3 Reasons to Buy Apple, and 1 Reason to Sell
Shares of (NASDAQ: AAPL) have produced a remarkable return of 282% over the past five years, easily crushing the S 500 by a wide margin. And even in 2023, the stock is up 38%. As of this writing, the business carries a market cap of $2.8 trillion, making it the largest company in the world according to this metric.
Even though Apple is a household name today, some investors may be wondering if the business should be in their portfolios. Let's look at three reasons you might want to buy Apple stock, and one reason to sell.
A beneficial course of action for retail investors is to look at what some of the top investors own. Managers of large funds have to report their portfolio positions every quarter with the Securities and Exchange Commission in a filing called a 13F. Unsurprisingly, Apple is a top holding among some of the best investors, thanks to its size and outstanding performance.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 76 Buy predictions and 5 Sell predictions.
As a result the target price of 199 € shows a positive potential of 22.96% compared to the current price of 161.84 € for Apple Inc..
