Apple Just Announced a $110 Billion Stock Buyback. Here’s Why I Still Wouldn’t Buy the Stock.
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Earnings season is in full swing, and all eyes are on the “Magnificent Seven” stocks. Apple (NASDAQ: AAPL) just hit the earnings tape with one major headline: a $110 billion stock buyback authorization. This is a notable announcement, as it marks the largest share buyback in U.S.
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