Apple is a great company and likely will be for a while.
But now is not the best time to invest.
Until the company figures out a better way to utilize its cash, or share prices get down to a more reasonable level, it’s best holding off on buying AAPL shares anywhere near 22 times earnings.5 days ago
Is Apple stock still a good buy?
Apple Stock Price, Volume Action
On Oct. 11, Apple stock rose above its prior all-time high of 233.47 set in October 2018. AAPL stock is now near the 280 price level, some 26% above the buy point. When stocks become 20% to 25% extended beyond a buy point, that’s usually a good time to take some profits.
Is now a good time to invest in Apple stock?
Investors buying shares of Apple today, of course, should be prepared to watch the stock fall further. It’s nearly impossible to buy at the exact bottom. So it’s good to anticipate more volatility ahead, particularly during these uncertain times.
Is Apple stock a buy for 2020?
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.
What is the best stock to buy right now?
Best stocks as of April 2020
|Symbol||Company name||Price performance (52 weeks)|
|LRCX||Lam Research Corp||34.07%|
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