Apple's iPhone Duo and AI Advances Fuel Stock Surge, But Overvaluation Looms

Apple's recent product unveilings have captured investor attention, particularly with the debut of its iPhone Duo foldable and upgraded Apple Watch lineup.

The features include leasing options and advancements in artificial intelligence, which have propelled Apple's stock performance.

In the past 30 days, Apple's stock has seen an 8.6% return, while over the past 90 days, it has surged by 22.5%, driven by enthusiasm for the iPhone Duo and AI-related updates.

However, analysts suggest that Apple may be 20% overvalued, with a fair value calculated at $279.99 based on growth and profit margin expectations.