Is Apple a good buy for 2020?
However, investors need to view every dip in Apple stock as a buying opportunity, given the company’s robust growth estimates across its business segments.
As the world gradually returns to normalcy, shares of Apple should make a strong comeback in the second half of 2020.
Is it worth buying Apple stock now?
Shares of Apple (NASDAQ:AAPL) have been pummeled in recent weeks, along with the broader market. The tech giant’s stock price has slid 31% since Feb. 19. It’s arguable that Apple shares have been oversold in this market downturn, giving opportunistic investors an attractive entry point below $225 per share.
Will Apple stock go up?
Based on our forecasts, a long-term increase is expected, the “AAPL” stock price prognosis for 2025-04-02 is 445.549 USD. With a 5-year investment, the revenue is expected to be around +72.66%. Your current $100 investment may be up to $172.66 in 2025.
Why you should buy Apple stock?
Investors would indeed be making a smart choice to purchase Apple stock. Growth seems to have returned for iPhones, while both the services segment and the segment that includes wearables are posting encouraging growth. Gross margins look set to improve further and executives are optimistic about growth.