Should You Buy the Dip on Apple Stock?
(NASDAQ: AAPL) shareholders haven't had the best year. While the market (as measured by the S 500 (SNPINDEX: ^GSPC) index) is essentially flat for the year, Apple's stock has dropped by 20%. Additionally, it's by far the worst-performing "Magnificent Seven" stock.
With the stock underperforming both the market and its peers, there are two interpretations: Either Apple is undervalued and should be bought on the dip, or there are good reasons why the stock is down. Let's take a look and figure out what investors should be doing with their Apple shares.
Image source: Getty Images.
Source Fool.com
Apple Inc. Aktie
232,20 €
0,24 %
Apple Inc. sticht etwas positiv hervor mit 109 Buy- und 12 Sell-Einschätzungen.
Das Kursziel von 235 € für Apple Inc. zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 232.2 € an.
