Here's Why It's Time to Follow Warren Buffett and Sell Apple Stock
Apple is trading like a stock that is growing its revenue and earnings much faster (like back in 2021), but it isn't doing that and isn't projected to do so anytime soon. Per Wall Street analysts' estimates, Apple will grow its earnings by the following amounts over the next few years:
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53% of Warren Buffett's $309 Billion Portfolio Is Invested in These 3 Unstoppable Stocksas well as provided a hearty lift to Apple's earnings per share. The reason Warren Buffett tends to gravitate to ...
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Warren Buffett refuses daughter's loan request, insists on a bank loanOne of the richest people in the world, Warren Buffett, told his daughter, who asked him for a loan to renovate her kitchen, ...
Some of the best investors in the world find success through what others may view as a risky strategy: high portfolio ...
Buffett sold large stakes in Bank of America and Apple, boosting his cash reserves. He may focus on investing in the ...
Warren Buffett is considered by many as one of the ... Since Berkshire's sitting on a substantial capital gain from its Apple investment, he decided to take some money off the table and pay ...
Those figures give a PEG ratio of 3.9, a substantial premium to three-year average of 2.6. The sky-high valuation may explain why Warren Buffett slashed his stake in Apple.
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