The $2.7 Trillion Question About Apple
CNBC's "Fast Money"
00:00
Should Apple Trade at the Multiple?
Apple is a company that has ways to be very defensive here. People have to allicate capital somewhere, and i think they are putting it into apple. Should anything be trading at 30 times relative to the s m p in this environment? I think that's the debate. The market multiple is compressing and will continue to compress.
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Transcript
