Is Apple stock overvalued?

[Southie]

Re: Is Apple stock overvalued?

@arshad5

well it is currently trading at prospective p/e of just over 10, which does not seem very high for a stock that is expected to increase its earnings by by about 15-20% in the next financial year, and will have cash approaching $200 billions.

Now trading at 395!. About 40% lower than when you recommended it about 4 months back. Classics case of believing in 15-20% growth off if high earnings base.

MRket meantime up about 18% over same period. That is a 58% underperformance.

Investing recommendation is one place where it is good to go back and see how various recommendations perform over time.