Is it time to buy Apple stock?
With shares of Apple Inc. (Nasdaq: AAPL) down about 28% from last summer's highs, the company is looking more and more like a bargain.
Persistent concerns about slowing iPhone sales and lowered guidance for the current quarter has soured Wall Street on Apple stock.
Is it time to buy Apple stock?
With shares of Apple Inc. (Nasdaq: AAPL) down about 28% from last summer's highs, the company is looking more and more like a bargain.
Persistent concerns about slowing iPhone sales and lowered guidance for the current quarter has soured Wall Street on Apple stock.
But this is why it may be time to buy AAPL stock anyway...
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When the Apple stock price broke past $120.28 earlier this month, it gave the tech giant a valuation of more than $700 billion.
That promptly set off speculation of if or when Apple Inc. (Nasdaq: AAPL) could reach a market cap of $1 trillion, which would require an AAPL stock price of a little over $170 a share.
Money Morning Defense & Tech Strategist Michael Robinson believes the Apple stock price will hit that target - and should.
In this video, Robinson explains why he's still as bullish on Apple stock as ever.
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The Apple stock price continues to surge to new highs with the company's seemingly bottomless bag of tricks.
But at this point some investors may be wondering if it's too late to jump on the Apple Inc. (Nasdaq: AAPL) bandwagon.After all, AAPL stock gained more than 62% in 2014 and another 16% in the first six weeks of 2015.
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With Apple Inc. (Nasdaq: AAPL) now the most valuable company of all time, many investors have one question: Should I buy Apple stock?
AAPL stock closed at $122.02 yesterday, putting its market cap at a record $710.7 billion. Today Apple stock rode even higher, trading at about $124.50 through most of the session. That pushed Apple's market cap over $725 billion.
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