Dear Reader,
Apple is currently valued at 2.08 trillion USD by investors on the NASDAQ bourse.
I estimate Apple's true value is around 1.6 trillion USD or Price/Sales of 4 and Price/Earnings ratio of around 15 which better reflect Apple's future potential.
The whole stock market and technology stocks especially are a bubble inflated by central banks' money printing and retail investors' greed. Apple's market capitalization is also artificially inflated.
S&P 500, DJIA and Nasdaq could fall by 30%, 25% and 40 % respectively in the next 2-3 years as central banks start to withdraw the monetary support for the economy scared off by rising price levels or inflation.
Technology stocks will be hurt the most, while value stocks like regional banks, universal banks and energy and commodities producers and industrial companies will perform relatively better.
Technology value stocks like Apple, Intel, Amazon and Microsoft will also outperform the Nasdaq composite and fall less than the Nasdaq composite index.
Disclaimer: The blogposts and comments on this blog and posts on social networks(Twitter, LinkedIn, Facebook etc.) are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is".
Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blogposts on this blog and posts on social networks.
Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blogpost and posts on social networks(Twitter, LinkedIn etc.)!
Respectfully yours,
Petar Posledovich
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