Apple's AI Momentum Is Building -- Here's What It Means for Investors
(NASDAQ: AAPL) has long been one of the premier stocks on the U.S. stock market, spending most of the past decade as the world's most valuable public company. However, the company has seemingly taken a step back in the past few years as the artificial intelligence (AI) boom has boosted the value of many other big tech companies.
In the past three years, Apple's stock is only up around 30%, making it the second-worst performer of the "Magnificent Seven" stocks (trailing only ) and underperforming the S&P 500. That's not something investors are used to seeing from Apple.
Despite Apple seemingly lagging behind, there could possibly be a breath of fresh air coming to the company, sparking new life into the stock.
Source Fool.com
Apple Inc. Stock
€233.40
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