Apple Inc. (Nasdaq: AAPL) stock is down 2.6% today (Wednesday) on the same day that the Nasdaq fell 118 points.
That's providing a good opportunity to buy Apple stock on the dip. Money Morning Defense and Tech Specialist Michael Robinson has held steady on his Apple stock price prediction of $142.85 ($1,000 pre-split) by Labor Day 2016.
Money Morning Capital Wave Strategist Shah Gilani told viewers of FOX Business' "Varney & Co." today why this dip is a good time to load up on Apple stock. You can check out the video below.
Apple Dividend Going Up: While the company has made no official announcement, Apple is a shoo-in to raise its dividend at least 10% next month. How can we be so sure Apple plans such a generous raise? These numbers don't lie...