The Chaikin Power Gauge RatingTM for this Apple Inc. $AAPL stock report is very bullish due to very strong earnings performance and very positive expert opinions. The rating also reflects poor financial metrics. AAPL’s earnings performance is very strong as a result of high earnings growth over the past 3-5 years and better than expected earnings in recent quarters.
Financial Metrics Rating – Bearish 
AAPL’s financial metrics are poor. The company may be overvalued and has relatively low revenue per share. The rank is based on a low long-term debt to equity ratio relative to its industry group, high price to book value ratio, high return on equity, high price to sales ratio and relatively high cash flow.
Earnings Performance Rating – Very Bullish
AAPL’s earnings performance has been very strong. The company has a history of strong earnings growth and has outperformed analysts’ earnings estimates. The rank is based on high earnings growth over the past 3-5 years, better than expected earnings in recent quarters, an upward trend in earnings this year and consistent earnings over the past 5 years.
Price/Volume Activity Rating – Neutral
Price and volume activity for AAPL is neutral. AAPL has outperformed the S&P 500 over 26 weeks and is in a decelerating price trend compared to 4 months ago. The rank for AAPL is based on its price strength versus the market, a positive Chaikin price trend and a negative Chaikin price trend ROC.
Expert Opinions – Very Bullish
Expert opinions about AAPL are very positive. Analysts are raising their EPS estimates for AAPL and shorting of AAPL is low. The rank for AAPL is based on analysts revising earnings estimates upward, a low short interest ratio, insiders not purchasing significant amounts of stock, optimistic analyst opinions and price strength of the stock versus the Computer-Office Equipment industry group.
