Does This Underappreciated Catalyst Make Apple Stock a Buy?
Apple (NASDAQ: AAPL) has been in the spotlight recently. Not only has its stock soared over the past year, but the company also launched new products last month, including new versions of its Apple Watch and iPad. Apple's annual iPhone event is expected to take place this month.
Despite all of the attention the tech company is getting, investors may still be underestimating one key catalyst for the company, according to Deutsche Bank analyst Jeriel Ong. Apple's upcoming rumored debut of a smaller iPhone could spur significant demand for the latest iPhone cycle, Ong believes.
Image source: Apple.
Source Fool.com
