Apple Is Down 22% From Its High. Time to Buy?
Apple's (NASDAQ: AAPL) stock, like many others, has had a rough time in 2022. The shares have dropped by 22% since reaching an all-time high of $182 back in early January.
Apple's success has been well-documented. After all, even with this year's slide, its market value is more than $2 trillion. However, companies can't rest on their laurels and grow complacent. As the old saying goes, past success is no guarantee of future results.
Hence, investors must ask tough questions about Apple's future prospects. Has the price drop created a value opportunity? Or could investors find better investments at this time?
Source Fool.com