Apple Stock Essay

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Amazon has grown from selling books online to a huge infrastructure of warehouses loaded with robots, massive computer systems, and extensive delivery networks for just about every product. Over the last twenty years, Amazon has wisely invested in start-up companies that adopted its technology early on. Zappos, the successful online shoe and clothing shop, is owned by Amazon. Evi, the software company that creates technology aimed at improving the consumer internet and mobile experience, in particular the Echo, is also owned by Amazon. The Amazon Echo sits in our leaving rooms ready to conveniently take verbal orders for more goods, from Amazon. As well, with the introduction of the successful Amazon Prime program (no delivery charges) …show more content…

I chose Apple stock because Apple is a progressive company. Apple has grown from a limited computer company to a mobile device leader. Since the launch of the very first iPod in 2001, Apple shares have grown nearly 12,000%. The value of the company is almost $800 billion, which makes it perhaps the most valuable publicly traded company. The company produced $45.69 billion of net profit last year. Apple has approximately $246 billion in cash (more than the gross domestic product of most countries in the world. With a lot of cash, Apple can use this to grow its profit. I believe Apple has hired bright, innovative people – among them, Tim Cook, the current CEO. In addition, Apple is a trusted brand that keeps loyal customers coming back. People love Apple products so much that they are willing to pay a higher price. Billionaire investor Warren Buffett first invested in Apple last year, and since this time he has doubled his investment. Because I knew I was only investing for two weeks, I felt the upcoming launch of Apple’s new iPhone X (released on November 3) would be boost a buzz of …show more content…

I chose Caterpillar stock because I believe it is an iconic brand and it is in a position to grow. Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. This company is arguably the most recognizable in the industry. A strengthening worldwide economy leads to building and construction, which in turn leads to more construction equipment. As well, expected investments in infrastructure activities in the U.S. and construction growth in China will bring a demand for Caterpillar’s products and services. Caterpillar has also made wise management and business decisions to pursue global customers. The company positioned itself to integrate and compete in foreign markets as a local company, rather than a foreign company. Caterpillar also has a long history of growth. According to Zack’s Investment Research, Caterpillar has a Rank #1 (Strong Buy). Additionally, UBS Financial Services raised its Caterpillar rating from “Neutral” to

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