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.
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 €.