Is Apple fairly valued? (video)

From Friday’s CNBC Halftime Report: “Apple is the bellwether of the FAANG stocks“:

Shannon Saccocia, Boston Private Wealth chief investment officer, and Degas Wright, Decatur Capital Management chief investment officer, joins ‘Fast Money Halftime Report’ to discuss the tech trade and and investors should do to prepare for the market going forward.

My take: Even self-professed long-term investors talk like day traders on cable TV.


  1. Gregg Thurman said:
    Sustained and sustainable FREE CASH FLOW is the valuation God.

    Multiples only measure investor sentiment and should not be a part of the valuation discussion.

    NOBODY throws off as much FREE CASH FLOW as Apple.

    September 11, 2020
  2. Jerry Doyle said:
    Enjoyed the discussion on the video and agree with the comments above.

    Shannon is correct that Apple has in this environment of COVID-19 fundamental tailwinds driving the stock price higher during the fall, winter and holiday periods. Degas Wright says what we all know poignantly: this pullback is a buying opportunity for more Apple shares.

    I agree with Joseph that much of this sale-off is folk taking profits off the table, and evidence exists to substantiate that perception.

    I feel very, very, good about Apple going into the fall, winter and holiday periods. I believe that we are going to see Apple soon, by the end of the year, blow past its’ ATH. Apple’s performance is going to be an unmitigated success in the next two years and, beyond.

    September 11, 2020

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