Is Apple Stock a Buy Ahead of Earnings?
Tech giant (NASDAQ: AAPL) will report results for its fiscal fourth quarter on Nov. 3. Ahead of the report, many investors are likely wondering whether or not the tech stock is a buy. After all, shares have pulled back recently.
Specifically, the stock is down 9% since Aug. 1. So is the stock a buy, now that shares are trading at a discount to where they were this summer?
A review of Apple's underlying business, its growth opportunities, and the stock's valuation show that the stock does, indeed, look like a compelling buy today. Here's why investors may want to add shares of the iPhone maker to their portfolios.
Source Fool.com
Apple Inc. Stock
€201.50
-0.540%
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 9 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 4.22% for Apple Inc. compared to the current price of 201.5 €.
