What the Smartest Investors Know About Apple Stock
The start of a new year is the perfect time to make investment goals and reflect on how your portfolio has grown over the last 12 months. A sell-off in 2022 might have yielded disappointing results for the previous year, but if you bought the right stocks five-plus years ago you might still be up on your investments. Multiple tech stocks suffered considerable declines in 2022 but have maintained triple-digit growth rates over the last five years despite recent market declines.
For instance, Apple (NASDAQ: AAPL) shares fell 29% year over year. However, its stock has risen 197% since 2018. The iPhone company may have stumbled last year, but it continues to be a great investment for the long term, and is worth watching closely.
Here are two things the smartest investors know about Apple stock.
Source Fool.com