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4 Reasons to Buy Apple Stock Right Now

Shares of Apple (NASDAQ: AAPL) have been pummeled in recent weeks, along with the broader market. The tech giant's stock price has slid 31% since Feb. 19. That's about in line with the S&P 500's 34%


Shares of Apple (NASDAQ: AAPL) have been pummeled in recent weeks, along with the broader market. The tech giant's stock price has slid 31% since Feb. 19. That's about in line with the S&P 500's 34% decline over this same timeframe.

The global coronavirus outbreak and its likely negative impact on near-term sales and the economy, of course, is the primary reason for Apple stock's big decline. While investors have good reason to expect companies like Apple to face headwinds amid this pandemic, has the tech giant's sell-off gone too far?

It's arguable that Apple shares have been oversold in this market downturn, giving opportunistic investors an attractive entry point below $225 per share.

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Source Fool.com

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