Bank of America stated that the recent decline in Apple’s stock price presents an “enhanced buying opportunity,” noting that the stock’s forward price-to-earnings ratio has fallen below 25x, offering a compelling risk/reward profile at this reduced level.
Sub-$170 AAPL seems like an absolute gift to us, but, as always, do your own diligence. Trying to hit it at its absolute bottom is like trying to win the lottery while being stuck by lightning. Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Bank of America: Apple’s swoon is ‘enhanced buying opportunity’ appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Tuesday, April 8, 2025
Bank of America: Apple’s swoon is ‘enhanced buying opportunity’
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