Alphabet has an attractive valuation, but is a 'show me' stock, says BakerAvenue's King Lip

King Lip, BakerAvenue Wealth Management chief strategist, joins 'Closing Bell' to discuss reports that Apple is canceling its work on an electric car and shifting to generative AI.

[@nightknight9415]

Any vehicle from Apple would have been a disaster...

[@Rikimkigsck]

Apple is so expensive and their growth has slowed down drastically

[@CorporateShill66]

$120

[@AkashSingh-ox5js]

$90

[@briantep458]

they will return to growth but next 12 months it will underperform

[@MOBMJ]

its not expensive if you are going to hold it for a long time

[@Rikimkigsck]

@@MOBMJ I reduced my allocation to 3% from 8% this month. To be honest with interest rate coming down I want to increase my exposure to rate sensitive stocks at the moment.

[@nimahatami1620]

2021 EV Hype: Apple builds car => stock is up!
2024 AI Hype: Apple builds AI => stock is up!
OK. 😅🤡

[@limestreetlab]

nonesnse