(NASDAQ: AAPL) has surged back with gusto this year after macroeconomic headwinds dragged the shares down 27% in 2022. The stock is currently up a blistering 46% since Jan. 1.

Apple has rallied investors once again based on consistent demand for its products, a steadily growing services business, and recent expansion into a new category. Apple has massive potential in the future of virtual/augmented reality (VR/AR).

So, despite its position as the world's most valuable company, it still has plenty of room for growth. Here's why the stock is a buy now. 

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Source Fool.com