analysis .... I thought it was a highly indebted, loss making utility until I read this headline

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Investors brace for a roller-coaster week ahead with Fed decision and Apple, Alphabet earningsFed Chairman Jerome Powell is expected to emphasize that the Fed is patient and will hold interest rates steady. Relax, The Fed has been neutered. Roller coaster? Naw.....feds in a sleep no worries. rate increase PLEASE PLEASE PLEASE!
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Major pullback could strike tech stocks, and it won't spare Apple, investor Paul Meeks warnsPaul Meeks, who ran the world's biggest tech fund for Merrill Lynch during the dot-com boom and subsequent collapse, believes tech valuations are stretched. TradingNation StephLandsman
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250 ways to trade Apple into earningsApple's earnings report on Tuesday will be integral to the 253 exchange-traded funds that count the iPhone maker's stock among their holdings, experts say. 1 should be don't. 250 ways to not trade Apple into earnings. Thanks for the heads up, CNBC!
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