Apple Inc.$317.69(2.83%)

Make a range with 80 % certainty

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dmoney Well-calibrated. Correct 80 % of the time. 4199.01 (edited)
$240 $350 forecast for 2020-12-31

Apple is of course a legendary strong business with super strong moat. People with iPhone and Mac's don't really care about the price, they just are not interested in changing to something else that's cheaper. They are up 100% in the last year and almost 30X from 2008!

Their expected growth is however moderate compared to other tech companies and their pricing of P/E 26 is expensive, but same as the market average. They are trying to capture market shares in streaming etc and this might prove to be expensive, but for a $1 trillion company with $100 billions in cash they can affard burning some cash.

I expect a flat development within a narrower range than I would normally set.

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dmoney Well-calibrated. Correct 80 % of the time. 4199.01
$270 $325 forecast for 2020-02-29

Would be surprised to see Apple stock gain in the coming month. The stock is really fully priced with a P/E of 27

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