Synaptics is down this year, dramatically underperforming other chip stocks, but it could be really cheap right now.
With a market cap well above $2.5 trillion, some investors might wonder whether any fuel is left in Apple's (NASDAQ: AAPL) growth tank. The company has delivered market-beating returns in the past 15 years, but the unveiling of new iPhone models has lost much of its appeal, and the company's innovative smartphone remains its biggest cash cow. There is some legitimacy to this argument, but there are also good reasons to believe that Apple is still an excellent pick for growth investors, or income seekers for that matter.
(Bloomberg) -- Greetings from New York City, where it now appears impossible to buy a submersible water pump to drain a flooded basement after last week’s freak flash flooding. Take note, climate change entrepreneurs! Business opportunities would rise if New York City regulates illegal basement apartments, in which dozens of people have died in similar, recent downpours. Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hour