Tuesday, June 15, 2010

Mad Money Recap | Nightly Recap for:  Monday, June 14, 2010

Mad Money Recap Nightly Recap for: Monday, June 14, 2010: "Only Cisco trades at a premium to its growth rate, 11.5%, 14 times earnings… do you know something, even the highest growth rate stocks, the ones connected to Apple that I mentioned, you know they are trading at a discount to growth? SanDisk which was all the rage today, it is growing at 15% a year but it is sells at 12 times earnings… Skyworks, remember that company that amplifies the sound, David Aldridge, that is growing at 15%, 14 times earnings… Cirrus Logic, 22% growth, 12 times earnings… hey look, even Apple itself, it has got an 18% growth rate based on the estimates… although I think it will be higher than that… it sells at only 19 times earnings… now when you calculate this, you really should back out Apple’s cash… they have $53 a share in cash… and it is something that you have got to do, cash has no multiple… so Apple is selling at, this is selling at the same multiple as United Technologies… it is only 15 times earnings.. I do not get it… I am telling you that I do not get it."