D7R

Apple overvalued

NASDAQ:AAPL   Apple Inc
This stock currently peaking in price after weekly upthrust candle.

Earning Yield are the lowest in recent years and Price to Earnings also peaking highs in last5 years. From PE ratios it's massively overvalued stock.

Looking at company income statement over last years is the most stagnant when compared to Microsoft, Google and Amazon. It's amazing that Net income and Revenue been pretty even between last five years (even with decline in capital expenditures) whereas other stock keep growing their revenue and net income consistently.

In a nutshell this company is producing very week performance as compared with last 5 years it's the one growing the least.

Not saying that one should short stock since it's hard to compete with ponzis and the FED printing machine. But at the moment the best approach is seemly to stay out of the stock




D7R
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