Apple is currently really gaining momentum and is able to build one high after the other. The stock is currently trading at $179.45.
Apple Inc. is a U.S. hardware and software developer and a technology company that develops and sells computers, smartphones, and consumer electronics, as well as operating systems and application software. Apple also operates an Internet distribution portal for music, movies and software.
Apple is already the world’s most valuable company by market cap, but now the tech giant can go one better: The tech giant can become the first company ever to break the valuation barrier of three trillion dollars. The share is only a few percentage points short of this.
With a profit margin and growth of around 30 percent, Apple offers a very well-balanced risk-return ratio without having to forego growth: “A half percent dividend yield and share buyback programs provide additional protection for the share price. With a P/E ratio of 30, Apple also seems relatively fairly valued. The biggest risk probably lies in the simmering China conflict, but here CEO Tim Cook recently scored a temporary success by buying the CP’s favor with a pledge of significant investment in China.”
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