How Apple can get to $900

We had a great Weekly Live Q&A Chat on TradingWithCody.com/chat today and I got several emails from Marketwatch subscribers that I’ll include in a transcript digest tomorrow here on The Cody Word.

The markets are little bit calmer today than they were yesterday.

And actually, every trader who lived through yesterday’s Great Twitter Stock Market Crash should read this article.

Trading Stops: Not a Magic Solution.

Lots of action today, so let’s jump right in and hit the names.

Juniper Networks Becomes Oversold - The company’s report was all about how strong carrier demand is and how weak enterprise/government spending is. Which is just exactly our thesis. The stock is getting hurt because guidance was a bit soft, but I’m a buyer at these levels. It’s one of our smallest positions and I’ve been very patient about scaling into more, but now I am going to buy a full-size tranche, almost doubling my position here this morning while the stock is down.

First Solar is back and tradable - First Solar – Is up a lot again today, now up more than 20% from our entry price. I’m letting this one ride.

Gold: Stay bullish on gold as global chaos reigns - Gold is up again today and at new highs since our purchase of more and our add of the GLD trade. I’m also staying the course on this one for now.

ARM Holdings PLC Earnings Call Insights: Graphics ASP and Licensing Growth – I like ARMH and explained why in this Top 10 Apple Suppliers book from more than a year ago. Nothing much has changed in the overall picture since then except the company has executed on everything I outlined in that report even better than I’d expected.

Wall Street All-Stars on how to play Apple now - And finally, Apple. If Apple earns $60 this next year and $70 next year, and if the stock goes back to a 10 P/E multiple, plus you add what will be close to $200 a share in cash at that point even after the buybacks and dividends, you’d have a $900 stock sometime in 2014 or early 2015.

Cody Willard writes Revolution Investing for MarketWatch and posts the trades from his personal account at TradingWithCody.com, which is not affiliated with MarketWatch. At time of publication, Cody was net long Apple, physical gold, Juniper, First Solar, and GLD. Follow Cody on Twitter at twitter.com/codywillard.

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Cody Willard

Founder, CEO & Chairman at Wall Street All-Stars, LLC

Cody Willard is the founder of Wall Street All-Stars and the principal of CL Willard Capital. Cody serves as an adjunct professor at Seton Hall University and writes TradingWithCody.com. He was an anchor on the Fox Business Network, where he was the co-host of the long-time #1-rated show on the network, Fox Business Happy Hour. He wrote a monthly investment column for The Financial Times as well as columns for TheStreet.com and was a regular guest on CNBC’s Kudlow & Company from 2004 to 2006. Cody’s stock picking ideas and economic outlooks have been featured on NBC’s The Tonight Show with Jay Leno, ABC’s 20/20, CBS Evening News, CNBC’s SquawkBox, Jon Stewart’s The Daily Show, as well as in the Financial Times, Wall Street Journal, New York Times, and many other outlets.

@codywillard

Former Anchor on Fox Business, ex-hedge fund manager, editor of http://TradingWithCody.com, member of the The Muddy Souls (http://youtube.com/themuddysouls).

I got invited to the #WHCD when I was an anchor on fox business. I didn't reply and didn't go. #ethics - 7 hours ago

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