Is Apple stock a good buy?
Apple stock may not be the great buy it was last year.
This is particularly evident by a recent run-up in the stock’s price-to-earnings ratio — from below 17 last June to nearly 26 today.
But a 26 P/E for Apple stock is fair given the durability of its iPhone business and rapid growth in services and wearables.
Is Apple a good stock to buy 2020?
After a great 2019, Apple stock looks like it will be a top choice for 2020 as well. Apple (NASDAQ:AAPL) stock reports earnings on Tuesday afternoon, and all eyes will be on the California-based giant to see if Tim Cook can add another chapter of growth on top of AAPL’s amazing run in 2019.
Is Apple stock a buy or sell?
(Real Time Quote from BATS)
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 2 3 4 5 S&P | Strong Buy Buy Hold Sell Strong Sell 500 | 24.13% 17.51% 9.18% 4.92% 1.66% 10.45% |
Is Apple a good long term stock?
Apple shares trade at 24 times earnings. While not egregious, this is Apple’s highest P/E value in the last decade. Currently, AAPL stock is up 89% in 2019 and it will be its best year since the 2009 rebound. Since 2012, Apple has had three annual returns in excess of 31%.