Hey a few years back I remember everyone telling me that buying $AAPL+2.8% was nonsense, that it wasn't going to grow anymore. Well 300%... I'm not complaining 🤷♂️ This is a stock I'm probably not going to sell even if I could see that the valuation was already completely nonsense. In fact, it seems to me that it completely defies all conventional methods and rules.
Apple
AAPLOpen $213.81
Day range $211.30 - $215.17
52 week range $164.08 - $220.20
Exactly, the business is unreal and $AAPL+2.8% stock is awesome. I also hold and plan to hold for several years, even decades.
Please don't take this the wrong way, but similar posts/comments just remind me how overpriced the market is and it deserves a decent correction. Even a company of this quality will not avoid a price drop (2018 approx -35%, 2020 approx -30%, 2022 approx -25%, 2x approx -15%). I wish everyone (unrealized) profits, but the price in most cases follows the financial results of the company.
I don't think Apple is this example because profits have not grown 300%. 2022-2018 EPS grew annually by 8.91%, 71.04%, 10.44%, -0.34%, 29.40% and that was helped a lot by the (overpriced) stock buyback of about -20%.
The PE ratio rose from 18.32 to 31.20, while the net margin increased from 22.41% to 25.31%, whether this growth is deserved, let everyone judge for themselves.
Please don't take this the wrong way, but similar posts/comments just remind me how overpriced the market is and it deserves a decent correction. Even a company of this quality will not avoid a price drop (2018 approx -35%, 2020 approx -30%, 2022 approx -25%, 2x approx -15%). I wish everyone (unrealized) profits, but the price in most cases follows the financial results of the company. I don't think Apple is this example because earnings didn't grow 300% (2022-2018 EPS grew annually by 8.91%, 71.04%, 10.44%, -0.34%, 29.40%) and that was helped a lot by buying back (overpriced) shares by about -20%.
The PE ratio rose from 18.32 to 31.20, while the net margin increased from 22.41% to 25.31%, whether this growth is deserved, let everyone judge for themselves.
$AAPL+2.8% 🍏💝
This company is the biggest and best in the world. If this one doesn't grow, nothing will.
Apple is simply Appl, there is no company that can match them, no wonder they make up such a large and substantial part of Berkshire's portfolio.
I'm amazed at how cheap it was during the covid slump, or even before the covid. We can only dream about that now.
Again, I'll join you in agreeing with you. For me, Apple is a great darling. And I'm looking forward to see where VR takes it because even in this I think it will have no competition in time, I'm not shopping now, I don't want to spoil my mediocrity, but I might start anyway because I'll go for the new ATH for sure.