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Is It Too Late to Buy Apple Stock?

TheMotleyFool 
0 0 12.05.24
Is It Too Late to Buy Apple Stock?Photo, wide shot, wide-angle lens, Semiconductor company, sunset photo at golden hour, photo by Art Wolfe: https://img.midjourneyapi.xyz/temp/92ce44e9-64c7-4458-9a95-b706ed510490.png
 

Being a shareholder of Apple (NASDAQ: AAPL) hasn't been easy over the last year. The stock has risen 5% since last May, which is abnormal for a company that regularly outperforms the S 500 (which grew 25% in the same period).

Spikes in inflation in 2023 caused reductions in consumer spending, leading Apple to post four consecutive quarters of revenue declines.

However, the company appears to be turning things around in 2024. After missing earnings estimates for all of last year, revenue aligned with forecasts in the first quarter of 2024 and beat them in the second quarter.

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Source Fool.com

Apple Inc. Stock

€271.15
1.160%
Apple Inc. gained 1.160% today.
Our community is currently high on Apple Inc. with 75 Buy predictions and 7 Sell predictions.
As a result the target price of 282 € shows a slightly positive potential of 4.0% compared to the current price of 271.15 € for Apple Inc..
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