1 Reason to Buy Apple Stock Today
After falling behind some of its erstwhile competitors, (NASDAQ: AAPL) is back as the second most valuable company in the world, finally hitting the $4 trillion mark last week as Nvidia reached $5 trillion.
It's still trailing the S 500, which is up nearly 18% year to date, but it's finally gathering momentum, up 8%.
There were several positive updates last week that finally brought the market back on board with Apple stock. Investors were relieved that tariffs on goods brought in from China are going to be halved, and that Apple is committed to producing more goods in the U.S. But for the long-term view, there's something more important happening at Apple.
Source Fool.com
Apple Inc. Stock
€234.85
0.510%
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 12 Sell predictions.
With a current price of 234.85 € Apple Inc. is right around the predicted target price of 235 €.
