Apple Is a Magnificent Stock, But There Are 2 Big Reasons Investors Could Regret Buying It Right Now
In the past 10 years, the Nasdaq Composite has produced a total return of 283%. That's respectable growth, to be fair. However, (NASDAQ: AAPL) has crushed the broader index, soaring 895% over the same period.
An impressive return like that over a long time period usually happens because the underlying fundamentals are strong. Even the great investor Warren Buffett would agree with Apple's merits as it represents a whopping 46% of Berkshire Hathaway's portfolio.
There are some compelling characteristics that make this tech giant an incredible business. However, investors might regret buying the FAANG stock at present for two very important reasons.
Source Fool.com
Apple Inc. Stock
€201.50
-0.540%
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 9 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 4.22% for Apple Inc. compared to the current price of 201.5 €.
