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. There is no way to tell, otherwise you'd be very rich already ;)

Conversely, the aggregate opinion of investors does has some value. Otherwise you could make a fortune betting against any stocks with high P/E ratios.

Many believe that Apple stocks are overvalued today, that's for sure.

Sure. And just as many believe it's undervalued, otherwise the current price would be lower than it is. This is true for any stock.



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