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4 Stocks You Could Buy Instead Of Apple
By Will Ashworth | January 27, 2010
Apple (Nasdaq:AAPL) delivered its most profitable quarter ever on January 25, which is likely to send the $200 stock higher still in the coming weeks. Some suggest it’s overvalued despite all the good news and you certainly have to wonder when its enterprise value is 18.6 times EBITDA - much higher than Google(Nasdaq:GOOG) and Research in Motion (Nasdaq:RIMM). Overvalued, undervalued, I can’t definitively say. What I do know is that you can buy four perfectly good stocks for one share of Apple. The question is whether you should.
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Topics: Free Financial Feedback |
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