Why I Sold Some Apple Stock to End 2023 and Where I'm Investing Instead
Apple (NASDAQ: AAPL), one of the "Magnificent Seven" stocks prized for growth and earnings stability, helped propel the overall stock market back toward all-time highs in 2023.
Apple's performance was rock solid despite higher interest rates and a resulting weakening of global consumer spending. When accounting for reinvested dividends, Apple stock's total return was an incredible 45% in 2023.
Though I favor making small, gradual portfolio changes over time, I decided to sell some Apple stock near the end of 2023. Here's why and where I invested instead.
Source Fool.com
Apple Inc. Stock
€168.04
-1.210%
Our community is currently high on Apple Inc. with 79 Buy predictions and 6 Sell predictions.
As a result the target price of 199 € shows a slightly positive potential of 18.42% compared to the current price of 168.04 € for Apple Inc..
