Is Apple a Healthy Stock for Your Portfolio?

With shares of Apple (NASDAQ:AAPL) trading around $450.81, is AAPL an OUTPERFORM, a WAIT AND SEE, or a STAY AWAY? Let’s analyze the stock with the relevant sections of our CHEAT SHEET investing framework:

H = High Quality Product Pipeline for Future Good News

One thing that most people agree on is that Apple makes great products. How many people do you know with at least ONE Apple device? Not many can compete with the ease of use and aesthetics of the products brilliantly dished-out by the company.

The iPod was revolutionary all on its own. The device came when the digital music industry was young and boy was it widely accepted! The MacBook Pro and Air lines turned the laptop industry upside down. Consumers demanded a tablet, Apple delivered an iPad. Who can forget about the iPhone? The iPhone has been a key product for Apple. However, these products have simply been refreshed throughout the years. Of course, there are plenty of markets that Apple can break into. The question needs to be asked: will there be another innovative product?