With the 5G cycle already priced in, the stock doesn't have much upside from here, said top-rated technology analyst Toni Sacconaghi.
Apple CEO Tim Cook delivers the keynote address during the 2019 Apple Worldwide Developer Conference at the San Jose Convention Center on June 03, 2019 in San Jose, California.Apple's stock hasn't been this expensive in a decade, top-rated technology analyst Toni Sacconaghi said.
The iPhone maker is trading at its highest multiple in ten years, which will limit upside from here, he added.is now the most expensive it's been since 2010," said A.B. Bernstein's IT hardware analyst Toni Sacconaghi in a note to clients on Monday.
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