Apple’s business seems to be firing on all cylinders, but is the stock
too expensive?
Following a huge run-up in 2019 and the first half of 2020, shares of
Apple (NASDAQ: AAPL) have taken a breather recently. The tech stock is
down 17% from an all-time high of about $138 this summer.
Is weakness in the tech giant’s stock a buying opportunity? Or should
investors hope for an even bigger sell-off before they take a position in
the iPhone maker?
iPhone 12, 12 Pro, and 12 Pro Max. Image source: Apple.
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