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Does EPS Even Matter?

This is a Symbol Surfing Post from Wed, Jun 6, 2018.


TSLA was one of the biggest gainers today mainly because Elon Musk Tesla announced the company is nearing its Model 3 weekly production goal of 5,000 vehicles per week.

Tesla vehicles are everywhere and are so cool, right?

The stock has been great for those that have the temperament for it.

The negative Earnings Per Share always stops me from buying and I really don't think about it much.

I think it is important to have investing rules or an investing checklist.

A consistent negative EPS disqualifies this stock for me.

18 of the past 25 quarters have had negative earnings.

https://www.zacks.com

There are so many other great companies with a positive EPS, low P/E Ration and dividend.

Check out this list of dividend stocks.

If you are tempted to buy, carefully consider how much much you are willing to risk.


Wed, Jun 6, 2018 TSLA @ $319.50

The 1st Trillion Dollar Company?

This is a Symbol Surfing Post from Wed, Jun 6, 2018.


Here is the math.

In order to figure out what stock price will bump AAPL's market cap to $1 Trillion, we need to know the number of Shares Outstanding.

Shares Outstanding: 5,074,013,000

https://www.nasdaq.com

Now, let's divide $1 Trillion by the Shares Outstanding.

$1,000,000,000,000 / 5,074,013,000 = $197.08

$197.08

Apple closed at a new record high today at $193.98

It needs to move up just $3.10 which is about 1.6%.

This could happen as early as tomorrow.

Either way, it really doesn't matter.

It's just a number.

Also, there are a few other stocks that may get to that valuation as well like Amazon, Google, Microsoft.

So let's say you are a little cautious about buying any of these stocks right now.

Another way to get involved in this rally in tech while minimizing single stock risk is buying the Technology Sector SPDR.

The symbol is XLK.

State Street Global Advisors is the company that offers this ETF as well as many others.

The top ten holdings are the who's who in this sector.


Wed, Jun 6, 2018 AAPL @ $193.98

Wed, Jun 6, 2018 AMZN @ $1,695.75

Wed, Jun 6, 2018 GOOG @ $1,136.88

Wed, Jun 6, 2018 MSFT @ $102.49

Wed, Jun 6, 2018 XLK @ $72.38

Wed, Jun 6, 2018 STT @ $99.49