Is Apple Stock a Buy Near $185?

If only investors could rewind time and go back to the beginning of the year and put all their money in (NASDAQ: AAPL) stock. You'd be sitting on a cool gain of more than 41%. Unfortunately, this isn't possible. All we have is today. So, what about now? Are still attractive, like they were earlier this year? Or has the big run-up in the stock price made the stock a hold or even a sell?

Unfortunately, Apple stock simply doesn't look as attractive as it did in January. But my opinion may surprise you on whether I think the stock is a buy today. While it's certainly not worthy of as much capital as it was earlier this year, the stock could still reward investors reasonably well over the long haul from here.

On the surface, Apple may not look like a good investment today. Its price-to-earnings ratio of about 32 is up from approximately 22 earlier this year. Further, revenue in the tech giant's most recent quarter actually fell 3% year over year. 

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Source Fool.com