News Headlines

The Rally in Apple Inc. Stock Is About to End


The Rally in Apple Inc. Stock Is About to EndShares of Apple Inc. (NASDAQ:AAPL) have rebounded sharply off the post earnings drop, gaining nearly 15% off the Feb. 9 intra-day low of $150.24. Lackluster fundamentals and tired technicals, however, will likely staunch any further upside in AAPL stock. AAPL stock is also no longer a deep value stock, fast approaching a price-to-earnings multiple of 18, which has been a ceiling over the past five years.





Read Full Story >>>>