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3 Reasons To Love Apple But Buy These 6 Better Blue-Chip Bargains Today | The Mesh Report

3 Reasons To Love Apple But Buy These 6 Better Blue-Chip Bargains Today

Dividend Sensei August 1, 2022 Comments Off on 3 Reasons To Love Apple But Buy These 6 Better Blue-Chip Bargains Today

Apple is one of the most beloved companies on Wall Street, thanks to its world-class quality, fortress balance sheet, and legendary profitability.

Apple is expected to generate $665 billion in free cash flow over the next six years, on almost $3 trillion in sales, and spend $452 billion on growth.

Even after spending $90 billion on buybacks this year alone, Apple is expected to finish 2027 with $664 billion in cash. Apple isn’t a company, it’s a nation unto itself.

Over the long term, analysts expect about 11% long-term returns. Today Apple is 33% historically overvalued pricing in five years’ worth of growth, with literally zero fundamentally justified upside over the next five years.

Here are six blue-chip dividend growth alternatives to Apple. Each one has equal or better safety, quality, and dependability. They yield 3X as much as Apple, are growing 50% faster, and offer 55% higher long-term return potential.

They are 17% undervalued, strong buys, and over the next three to five years, offer 17% annual return potential and 19X the risk-adjusted expected returns of Apple.

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