|Day's range||31.03 - 32.57|
Apple is joining fellow tech giant Amazon in embracing the theatrical experience — but for a hefty price.
The popular device isn't driving growth like it used to, and it's apt to continue slowing down.
The thing is, for years investors have run to Apple (NASDAQ: AAPL) for safety, and for good reason. Apple is a great company, but its current valuation and lack of growth in 2023 does not make the stock that compelling at these levels.