Is Apple Stock a Bad-News Buy?
Shares of tech and consumer giant Apple (NASDAQ: AAPL) are down around 20% this year. That's not the type of performance investors would normally expect to see from the stock, unless there was a wide-scale sell-off in the tech sector.
That's not the case this year. Instead, the stock has been underperforming the market and it hasn't been giving investors a reason to be optimistic about a turnaround taking place anytime soon.
But despite all the negativity surrounding the stock, this is still Apple -- one of the strongest, most iconic, and most recognizable brands in the world. If it's crashing, should you consider loading up on the stock?
Source Fool.com
Apple Inc. Stock
€232.20
0.240%
Currently there is a rather positive sentiment for Apple Inc. with 109 Buy predictions and 12 Sell predictions.
With a target price of 235 € there is a slightly positive potential of 1.21% for Apple Inc. compared to the current price of 232.2 €.
