Alan answers a question coming from Dana of Ocala, FL. Dana writes… "My friend said that to compute the target price for Apple Computer you should multiply it by the forward P/E ratio of 11.57 and the earnings per share of 44.16, and that will leave us with a future price of $510.93. However, Yahoo Finance says the price target for Apple Computer is well over $700. How do you calculate this target price?"
“Want more? We thought so, join now and take full advantage of our HUGE resource library of over one hundred “Ask Alan” videos with more added EVERY month! Get direct accesses to Alan and have your questions answered. The complete library of Ask Alan videos is located in our premium member site.
[highlight]First Month Trial: $14.95
Each Month Thereafter: $39.95[/highlight]
or
[highlight]12 Months + 1 FREE: $454.40
Each 13 Months Thereafter: $479.40[/highlight]
If you want more “Ask Alan” videos, you can view the archive.
Additionally, to get our freshest content (like “Ask Alan”), be sure to like us on facebook:
More Video:
- For those new to Alan’s system of Covered Call Writing, be sure to take the
Free Beginners Corner Series - Free Training Videos Archive
- Ask Alan Video Q & A Archive
- Subscribe to our YouTube Channel
To enter your questions to “Ask Alan”, fill out the form on the contact page. Be sure to begin your message with “ASK ALAN”.