$AAPL was like $100. not long ago and now it's $500.
$TSLA was $250. Now closing in on $2100.
These are like Penny Stocks for the Billionaires.
Their Pennies that they pump up like Penny Stock moves.
Valuations are meaningless for now.
Bubble keeps getting BIGGER and BIGGER
AAPL is trading at 37 PE, perfectly legit fundamentals. If it was TSLA which is 1,037 PE, then I would say AAPL’s valuation in meaningless, AAPL still has plenty of momentum and room to grow