Apple Stock Valuation Unreasonable, It's a 'Shrinking Company': Expert
Apple's stock has taken a hit in recent weeks due to a partial iPhone ban in China, but some experts have stayed bullish on the tech giant.
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Apple's stock has taken a hit in recent weeks due to a partial iPhone ban in China, but some experts have stayed bullish on the tech giant.
Apple's stock has taken a hit in recent weeks due to a partial iPhone ban in China, but some experts have stayed bullish on the tech giant.
The markets have been exhibiting some wobbly tendencies recently, with the strong rally seen in the first half of the year appearing to have wilted a bit under the summer sun. Fear not, however, appears to be the advice of one prominent stock picker. With US inflation falling to 3% recently compared to last summer’s 9%, and with GDP growth in the last quarter coming in at 2.4%, famous value investor Bill Miller, whose net worth is valued at $1.4 billion, thinks the rest of the year looks pretty
If inflation slows to 2%, earnings remain strong and a recession doesn't hit, that would justify a much higher valuation for stocks, Bill Miller said.
The son of legendary value investor Bill Miller appeared on CNBC’s "Closing Bell" Wednesday to discuss the transition in ownership at Miller Value Partners…