Apple $AAPL is up 2.6% today, and it looks like the stock has received a fresh dose of positivity after the new CEO took over.
However, after the drop following the latest results, the price has not yet returned to its previous levels. But the chart setup looks very bullish. Could we see prices around $340 in the coming days?
Many investors are debating, and we discussed it on today's stream (https://www.youtube.com/@Bulios_com), that Apple is simply no longer interesting to them from an investment perspective.
I would only half agree here. If you already hold Apple in your portfolio, apart from taking profits, I see no direct reason to sell. But if an investor does not hold Apple, the current valuation and pricing are quite high for entering a position. It depends on what prevails for each person—vision or rationality.