How to Play the Battleground Stocks for 2023 & Any Hope for Regional Banks? 12/16/22
CNBC's "Fast Money"
00:00
Is Apple a Good Stock to Buy?
Apple rallied almost 65%, excuse me, 85% from June 2019 into that February 2020 level. Then it went on to rally 180%. And as I mentioned, it's still up 65%. So you bought Apple even at the start of COVID or even pre-COVID at levels that I think had priced in this services business. This software model, this recurring revenue, it's not a hardware company. We know we're going to keep buying these phones, but not at 24 times forward.
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