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Bank of America: Apple’s swoon is ‘enhanced buying opportunity’

  • Bank of America views the recent decline in Apple's stock price as an 'enhanced buying opportunity'.
  • The stock's forward price-to-earnings ratio falling below 25x makes it a compelling risk/reward option.
  • Apple's stock has historically delivered positive returns after dips below 25x forward P/E.
  • Apple remains well-positioned to benefit from long-term tailwinds in edge-based AI computing.

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