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Stan in The Globe & Mail

Stan Wong’s Top Three Stock Picks

June 26, 2015

Apple shares continue to look attractive, trading at a 13x forward price-earnings multiple with an expected 15-per-cent long-term earnings growth rate – giving the shares a price/earnings to growth (PEG) ratio below 1.0. The company has an enviable balance sheet, with some $194-billion (U.S.) in cash – allowing for a recent announcement of a $140-billion share repurchase program and an 11-per-cent dividend increase.

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