Is Apple Stock a Buy Ahead of Earnings?
Tech giant (NASDAQ: AAPL) will report results for its fiscal fourth quarter on Nov. 3. Ahead of the report, many investors are likely wondering whether or not the tech stock is a buy. After all, shares have pulled back recently.
Specifically, the stock is down 9% since Aug. 1. So is the stock a buy, now that shares are trading at a discount to where they were this summer?
A review of Apple's underlying business, its growth opportunities, and the stock's valuation show that the stock does, indeed, look like a compelling buy today. Here's why investors may want to add shares of the iPhone maker to their portfolios.
Source Fool.com
Apple Inc. Aktie
203,30 €
0,15 %
Leichte Community-Bevorzugung: Apple Inc. mit mehr Buy- als Sell-Einschätzungen.
Für Apple Inc. ergibt sich mit einem Kursziel von 223 € ein leicht positives Potenzial gegenüber dem aktuellen Kurs von 203.3 €.
