Apple Stock Too Pricey? Analyst Warns Of Rising Competition, Tariff Risks, Favors 2 Tech Giants
1. Needham analyst downgrades AAPL from Buy to Hold amid multiple headwinds. 2. Competition, valuation, and tariffs threaten Apple's revenue and earnings stability. 3. Apple's valuation is 50% above its 10-year average, raising concerns. 4. Growth estimates show AAPL lagging behind Alphabet and Amazon significantly. 5. Tariffs could reduce AAPL's earnings by 80 cents per share within a year.