Apple evangelists vs. heretics, Jan. 26

Adds Moises Levi, chartist and AAPL agnostic.

Evangelists

• Jon Najarian, Optionmonster, January 25, 2011

http://twitter.com/#!/optionmonster/status/29929259619328000

"ya think ;-) RT @lenk_ Thats right. NFC going to be big. And if you mention it on CNBC, every grandma is going to know about it."

http://twitter.com/#!/optionmonster/status/29930790875828224

"bottom line: Gets $AAPL in payment stream, bad for $V, $DFS, $MA, $AXP, $COF RT"

• Ray Merola, January 25, 2011

http://seekingalpha.com/article/248380-apple-a-sound-value-stock-for-conservative-investors?source=yahoo

"Using a 19X multiple, not much different than today's, I get a target price of $437 per share. Note that this multiple is less than the expected EPS growth rate for the upcoming one, two and five year periods. It's also less than the trailing five-year average multiple. The stock price today is about $335 a share. Therefore, this price target represents potential one-year upside of 30 percent."

• Gleacher & Co., January 19, 2011

http://www.streetinsider.com/Analyst+Comments/Gleacher+%26+Co.+Maintains+a+Buy+on+Apple+(AAPL)%3B+Margin+Structure+Headed+North+Once+Again...Target+to+$400/6223177.html

Buy rating maintained

New target: $400 (raised by 50)

• Dennis Hildebrand, Apple's Gold, January 18, 2011

http://dennyhil.blogspot.com/2011/01/q1-2011-actuals-my-grades-and-beyond.html

"I'm convinced that leadership is solid, even when Jobs retires, or backs away — Long term, this company is in great shape and I still believe that Apple will hit 590 by mid 2012. ... I'm holding my shares, I'm going to enjoy the ride all the way to 800."

• Brian White, Ticonderoga Securities, January 18, 2011

http://notablecalls.blogspot.com/2011/01/apple-nasdaqaapl-new-street-high-target.html

Maintained "buy" rating

Target: $550 (raised by 100)

• Gene Munster, Piper Jaffray, January 18, 2011

http://www.wirelessweek.com/News/2011/01/Apple-Shares-Fall-Jobs-Leave-Business/

Target: $483 (increased by $45)

• Jeffries, January 19, 2011

http://notablecalls.blogspot.com/2011/01/apple-nasdaqaapl-new-street-high-target.html

Target: $450

• Merrill Lynch/Bank of America, January 19, 2011

http://notablecalls.blogspot.com/2011/01/apple-nasdaqaapl-new-street-high-target.html

Target: $450

• Goldman Sachs, Still on Conviction Buy List, January 18, 2011

http://www.marketfolly.com/2011/01/goldman-sachs-note-on-steve-jobs-apple.html

Goldman's 12-month price target on shares of AAPL is $430.

• Citigroup, January 19, 2011

http://notablecalls.blogspot.com/2011/01/apple-nasdaqaapl-new-street-high-target.html

Target: $415

• Morgan Stanley, January 19, 2011

http://notablecalls.blogspot.com/2011/01/apple-nasdaqaapl-new-street-high-target.html

Target: $410

• James Altucher, author/investor, January 18, 2011

http://www.jamesaltucher.com/2010/12/the-one-reason-apple-will-be-the-first-trillion-dollar-market-cap-company/

"I'm still convinced the fundamentals are there to make $AAPL the first trillion dollar company." (StockTwits.com)

• Maynard Um, UBS, January 18, 2011

http://www.wirelessweek.com/News/2011/01/Apple-Shares-Fall-Jobs-Leave-Business/

Revised iPad sales estimates from 5.5 million to 6 million.

• Michael Shulman, Short Side Trader, January 18, 2011

http://seekingalpha.com/article/246925-apple-parsing-steve-jobs-memo#comment-1411649

"The company is on a roll, doubling in revenues during the Great Recession and Jobs' views are deeply embedded in the corporate culture."

• Jason Schwarz, Economic Weather Station
January 18, 2011

http://seekingalpha.com/article/246925-apple-parsing-steve-jobs-memo#comment-1411649

"The problem with selling because of the health of Steve Jobs is that his premium is not even priced into the stock. If it were, AAPL would be at $750 a share. This stock TRADES on Steve Jobs, but it is not PRICED for Steve Jobs."

January 20, 2011
http://seekingalpha.com/article/247542-apple-s-secret-ingredient-involves-more-than-just-steve-jobs
"Any selloff that we see over the next month is the result of normal Apple trading patterns and should not be confused with any kind of long term change in investor sentiment."

• Jerry Jordan, Hellman, Jordan Management Co., January 19, 2011

http://www.djnewsplus.com:80/login?URI=/article/0,,SB129538744009510614,00.html?mod=article-outset-box

"Arguably, there isn't a Steve Jobs premium," said Jordan, who said Apple shares are cheap and bought some earlier in the day.

Agnostics

• Moises Levi, January 26, 2011

http://gicharts.blogspot.com/2011/01/apple-inc-aapl-chart-analysis.html

"Yes, buy on the dip did work. Focus still on that broken trend, and the volume warning. Was the good news priced in? Sell trigger is clear. It's not your typical up trend. It will start to be more volatile. AAPL probably needs a long stable channel pattern."

Heretics

• Zenpenny, January 25, 2011

http://www.zenpenny.com/wp-content/uploads/2011/01/AAPL-1-25-11.gif

"Typically, when patterns like this occur after a large run like AAPL has had, they are reversal patterns or at the very least, the beginnings of a consolidation."