Apple Stock Isn’t Recession Proof. Why It Could Have a Tough Time.

I’ve generally been about the outlook for Apple stock (ticker: AAPL). But when I assess the situation now, I see reasons for concern—growth is slowing, and might go negative, and valuation is elevated. Apple shares look vulnerable. The stock is down about 15% this year. That would be a bummer in most years, but in a tough stretch for tech, Apple has outperformed its peers, and by a wide margin. (MSFT) is off 31%, (GOOGL) is down 35%, (AMZN)... + full article