Apple: Unloved Stock

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About: Apple Inc. (AAPL)
by: Stone Fox Capital
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Summary

Apple analysts tell a bullish story, while the average analyst price target is actually bearish at $264.

The stock has seen multiple expansions, but Apple hasn't closed the gap with the other tech giants.

Despite the rally, the stock trades at ~17x EV/FY21 EPS estimates.

By all metrics, Apple is not a loved stock while trading at all-time highs.

Over the last few weeks, a parade of analysts have come out bullish on Apple (AAPL) giving the market an impression of an analyst base overly bullish when the stock is at all-time