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Apple Stock May Become Burden

AppleToday’s article explains why Apple may be headed face-first into history repeating trouble. Here’s what they had to say, “The first warning sign is coming. Shares of Apple are now trading for 17.2 times its diluted earnings per share over the past year, according to data from S&P Capital IQ. That’s very close to the 18 times valuation that’s been a problem for the stock twice before. Not just a little problem – but a big one. It was shortly after hitting 18 times diluted trailing earnings that Apple stock completely fell apart in Oct. 2012.” To read more, CLICK HERE.