Apple has been rewarded with a premium valuation relative to the Nasdaq 100 that sits well above the iPhone maker’s average over the past decade, according to data compiled by Bloomberg. Yet at 23 times profit projected over the next 12 months, it’s still less than half the price of Tesla.
Vijay Kedia trims stake in Global Vectra in March quarter. Here’s how this smallcap stock has performed
Ace investor Vijay Kedia reduced his stake in Global Vectra Helicorp to 4.86% in Q4FY24. The move reflects profit-booking amid weakness in smallcap stocks. Despite