No, because it's still not . You confuse now, for long term
Posted on: August 23, 2018 at 10:08:14 CT
RHAYWORTH MU
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Namely, despite a huge pile of cash it doesn't pay much of a dividend.
So, you have to count on continued growth.
It's already at a PE ratio 18.6.
Simply put, you're putting your faith into a giant tech company to keep growing to not only justify current worth, but any increases.
You've bought the vaporware promises apple's made.
I haven't.