Yes, Apple tends to be good at doing what it does. However, at its current valuation, how can anyone take it's stock seriously.

A cursory look at the company's relative price multiples shows me that I would think people would be running away from the stock, because it is way, way overvalued.

I don't mind growth stocks at a reasonable price, but this is really ridiculous. I mean, a market cap touching $4 trillion?

Really?

I’m totally new on the topic so I’m open to whatever advice will come in the comments.

I see apple down around 8% from the start of the year, and I wonder if it’s a good time to buy rn.

I believe it’s down for the delay of apple intelligence and the duties promised by trump for the iPhones not made in the usa (feel free to correct me if I’m wrong).

But imo there are still plenty of ways in which apple can get back, the main being with the release of apple intelligence since it’s delayed and not cancelled.

I also heard that p/e is very low rn (even tho I’m not sure what that exactly means) but it seems to be a nice indicator to buy.

Let me know, thanks in advance :)