Apple Inc. (AAPL) Cheap Because It Is Falling Behind On Innovation?
When stock goes down I often refer to it as “being on sale” If it’s high you should only buy if you think it’s going higher. Problem with waiting for stock to bottom out, before entering, is no one can, with certainty, predict the bottom. Personally, I think AAPL at anything less than $100 is a steal (I mean if AAPL weren’t DOOMED!). I like these narratives that Apple can’t innovate. As long as they are the company being copied, and not the company doing the copying they will be fine.