Apple ($AAPL) surge (up 70% YTD)

by daynightcase

Beside the stock split, which fundamentally adds no value to the company yet it added half a trillion $ to its valuation. What is driving this insane rally?

AMZN ~+73% (YTD)

AAPL ~+70% (YTD)

MSFT ~+30% (YTD)

theoretically MSFT, AMZN and all the software service companies would be the most beneficiary in the last 6 month because of the COVID. However, AAPL actually doubled in valuation. Their revenue hasn’t grown to justify this price levels, so what gives? AAPL isn’t a meme stock like TSLA, so i am genuinely surprised. Is Apple overvalued or AMZN and MSFT undervalued?

 

Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence or consult your financial professional before making any investment decision.

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