Apple Stock: Time to Buy the Dip?
Following a great 2023 for (NASDAQ: AAPL) shares, which soared 48% higher, the stock is taking a breather so far in 2024. Year to date, shares are down more than 3%. Is this an opportunity to buy shares of the iPhone maker, or is the stock's decline justified?
To explore whether or not shares are attractive today, let's look at both the bear and bull cases for the tech stock.
The bear case for Apple (the case against owning the stock) can be summarized in two points:
Source Fool.com
Apple Inc. Stock
€209.60
0.020%
Our community is currently high on Apple Inc. with 140 Buy predictions and 14 Sell predictions.
As a result the target price of 214 € shows a slightly positive potential of 2.1% compared to the current price of 209.6 € for Apple Inc..