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I know this is FUD but I get spooked by massive returns without anything magnificent or game changing behind them. How much of this is riding the recovery from

I know this is FUD but I get spooked by massive returns without anything magnificent or game changing behind them. How much of this is riding the recovery from last year's trade war uncertainty, and how much is this people banking on Apple TV+? Especially with declining iPhone sales and imo, decline in the quality of their products/services, potential regulatory issues depending on the election... that 66% is really spooky.

jstsch 7y ago
Apple was undervalued.
- ActorNightly 7y ago
  How so?
  - alteria 7y ago
    Definitely not a finance expert, but their forward P/E ratio was lower than their peer group.
    - cellular 7y ago
      Peer group evaluation bubble is a thing. Peer group ipo evaluation bubble is also a thing.
strikelaserclaw 7y ago
Certain stocks are more hype driven than anything. Tesla, Apple, Netflix etc... A couple of bad things happen and watch the stock fall pretty fast, a couple of good things happen and watch the stock rise up really fast. I think for some of these companies stocks don't really measure anything other than hype. Beyond Meat is a good example, stock price went crazy cause "revolutionary meatless concept", started from $40 dollars and went to like $200 bucks in a month or two, now hype has died down, its back down to $80. It is still a solid company judging by their earnings report but people have now lost faith because the hype died down.
- Pumpmaster6000 7y ago
  Apple is worth something like 1.1 trillion dollars , I assure you there is more to it than hype