Buy, Sell, or Hold Apple Stock at $330?
As fears about the coronavirus outbreak's impact on Apple's (NASDAQ: AAPL) sales and operations in China seem to be fading into the background, shares of the tech giant have been creeping higher. The stock wrapped up last Friday trading at about $325, near an all-time high achieved in January on the heels of the company's blowout fiscal first-quarter results. This recent uptick in Apple's share price extends a monstrous run for the stock. Shares have nearly doubled over the past 12 months, rising more than 90%.
With the tech stock performing so well, many Apple shareholders are likely wondering whether they should continue holding shares or take profits. Furthermore, investors interested in buying the stock may be debating whether they've missed out entirely.
Is Apple stock a buy, sell, or hold?
Source Fool.com
