I myself have said several times that Apple should not (only) be called a value company, but rather still a growth company. My intention was to show that the P/E ratio was way to low and that the growth could justify a much higher P/E ratio. But that doesn’t mean that I deny Apple the hallmark of a value company. On the contrary, Apple has a huge moat. And I believe that this moat will bring a lot of value for long-term investor. This makes the best possible combination. A growing business that is backed up with so much value is hard to find. Therefore, I am extremely bullish for Apple.
Doubled price in the past year. Would you buy AAPL now?