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Technology Stocks : Apple Inc.
AAPL 273.67+0.6%3:59 PM EST
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From: NAG17/17/2024 11:04:52 AM
1 Recommendation

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Stock Puppy

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Apple down about $7 a share as I am writing this. Probably just a lot of profit taking. PE is still somewhat rich at 35. But with improving iPhone sales in India, and possibly China as well, and the promise of a start of a new upgrade cycle because of AI, not just with phones but other devices as well, some of the new PE is warranted, IMO. Apple was setting new highs almost every day of the past 2 weeks, so a little(or big) pullback is not unheard of.
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