1 Reason Apple Stock Is a Screaming Buy, and 1 Reason to Avoid It Like the Plague
Over the past five years, shares of (NASDAQ: AAPL) have soared 218%, which translates to an annualized gain of 26%. That rise undoubtedly beats the gain of the Nasdaq Composite Index by a long shot.
But shares are off about 11% from their all-time high price (as of Sept. 21), a move that came about after the business reported its fiscal 2023 third-quarter earnings. Perhaps investors aren't happy with softer sales trends.
Regardless of what the latest numbers show, it's important to gain a better understanding of Apple. Here's one reason that this top FAANG stock is a no-brainer buy, as well as one reason that investors are better off avoiding it altogether.
Source Fool.com
Apple Inc. Aktie
202,55 €
-1,24 %
Apple Inc. sticht etwas positiv hervor mit 100 Buy- und 9 Sell-Einschätzungen.
Das Kursziel von 214 € für Apple Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 202.55 € an.
