Apple isn’t priced for a recession

Apple’s shares are currently valued at 21 times forward earnings, a 38% premium to the S&P 500. (Photo: AFP)Premium
Apple’s shares are currently valued at 21 times forward earnings, a 38% premium to the S&P 500. (Photo: AFP)
 wsj 3 min read . Updated: 22 Jun 2022, 05:39 PM IST Dan Gallagher, The Wall Street Journal

The battered stock has still outperformed many tech peers even as consumer spending looks poised to decline

 

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