(NASDAQ: AAPL) has been rewarding investors' faith for years. The stock is up 435% over the past five years, including a 46% rise in 2023 as one of the "Magnificent Seven" stocks that contributed such a large share of the major market indexes' gains last year.
But Apple stock has cooled off in early 2024. Just a few trading sessions into the new year, its shares have already slipped by more than 3%. Is this a buy-the-dip opportunity for a proven winner, or could this be the beginning of a long year for shareholders?
A big clue to the answer can be found in the company's fundamentals.
Source Fool.com