If you are wondering whether Apple at around US$248 per share is still a fair deal or starting to look stretched, you are not alone.
The stock is down 3.8% over the last week and 8.8% over the last month, although it is still up 11.5% over the past year and 75.1% over three years, with a 5 year return of 86.1%.
Recent headlines around Apple have continued to focus on its position as a major US tech company, with recurring attention on its products, ecosystem and role in global equity indices. These stories often shape how investors think about long term growth potential and risk, which can help explain shifts in sentiment around the share price.
