Apple’s stock has been soaring these last several months since they announced their 7-1 stock split.  Since purchasing, my positions are up an astounding 44%.  So where to go from here is the obvious question.  Continue to hold and hope that Apple continues to defy the business world with growth AND stability.  Or cash out and find a new home for my newly acquired dollars.  Apple is now trading at a $671B valuation and a P/E ratio of over 18, which by my metrics is on the cusp of overpriced.  But liquidating the stock leads to the difficult and time consuming question of where else to put the money.  Looking at comparable companies; Microsoft is trading at almost 19 P/E, Google is trading at over 27, and Blackberry is trading at…. just kidding, I’m not buying blackberry.

My plan is to simply keep holding Apple.  If the company’s growth slows, at lease I’m still getting a dividend in addition to slower price appreciation.  Seems like a pretty minor downside.  If the company continues to do well, that’s a pretty significant upside!