Forget Apple: This Other Buyback Stock Soared 28% Over the Last Year, and Could Be Headed Even Higher
Apple made headlines following its announced $110 billion share buyback, but another company also buying back stock may be the better opportunity.Earlier this month, iPhone maker Apple turned heads after announcing a $110 billion stock buyback. On the surface, this looks like great news for investors. However, I see the latest buyback as a way to distract investors from the operational challenges Apple faces. Investors may be finally getting fed up, as shares of Apple are modestly down over the last year.An ...