Is Apple stock a buy?
Despite its valuation, it seems that Apple stock is a buy, provided investors are willing to hold for the long term. However, these buy-and-hold investors may want to look for a decent dip in share...
Will investors continue to bite into Apple stock?
Investors continue to bite into Apple (NASDAQ:AAPL) stock. Consequently, Apple has become the first publicly traded company on U.S. exchanges company to achieve a $2 trillion valuation.
Should you buy Apple stock during a pandemic?
Apples position within the so-called stay at home trade , coupled with its status as a stable company with a massive cash pile, has helped Apples shares hit record highs as investors have looked for relative safety amid the pandemic. That said, the stock isnt cheap.
How to buy shares in Apple?
How to buy shares in Apple 1 Compare share trading platforms. Use our comparison table to help you find a platform that fits you. 2 Open your brokerage account. Complete an application with your details. 3 Confirm your payment details. Fund your account. 4 Research the stock. ... 5 Purchase now or later. ... 6 Check in on your investment. ...
What is Apple stock’s buy point?
On June 30, Apple stock hit a buy point of 137.17 out of a cup base, according to a daily chart on IBD MarketSmith. On July 9, AAPL stock reached an additional buy point of 145.19.
How do analysts value Apple stock?
However, analysts commonly use some key metrics to help gauge the value of a stock. Apples current share price divided by its per-share earnings (EPS) over a 12-month period gives a trailing price/earnings ratio of roughly 31x. In other words, Apple shares trade at around 31x recent earnings.