Does a Bottom for Apple Mean a Surge for the Markets? 05/13/22
CNBC's "Fast Money"
00:00
Apple Is Not Impervious to Valuation
Apple has room up to one 60, which would be a 50 % retracement of yesterday's low in the all time high. But apple is not impervious to valuation and quite frankly, it 25 times next year's numbers, it's still an expensive stock. So until that gets down to a more reasonable valuation, i don't think it's over by any ato.
Play episode from 03:20
Transcript
