Apple stock is on pace for its best year since 2009, but it has room to run higher in 2020, a longtime Apple (AAPL) analyst says.
On the stock market today, Apple stock dipped a fraction to 289.80.
Through Friday’s close, Apple stock has risen 83.7% so far in 2019.
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 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.
What stock should I invest in 2020?
Best stocks as of March 2020
|Symbol||Company name||Price performance (YTD)|
|TMUS||T-Mobile US Inc||19.63%|
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Is Apple stock going to keep rising?
Despite the challenge of a mature smartphone market, Apple (NASDAQ:AAPL) stock continues to be on a tear in 2019. Apple stock closed down yesterday and is little changed today, but AAPL stock is still up a whopping 67% this year. Some analysts believe that Apple stock can still rise further.
What will Google stock be worth in 2020?
Alphabet stock price forecast* for tomorrow, and next weeks based on the last 30 days
|2020-02-28||Price: 1519.790||Min: 1498.590|
|2020-02-29||Price: 1522.730||Min: 1502.080|
|2020-03-01||Price: 1526.480||Min: 1505.130|
|2020-03-02||Price: 1545.320||Min: 1524.980|
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What stocks will rise in 2020?
The top 10 in terms of projected 2020 EPS growth rates are: Charter Communications Inc. (CHTR), 88%, Netflix Inc. (NFLX), 63%, ExxonMobil Corp. (XOM), 39%, Facebook Inc.