Is It Time to Stop Valuing Apple as a Growth Stock?
(NASDAQ: AAPL) has long been viewed as one of the largest growth stocks in the world. But the growth is slowing. In fact, it's been virtually nonexistent for a couple of years now.
With iPhone sales declining and Apple facing intense competition, it's fair to consider if it is best to stop viewing Apple as a growth stock and reclassify it as a premium dividend-paying, blue-chip company. Let's find out if that reclassification would make Apple overvalued relative to other opportunities.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 103 Buy predictions and 6 Sell predictions.
As a result the target price of 211 € shows a slightly positive potential of 1.76% compared to the current price of 207.35 € for Apple Inc..