Today's Above Avalon email includes the following stories:
- Apple Valuation Metrics
- WSJ's Odd Stance on Apple Taxes
- Huawei to Expand in U.S.
We begin today's email with a look at current AAPL valuation metrics. We also compare Apple's stock valuation to the overall market and various sectors. The discussion then turns to the WSJ arguing the new U.S. tax bill targets tech companies' strategies of booking profits offshore. The WSJ's claims don't sit well with me. We conclude with news of Huawei looking to expand its presence in the U.S. smartphone market.
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