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Is Apple Stock a Buy at $350?

TheMotleyFool

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As the overall market rebounds, shares of Apple (NASDAQ: AAPL) have not only bounced back but have also roared to a new all-time high above $350. Investors have cheered the company's ongoing transformation to a business model that is less dependent on product sales and more so on higher-margin services offerings.

With the tech company's stock up an incredible 85% over the past 12 months, many investors are likely wondering if the stock is still a good buy.

Here's a look at the stock's valuation and its underlying business as investors consider whether the iPhone maker's shares are a buy, sell, or hold.

Source Fool.com

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