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Technology Stocks : Apple Inc.
AAPL 278.79-0.7%3:59 PM EST

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Moonray
Stock Puppy
To: Ryan Bartholomew who wrote (170673)6/9/2014 3:46:13 PM
From: Art Bechhoefer2 Recommendations  Read Replies (1) of 213173
 
this psychology will drive the price up, but at best that's a temporary phenomena

The price–earnings ratio of AAPL has for years been below the growth rate, and also compared to many other tech stock P/Es. If there is one lasting psychological effect, it's probably that the P/E will go up to a level consistent with other tech stocks that have similar growth rates.

Art
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