Apple Stock: I Would Not Buy It Despite The Recent Correction (NASDAQ:AAPL)


Nikada

Apple Inc. (NASDAQ:AAPL), one of Wall Street’s darlings, has no need to be introduced. It is highly popular among investors. However, the AAPL stock price recently corrected somewhat due to lower sales in China and regulatory pressures. Although Apple’s shares are trading off

2015

2016

2017

2018

2019

2020

2021

2022

2023

ROE

44.7%

35.6%

36.1%

55.6%

61.1%

87.9%

150.0%

197.0%

156.0%

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

D/E

1.08

1.43

1.51

1.80

2.41

2.74

3.96

4.56

5.96

3.77

2014

2015

2016

2017

2018

2019

2020

2021

2022

2023

Current ratio

1.08

1.11

1.35

1.27

1.13

1.54

1.36

1.07

0.88

0.99



Source link