Best Stock to Buy: Apple vs. Alibaba
(NASDAQ: AAPL) and Alibaba (NYSE: BABA) are both often considered stable blue-chip plays for long-term investors. Apple's iPhone dominates the premium smartphone market, and its other hardware devices and sticky software services continuously lock in its customers. Alibaba is China's largest e-commerce and cloud company, and it also owns one of the country's largest streaming video platforms.
But over the past six months, Apple's stock dipped 4% as Alibaba's stock dropped 9%. Let's see why these two stalwarts floundered, and if either stock is worth buying right now.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€170.10
5.330%
Currently there is a rather positive sentiment for Apple Inc. with 84 Buy predictions and 6 Sell predictions.
With a target price of 199 € there is a slightly positive potential of 16.99% for Apple Inc. compared to the current price of 170.1 €.
