I was watching CNBC tonight and it was the Chartmaster segment with Carter Worth.
After him they had a frequent analyst guest on but I forgot his name.
Anyways the second guest was talking about AAPL and that it's historic pe is about 16 and that he thinks it could even get down to 10 PE?!
So I figured it out and if I'm correct this puts AAPL at a little more than $60?
This would mean about a 60% fall from here.
What's your opinion on this?
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