Apple: The Ultimate Capital Return Play (Rating Upgrade)

Apple (NASDAQ: AAPL ) has seen an almost 20% decline in its valuation in the last several weeks, due to investor concerns about the potential for a prolonged trade war between the U.S. and other countries. Apple is alsoAnalyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG, AAPL, AMZN, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alph ...