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