Is Apple Stock a Buy?
In the eyes of some investors, Apple (NASDAQ: AAPL) may have lost its appeal as an investment. With the company now roughly 10 years removed from the departure of Steve Jobs as its driving force and CEO, one might assume it has already seen its best days.
With a market cap now exceeding $2 trillion, it is much more difficult to grow at rates that will make new investors millionaires off of a modest investment. But is that enough reason to avoid taking a chance on this stock?
Apple management is now putting the vast resources it has accumulated to work and used its expertise to continue producing compelling products, manage new services, and develop new industries that still give investors plenty of reasons to buy Apple stock and never sell.
Source Fool.com
