If You'd Invested $5,000 in Apple Stock 5 Years Ago, Here's How Much You'd Have Today
Apple (NASDAQ: AAPL) has become known for launching products that make a splash. That led to large revenue and profit growth that fueled share price gains, creating a lot of wealth for long-term shareholders. The business has a market capitalization of over $3 trillion, putting it in rarefied company.
Narrowing the time frame, how much money would you have if you had invested $5,000 in Apple shares five years ago?
Apple's stock, selling for about $50 five years ago, closed Monday at $209 after a pullback following the news that Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) sold about half of its stake in the company during the second quarter. Notably, share prices and returns take into account the 4-for-1 stock split in 2020. That translates into a share price gain of 310% during this time, easily outpacing the S 500 index's 76.9% gain.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 102 Buy predictions and 9 Sell predictions.
With a target price of 212 € there is a slightly positive potential of 9.57% for Apple Inc. compared to the current price of 193.48 €.
