Tuesday, March 20, 2012

Apple; Google, Red Hat

Apple (AAPL), which is not a GDT::Portfolio stock, announced yesterday (02012.03.19) that it is going to be paying a dividend (~1.8% yield). They also announced a $10 billion share buyback. At yesterday's closing price of $601.10, Apple Inc. had an approximate market value of $560.45 billion.

Google (GOOG) is a GDT::Portfolio stock and I say: Dividend no, share buyback yes. GOOG closed yesterday at $633.98. 52-week range: $473.02 - $670.25. Approximate market value: $206.13 billion.

Red Hat (RHT) is within 5% of a new 52-week high. I noticed that last week Morgan Stanley downgraded RHT from 'over weight' to 'equal weight'. Valuation was cited. RHT closed yesterday (02012.03.19) at $51.03. 52-week range: $31.77 - $53.42.

31.77 - 53.42

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