Could Apple Help You Become a Millionaire?
's (NASDAQ: AAPL) standing as one of the most dominant and culturally influential businesses on the face of the planet didn't happen overnight. The consumer electronics and software company has a successful history that spans many decades.
With this FAANG stock up more than 48,000% in just the last 20 years, it has undoubtedly turned some investors into millionaires. In fact, a $2,100 share purchase in February 2004 would be worth just over $1 million today (as of Feb. 5). What an impressive return!
But at a current market cap of $2.9 trillion and a price-to-earnings ratio of 29.2, can Apple help prospective investors become millionaires in the future?
Source Fool.com
Apple Inc. Stock
€201.65
0.470%
Our community is currently high on Apple Inc. with 106 Buy predictions and 8 Sell predictions.
As a result the target price of 209 € shows a slightly positive potential of 3.64% compared to the current price of 201.65 € for Apple Inc..
