Apple Stock Slump Blamed on Valuation
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AppleThe Motley Fool
•1 Stock I Wouldn't Touch With a 10-Foot Pole, Even After the Market Sell-Off Dropped Its Price
72% Informative
Apple (NASDAQ: AAPL) stock dipped during last week's sell-off to nearly 12% off its 2024 high.
Since the start of 2022 , Apple has struggled to post double-digit revenue growth.
At 32 times forward earnings estimates and 33 times trailing earnings, the stock is as expensive as it was in early 2021 .
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