1 "Magnificent Seven" Stock to Buy on the Dip
The stocks known as the "Magnificent Seven" has had a pretty mixed start to the year. This group includes high-profile tech companies that delivered excellent returns over the past decade: Alphabet, Amazon, (NASDAQ: AAPL), Meta Platforms, Microsoft, Nvidia, and Tesla.
Some of them, most notably Meta Platforms and Nvidia, have been outperformers since January, while others haven't had the same luck. Apple is in the latter category -- the stock is down by nearly 5% year to date, the second-worst performance in the group.
Still, that's no reason to ignore Apple stock. Let's find out why Apple remains an excellent pick for long-term investors.
Source Fool.com
Apple Inc. Stock
€169.88
-0.720%
Our community is currently high on Apple Inc. with 78 Buy predictions and 6 Sell predictions.
As a result the target price of 199 € shows a slightly positive potential of 17.14% compared to the current price of 169.88 € for Apple Inc..
