Stock Market Sell-Off: Is Apple a Buy?
A stock market sell-off in 2022 caused 's (NASDAQ: AAPL) stock to fall 27% throughout the year. The tumble was driven mainly by macroeconomic headwinds, which reduced consumer spending and led tech stocks to fall out of favor with Wall Street.
The market has enjoyed a surge in 2023, with Apple shares up 24% year to date. However, recent reports that the company's personal computing sales are falling could prompt a short-term dip, and make it an excellent time to buy.
Here's why Apple's stock is a screaming buy after a sell-off.
Source Fool.com
Apple Inc. Stock
€206.25
0.190%
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 6 Sell predictions.
With a target price of 210 € there is a slightly positive potential of 1.82% for Apple Inc. compared to the current price of 206.25 €.
