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Future Still Promising for Apple Shares?

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  • Description

    Matthew 25 Fund Director Mark Mulholland on why Apple is still a great value for investors.

  • Duration 3:01
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Of your holdings but.

Oh boy -- -- -- on apple is really happy about that and mark Mulholland as somebody who does he says that when the prices bright.

Forget about the needle and by the whole haystack markets the director and president of -- -- just fine I'm.

-- Fox Business exclusive from Philadelphia by the way his fund is outperforming its benchmark over the past year.

And it's not even a close race I -- mark I mean look here near three year looks good -- to year to date year to date -- up 20%.

Russell 2000 year to date is obviously not doing as well but my question to -- you -- large caps in your front now -- small and mid caps.

Yeah we really do it's where you're getting the best buys right now you -- -- -- -- about the haystack.

I think I'm paraphrasing Warren Buffett played he -- -- -- like sometimes in the market you're looking for needle in the haystack.

And sometimes just -- -- -- despite haystack that the -- prices and if we're getting some of these companies like apple Caterpillar Goldman Sachs some of our holdings.

-- and you've got Berkshire by the way -- shares up here.

You're disciple of Warren Buffett but -- how do you pick a stock is it exactly the same as -- big value investor.

Now what I'm actually have what I call blood investor we look for value growth in fact I think Buffett went through that too -- -- than we first came out of his studies with Ben grand.

Due -- pure value person.

And then I think -- Charlie Munger simply to start learning to real you know you realize that.

You -- great businesses to and -- kind of where the growth falls into itself I feel like that Philly we -- growth companies that are very good price and try to hang -- Rodham.

Real value people are always like buy low sell high senator my trip where is I think we will do that I think we maker that's money what we can buy low and let it crowd.

Okay will you bought apple yesterday so -- -- not necessarily buying low considering that it's a stock that has run up.

I have to believe that you think that this stock has more room to run and my question would be is that -- a little bit here.

Trees don't grow out of the sky what is the potential for the upside here where does it -- Well -- the future is still very promising I don't know where the numbers will be ultimately but if you look at the stock right now.

They're supposed to earn about 47 bucks a share this year got -- clean balance sheet with they had about ninety dollars a share attached -- -- that at -- year.

And this year even including with a dividend -- -- that they should have about a 115120.

So -- to put a twenty PE.

On the earnings of this year and that have to catch back.

You're at 99 so we'll just rounded up to a thousand but -- actually for buying.

You'll live we actually first purchased this stock you know eat right at 128 I bought some shares as well -- easy and I continue I took because.

The stories there it just the -- it has grown into its value now and it's still not overpriced and -- citing the potential of students out of a prize -- will -- to ride with the.

Mark I want you to come back because we can talk about why you've picked Google over Yahoo! which is a big topic of conversation for a lot of our investor viewers thanks for joining us.

Mark Mullen thank you director and president of the Matthew 25 fund the ticker symbol MX SX XV.

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