Nasdaq Inc.: Is It Time to Sell This Warren Buffett “Magnificent Seven” Stock Before 2024?
From Nasdaq Inc.:
The article suggests that it might be a good idea to sell Apple stock before 2024 based on several factors. The author brings up the idea of an unfavorable investing setup due to Apple being a mature company with declining revenue growth. The current high price-to-earnings ratio is also mentioned as a sign of an overvalued stock, and it is noted that Warren Buffett and Berkshire Hathaway might be keeping their stake in Apple for reasons such as dividend payouts, tax burdens, and a lack of better investment opportunities. The author cautions individual investors to think independently and consider selling Apple stock based on the facts presented. It is also mentioned that The Motley Fool Stock Advisor analyst team did not include Apple in their list of 10 best stocks for investors to buy now.
Original: Is It Time to Sell This Warren Buffett “Magnificent Seven” Stock Before 2024?