A Bull Market Is Coming: 2 Reasons to Buy Apple Stock
There's a buzz on Wall Street and in the tech world surrounding (NASDAQ: AAPL) right now after its Worldwide Developers Conference (WWDC) on June 5.
The event saw the company announce a 15-inch MacBook Air, beefier Mac Studio, the long-awaited Apple Silicon Mac Pro, and many software updates across its product lineup. However, the biggest news from WWDC was its highly anticipated first step into the virtual/augmented reality (VR/AR) market with a new headset called the Vision Pro. The totally new product has massive potential over the long term and could change the face of computing and home entertainment if all goes according to Apple's plan.
Alongside the product announcements, Apple's outlook is growing stronger thanks to easing inflation. The consumer price index has improved for ten consecutive months, with prices rising 4.9% in April after hitting a high of 9.1% in June 2022. The correction could trigger a new bull market as different companies report revenue gains over the next year.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 102 Buy predictions and 8 Sell predictions.
As a result the target price of 210 € shows a slightly positive potential of 3.81% compared to the current price of 202.3 € for Apple Inc..
