A Trillion-Dollar Dividend Growth Stock to Buy and Hold Forever
With a market cap well above $2.5 trillion, some investors might wonder whether any fuel is left in Apple's (NASDAQ: AAPL) growth tank. The company has delivered market-beating returns in the past 15 years, but the unveiling of new iPhone models has lost much of its appeal, and the company's innovative smartphone remains its biggest cash cow. At least, that's what the bears say.
There is some legitimacy to this argument, but there are also good reasons to believe that Apple is still an excellent pick for growth investors, or income seekers for that matter. Let's find out why.
Source Fool.com
Apple Inc. Stock
€200.05
-0.840%
Our community is currently high on Apple Inc. with 147 Buy predictions and 17 Sell predictions.
As a result the target price of 223 € shows a slightly positive potential of 11.47% compared to the current price of 200.05 € for Apple Inc..
