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Should You Buy Apple Stock Right Now?

TheMotleyFool

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Apple (NASDAQ: AAPL) has been a fantastic long-term investment, but year to date the stock has fallen nearly 23%. The drop has come as investors worry about sky-high inflation and the Federal Reserve's aggressive approach to bringing it back down by hiking the federal funds rate.

Apple's share price drop, mixed with the general pessimism in the market right now, has left some investors wondering if Apple's stock is still a buy. I think there's a strong case for adding more shares (or starting a position) in the tech giant right now. Here's why.

Image source: Getty Images.

Source Fool.com

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