BAIDF - United States Vs. Apple: The Winner Could Be You (Rating Upgrade)

2024-03-22 13:37:08 ET

Summary

• Apple Inc. has been sued by the DOJ for alleged monopoly practices and could potentially be forced to break up.
• The stock has dropped 15% since its all-time high, making it a potentially attractive entry point.
• Apple's AI potential and partnerships with Alphabet and possibly Baidu could drive growth and increase its valuation.

Thesis Summary

Apple Inc. ( AAPL ) has recently been sued by the DOJ , which has accused the company of holding a "broad, sustained, and illegal" monopoly over smartphones. There has even been speculation that the Apple company could be forced to break up.

The stock dropped following the news and is down over 15% since its all-time high, which I believe could make for a compelling entry point....

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