BruceBryant
2023-04-12

$Apple(AAPL)$ Apple hit peak of 179.45 in December of 21. Ultimate definition of dead money. The PE is higher today relative to S&P while growth is dead, projected to recover to only 2% in 2025. How can a company sustain a 40% decline in sales of a product that represents 9% of total revenue without its stock correcting sharply to the downside? And the recession is yet to come. Go figure. 8756 reasons to go down, only one or two to rally.

US Stocks Opportunities
Here are a theme that collects the best quality or your most bullish US stocks, Share your thoughts here!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
1