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.
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Source Fool.com
Apple Inc. Stock
€175.12
1.280%
Our community is currently high on Apple Inc. with 78 Buy predictions and 5 Sell predictions.
As a result the target price of 200 € shows a slightly positive potential of 14.21% compared to the current price of 175.12 € for Apple Inc..
