Should You Buy Apple Stock Before September 9? Here's What the Evidence Suggests
There's little question that (NASDAQ: AAPL) has been a long-term winner for shareholders. Even investors who bought the stock over the past decade have been handsomely rewarded, as Apple has climbed more than 800% (as of this writing), eclipsing the 180% gains of the S 500.
Yet, over the past year or so, Apple shareholders have had a crisis of confidence. Investors have watched as many of the company's rivals and peers in the artificial intelligence (AI) space have notched stellar gains, while Apple stock has failed to keep pace with the broader index.
However, the iPhone maker is looking to change all that. Apple recently announced plans for a special event and product reveal on September 9, which could be the spark that sends the stock higher. Should investors buy Apple before this high-profile event? Let's see what the evidence suggests.
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 146 Buy predictions and 17 Sell predictions.
With a target price of 228 € there is a slightly positive potential of 10.09% for Apple Inc. compared to the current price of 207.1 €.
