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Here's Why Apple Stock Is Still Dirt Cheap


Here's Why Apple Stock Is Still Dirt Cheap

A company's stock price reflects investors' collective view of how much money that company will make in the years ahead. Generally speaking, when it trades at a high price-to-earnings ratio, investors expect rapid profit growth.

Conversely, when a company trades at a low P/E ratio, it often means that investors don't expect that company to enjoy rapid earnings growth.

Apple (NASDAQ: AAPL), which is arguably the world's most successful technology company, currently trades at about 15 times expected fiscal year 2018 earnings.

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Source: Fool.com

Apple Inc. Stock

€270.95
0.020%
There is nearly no change for the Apple Inc. stock today. Compared to yesterday it only changed by €0.050.
Currently there is a rather positive sentiment for Apple Inc. with 74 Buy predictions and 7 Sell predictions.
With a target price of 282 € there is a slightly positive potential of 4.08% for Apple Inc. compared to the current price of 270.95 €.
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