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home / news releases / BBY - Apple Is A Sell

BBY - Apple Is A Sell

Best Buy Co. Inc.
  • After tripling since early 2019, I think Apple shares now have more downside than upside.
  • The categories of iPad, Mac, Wearables, Home and Accessories beat expectations in the past quarter, but could disappoint in future quarters.
  • Share repurchases that have driven EPS gains in the past few years will have less of an impact going forward because of the current high valuation.
  • Expectations for FY21 and the current 5G iPhone upgrade cycle are already high and could disappoint.

For further details see:

Apple Is A Sell
Stock Information
Company Name: Best Buy Co. Inc.
Stock Symbol: BBY
Market: NYSE
Website: investors.bestbuy.com
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