Is It Too Late to Buy Apple Stock?
's (NASDAQ: AAPL) track record of compounding investor capital is unbelievable. In the past 10- and 20-year periods, shares have rocketed 787% and 35,860% higher, respectively. These gains far outpace both those of the S 500 and the Nasdaq Composite indexes.
Apple raked in $386 billion in revenue in the past 12 months. And its market cap now sits close to $3.5 trillion, making this the world's most valuable enterprise. So, is it too late to buy the stock? Here are two reasons why I believe that it is.
Apple is a dominant tech firm. There are more than 2.2 billion of its devices that are active across the world. But that broad reach also demonstrates how already widely used the company's products are, which means that future growth won't resemble the past.
Source Fool.com
Apple Inc. Stock
Our community is currently high on Apple Inc. with 73 Buy predictions and 7 Sell predictions.
As a result the target price of 280 € shows a slightly positive potential of 5.94% compared to the current price of 264.3 € for Apple Inc..
