Even though Apple (NASDAQ: AAPL) stock dipped during last week's sell-off to nearly 12% off its 2024 high (at Tuesday's close), that wasn't enough to make me want to buy  it.

So why am I sour on a stock that so many others are bullish on? It all has to do with valuation.

If you live in the U.S., chances are you either own an iPhone or other Apple product, or know someone who does. Apple is a little less dominant worldwide, but is still a highly recognizable and popular brand.

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Source Fool.com