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After Soaring in 2023, Is Apple a Smart Stock to Buy in 2024?


It's been a great time to be an (NASDAQ: AAPL) shareholder. The popular consumer tech business has seen its shares soar an impressive 46% this year. And the company now carries a market capitalization that's approaching $3 trillion.

Zooming out, it's obvious that this FAANG stock has been a wildly successful investment, thanks in large part to a strong brand and outstanding financial performance.

But as we look toward the new year, is Apple a smart stock to buy in 2024? Let's examine some important details that investors must consider.

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Source Fool.com

Apple Inc. Stock

€202.20
-0.370%
The price for the Apple Inc. stock decreased slightly today. Compared to yesterday there is a change of -€0.750 (-0.370%).
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 €.
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