A Bull Market Could Be Here: 3 Reasons to Buy Apple Stock
There's arguably never a bad time to own a stake in (NASDAQ: AAPL). It's not only the world's biggest and most profitable company, it's also one of its most reputable corporations. It's going to be a juggernaut for a long, long time.
If the market's rekindled bullishness of late marks the beginning of a full-blown bull market, though -- and it very likely does -- that's particularly good news for current and prospective investors. See, Apple stock tends to lead the way in a bullish environment. It's likely to do the same the next time around too, for three specific reasons.
Investors keeping close tabs on Apple probably know sales of the recently released iPhone 15 have been decent, but far from thrilling. It's getting due credit for snapping a multi-quarter decline in worldwide smartphone sales. It's not a game-changer, though; sales in China have been notably lackluster.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 136 Buy predictions and 19 Sell predictions.
With a target price of 222 € there is a slightly positive potential of 9.79% for Apple Inc. compared to the current price of 202.2 €.
