Both stocks carry reasonable valuations, no more than 20 times earnings, with Apple nearer 18, just above the market’s number. “Come on down Big Red, come on down.”Read the Street jockeys’ music sheets on Amazon and Alphabet. Still, it’s a critical metric because operating cash flow is the wherewithal to invest in old and new business initiatives. Unlike Alphabet, Amazon is not run for its employees. Sosnoff and / or his managed accounts own: Amazon, Alphabet, AT&T, Microsoft, Apple and Boeing.
Source: Forbes October 31, 2018 17:32 UTC