Here's My Top Stock to Buy Now--And It's Not Even Close
The stock market has been in recovery mode this year after a dramatic sell-off in 2022 brought on by macroeconomic headwinds. Easing inflation has rallied investors and led the Nasdaq Composite index to rise 31% since Jan. 1. As a result, it's not a bad time to consider investing in solid growth stocks with a history of consistent gains before they rise higher.
(NASDAQ: AAPL) is by far my top pick right now, with its potent brand and popular products likely to keep the company growing for decades. The tech giant's stock has soared 48% year to date, making it the first company to surpass a market cap of $3 trillion. However, the company still has a solid long-term outlook, making it a compelling buy to hold over the next decade.
Here's why Apple is my top stock to buy right now.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 3.35% for Apple Inc. compared to the current price of 201.25 €.