đ©are raised when share buybacks bought at 28 PE multiple
Red flags đ»đ© 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