Is Apple Stock's 29.63X PE Still Worth it? Buy, Sell, or Hold?

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Apple (AAPL) stock is currently considered overvalued with a forward P/E of 29.63X, higher than its sector and peers. Despite strong performance driven by iPhone sales, new MacBook launches, and a robust Services segment, the company faces intense competition in the PC, smartphone, and AI markets. Analysts recommend a “Hold” rating due to its stretched valuation and competitive landscape.

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