CRAYON
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Business first reported 49m ago by CNBC · updated 35m ago

How Apple became the safe ‘Costco’ of tech. Bernstein says keep buying

CRAYON summary

CNBC reports that Apple's status as a safe haven has pushed its valuation multiples to all-time highs, putting the company in line with some high-quality consumer stocks. The piece compares Apple to Costco as a "safe" name in tech. It says Bernstein recommends continuing to buy the stock.

Based on CNBC's report - only one outlet has covered this so far. Read the original.
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  1. CNBC FIRST 49m ago How Apple became the safe ‘Costco’ of tech. Bernstein says keep buying

    Apple's safe have status has driven its multiples to all-time highs, bringing it in line with some high quality consumer stocks

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