2min chapter

Forward Guidance cover image

Can Earning Season Save Growth Stocks? | Sam Burns

Forward Guidance

CHAPTER

Apple's Market Cap of Three Trillion Dollars Is Still Positive

Apple ranks pretty much smack in the middle in terms of mayor for the Russell 3000 why is that the case right? The slope has kind of come down some so it was rising steeply up until a few months ago and now it's rising at a much more moderate pace. Price momentum is still pretty good but you look at the multiple it's at 1.3 1.4 times the market multiple which is higher than apple normally trades over the last five years.

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