Awesome_derp
2022-02-19

$Apple(AAPL)$AAPL is the largest company by market cap. It’ definitely a safe buy especially during such uncertain times. However, it’s debt to equity ratio at 1.71 is a cause for concern. I would stay at the sideline at the moment, since the coming interest rate hikes would definitely affect companies wirh high debt adversely

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Comments

  • kiekie
    2022-02-21
    kiekie
    Apple once had no debt, but later, in order to buy back and pay dividends, it continued to issue bonds for financing. If the Fed raises interest rates sharply, it will have a great impact on Apple.
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