I don't know what to say...closed at almost $134.18 today (536.72, pre-split). It is now a way outsized portion of my portfolio (as far as how much of of one's portfolio should be in one stock). Any rationale part my brain is drowned out by the greedier part, LOL. We haven't even got to the new phone releases coming up...
I don't know what to say...closed at almost $134.18 today (536.72, pre-split). It is now a way outsized portion of my portfolio (as far as how much of of one's portfolio should be in one stock). Any rationale part my brain is drowned out by the greedier part, LOL. We haven't even got to the new phone releases coming up...
I tend to be numbers focused. As a 2t company it is about 40x current annual earnings rate. Not outrageous. But there is one big problem.
How much can a 2t company grow?
Assuming the company holds the same margins it has to double sales to get to 20x PE
.
I tend to be numbers focused. As a 2t company it is about 40x current annual earnings rate. Not outrageous. But there is one big problem.
How much can a 2t company grow?
Assuming the company holds the same margins it has to double sales to get to 20x PE
I will never know the rationale of why they chose to split at this time but it doesn't make me comfortable.
Cheers!
AAPL kills it again. It will be interesting to see how this market responds today.
https://www.cnbc.com/2022/01/27/apple-aapl-earnings-q1-2022.html
+1Pre marlet AAPL is up almost 3%. It's 20% of my portfolio because I believe strongly in the CEO, their products and services and the long term growth oulook.
Everything is over valued, my as well own the one company that actually consistently provides value.