Is Apple a Top Tech Stock to Buy Now?

Apple has delivered strong 2026 performance with a 27% gain, but analyst Keithen Drury argues it's not a good buy at current valuations. Despite recent growth above 10% year-over-year, Apple's stock performance is outpacing its business fundamentals. With valuations at historical extremes and projected 2027 revenue growth matching the S&P 500 average (~10%), the stock trades at nearly double the P/E multiple of the broader market. Historical patterns suggest a 25-30% valuation decline may occur in 2027, making better buying opportunities likely in the future.