Reconstructing Apple Earnings, Including iPhone [View article]
Here's the problem. The stock market has ALWAYS come down to what P/E ratio are people willing to buy? In this market, it seems people are only willing to buy PE ratios of 10-15. In a normal market, 15-25 is the usual number. So until investors are willing to buy higher P/E ratios, Apple stock is stuck. The good news is that the stock will skyrocket very quickly once the mindset changes.
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Here's the problem. The stock market has ALWAYS come down to what P/E ratio are people willing to buy? In this market, it seems people are only willing to buy PE ratios of 10-15. In a normal market, 15-25 is the usual number. So until investors are willing to buy higher P/E ratios, Apple stock is stuck. The good news is that the stock will skyrocket very quickly once the mindset changes.
Oct 28 14:32 pm
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All Comments by zmonster »Reconstructing Apple Earnings, Including iPhone [View article]
see:
www.comstockfunds.com/...