ðĐare raised when share buybacks bought at 28 PE multiple
Red flags ðŧðĐ are raised when Mega Caps go overly aggressive with buybacks and increased dividends to with the Price to Earning Multiple being 28 . The company's high Debt to Equity ratio that is higher than 1.4 is quite high in a time of lowering sales
Apple âs announcement of its largest-ever $110 billion share buyback has sparked a debate among investors.
Warren Buffet has sent his message by offloading Apple shares.
Mediocre Results
This news came despite poor top-line results. Revenue fell 4.3% from $94.8 billion a year ago to $90.7 billion for the quarter ending March 31, 2024. Moreover, its operating income was down 1.48% to $27.9 billion.
Are you shorting?
We have set out FIB downside price targets
Apple âs announcement of its largest-ever $110 billion share buyback has sparked a debate among investors.
Warren Buffet has sent his message by offloading Apple shares.
Mediocre Results
This news came despite poor top-line results. Revenue fell 4.3% from $94.8 billion a year ago to $90.7 billion for the quarter ending March 31, 2024. Moreover, its operating income was down 1.48% to $27.9 billion.
Are you shorting?
We have set out FIB downside price targets