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Dec 22, 2022, 9:09 am553 ptsTrending
MacDailyNews
Apple stock now trades on a forward price-to-earnings ratio of 22, a roughly 21% discount to its historical average. At 16 times forward enterprise-value-to-EBITDA, Apple’s stock trades at a 17% haircut to its historical norm. Apple’s current compelling valuation has caught the attention of Citi’s tech analyst…
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