Got $1,000? Here Are 2 Stocks to Buy for the Long Haul
The new year is right around the corner, with now an excellent time to consider investing in stocks likely to flourish in 2024 and beyond.
As two companies that have won over consumers worldwide, (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN) are two attractive options. One dominates consumer tech, with leading market shares in smartphones, tablets, headphones, and wearables. Meanwhile, the other is killing it in e-commerce alongside a leading position in cloud computing that could see it profit significantly from artificial intelligence (AI).
Over the last five years, shares in Apple and Amazon have risen around 365% and 79%, respectively. While past growth isn't always an indicator of what's to come, these companies have the financial resources and brand recognition to continue expanding well into the future.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 149 Buy predictions and 17 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 12.43% for Apple Inc. compared to the current price of 199.24 €.
