Apple's Record Quarter Won't Save You From Overpaying

In my last update on Apple Inc. ( AAPL ), I said investors should hold the stock. My reasoning was that Apple’s business itself looked strong, but the bigger picture wasn’t so friendly. Interest ratesI focus on producing objective, data-driven research, mostly about small- to mid-cap companies, as these tend to be overlooked by many investors. From time to time, though, I also look at large-cap names, just to give a fuller sense of the broader equity markets.Analyst’s Disclosure:I/we have a beneficial long ...