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by papachito 5870 days ago
> Apple's is considered the beginning of things.

Who says that? They could be at the top of their game right now and not see more growth and stabilizing and/or decreasing in the future. There is no way to tell, otherwise you'd be very rich already ;)

> Stock value today isn't based on today, it's based on "tomorrow".

Who says that? Many believe that Apple stocks are overvalued today, that's for sure. Oh, and again, there is no way to tell the future.

3 comments

. There is no way to tell, otherwise you'd be very rich already ;)

Conversely, the aggregate opinion of investors does has some value. Otherwise you could make a fortune betting against any stocks with high P/E ratios.

Many believe that Apple stocks are overvalued today, that's for sure.

Sure. And just as many believe it's undervalued, otherwise the current price would be lower than it is. This is true for any stock.

> "They could be at the top of their game right now and not see more growth and stabilizing and/or decreasing in the future."

In the future, anything's possible. But the future is almost always a function of the past, and current trends indicate anything but a decline in Apple's growth.

Trends reverse, and "this thing is going up forever" trends usually reverse with a huge drops and without a warning.

Check this http://www.davemanuel.com/investor-dictionary/momentum-play-...

Stock price isn't meant to predict the future, it represent trust in the future turning out well for investors.