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Is Apple stock a major buy?

With momentum like this, Apple is a stock worth owning. But is it a buy at the level it's at today? Image source: Getty Images. Unfortunately, Apple's current valuation is still very pricey -- even after the stock's downturn. The company is trading at more than 33 times earnings. But Apple stock arguably deserves a frothy valuation.

When will Apple stock split again?

The shares will be distributed to shareholders at the close of business on August 24, and trading will begin on a split-adjusted basis on August 31. Apple on Thursday announced in its fiscal third-quarter earnings that the Board of Directors has approved a four-for-one stock split.

How much does Apple stock cost?

Apple stock had a solid 2021, rallying by almost 39% year-to-date, trading at all-time highs of about $180 per share, valuing the company at close to $3 trillion. This compares to the S&P 500 ...

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