AAPL - Case Study on Herd Mentality & Power of Sentiment

AAPL was undervalued in Jan 2019 at 12 times earnings for a dominant world leading company with Billion Plus loyal customers and reasonable growth prospects. But today at $300 per share at 25 times past earnings and 22+ times forward earnings returns for today’s investors are certain to be moderate or mediocre. 

Sentiment and Heard Mentality is such that who knows what stock price does in 2020. One thing is for sure that when a Global Champion leadings company runs into short term issues and sentiment terms very negative it’s a great opportunity to buy and hold for long term. 

FB in 2018, GOOGL in 2018/2019, possibly BA in 2020 could turn out to be the same.