Is Apple the Teflon Tech Stock? And the Latest Moves in the Weight Loss Drug Space 6/26/23
CNBC's "Fast Money"
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Apple: The Tefwan Stock?
Is Apple truly the Tefwan stock? We will ask it again, Guyodami answer once again please. Today clearly it is, but historic go back five years in 2018. Since that point we've seen probably six if not seven, 25 to 40 percent peak to trough decline. At 28 times next year's earnings with single digit EPS growth, single digit revenue growth, margins that are probably flat lining. If not declining, the stock is expensive here.
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