Apple Falling Is Proving The Law Of Gravity

Sep. 30, 2022 2:16 PM ETApple Inc. (AAPL) StockAAPL47 Comments
Danil Sereda
Investing Group Leader

Summary

  • Apple stock proved quite resistant to the sell-off that has been taking place on the stock market since November 2021.
  • AAPL is arguably the most expensive mega-cap tech company by valuation, with the possible exception of Amazon's multiples.
  • Considering the whole range of risks, which apply to all companies without exception, Apple at the moment is still breaking the law of gravity, so to speak.
  • I'm decomposing BofA's most recent report with AAPL's downgrade. I see no discrepancy with the logic of the analysts' take.
  • If you look at Apple's technical picture, it has little chance of showing a recovery sufficient to offset all the risks a potential investor is taking on.
  • Looking for a helping hand in the market? Members of Beyond the Wall Investing get exclusive ideas and guidance to navigate any climate. Learn More »

Apple splashing in water

Rob Daly

Intro & Thesis

You are now reading my third SA article on Apple Inc. (NASDAQ:AAPL). Previously, I expressed the opinion that the company was basically quite promising for investors in the long run due to the strength

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This article was written by

Danil Sereda
12.81K Followers
Daniel Sereda is chief investment analyst at a family office whose investments span continents and diverse asset classes. This requires him to navigate through a plethora of information on a daily basis. His expertise is in filtering this wealth of data to extract the most critical ideas. He runs the investing group Beyond the Wall Investing in which he provides access to the same information that institutional market participants prioritize in their analysis. Learn more.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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