Warren Buffett may not own Apple’s (AAPL) stock, but the consumer technology giant is right up the famed investor’s alley, said Phil Ash, CEO of Baton Investing. ‘Based on his earnings per share projections that have been described in Buffettology, we project that Apple ten years from now will be at $625 per share and of course you have the 1.8% yield as a kicker along the way,’ said Ash. Buffettology is an investing book written by the so-called Oracle of Omaha’s former daughter-in-law Mary Buffett. Shares of Apple are up 6% so far in 2015. Even better is the performance of Ross Stores’ (ROST) stock, which is up almost 16% year-to-date. Ash called the retailer a ‘classic Warren Buffett company’ due to its consistency and earnings growth. ‘Earnings per share have been growing every year for ten years. No negative years, no backtracking on the earnings and we don’t see any reason why that is going to change,’ said Ash.
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