If you loved Apple’s stock above $700 in September, and you believe the fundamental case hasn’t changed, you should love it even more now, closer to $500. But while bulls – and Wall Street analysts – can point to a cheap earnings multiple to argue the stock is inexpensive at current levels, there are other ways to view the company that tell a different story.
If you loved Apple’s stock above $700 in September, and you believe the fundamental case hasn’t changed, you should love it even more now, closer to $500. But while bulls – and Wall Street analysts – can point to a cheap earnings multiple to argue the stock is inexpensive at current levels, there are other ways to view the company that tell a different story.
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