The Traderszone Network

Published in TZ Latest News 26 August, 2016 by The TZ Newswire Staff

Better Buy: Fitbit Inc. vs. Apple

Fitbit
Image source: Fitbit.

With a market cap approaching $580 billion, Apple (NASDAQ: AAPL) is more than 190-times larger than Fitbit (NYSE: FIT). Apple pays a healthy dividend, derives the overwhelming majority of its revenue from smartphones, and trades at a modest 12.5-times trailing 12-month earnings. Fitbit pays no dividend, sells no smartphones, and trades with a valuation more than twice as rich.

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