A Bull Market Could Be Here: 2 Reasons to Buy Apple Stock
The Nasdaq-100 index climbed nearly 4% in July, increasing for the fifth consecutive month. The rise represents the longest period of monthly growth since August 2020. The index has soared 44% year to date, with Wall Street particularly bullish on booming markets such as artificial intelligence (AI).
The market's recovery from 2022's sell-off has many analysts excitedly calling it a bull market. As a result, now is an excellent time to consider investing in a reliable growth stock before it's too late, and it's hard to go wrong with (NASDAQ: AAPL).
The company proved its resilience amid last year's economic downturn and has a long history of consistent growth. So, here are two reasons to buy Apple stock in a potential bull market.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 108 Buy predictions and 9 Sell predictions.
As a result the target price of 212 € shows a slightly positive potential of 2.81% compared to the current price of 206.2 € for Apple Inc..
