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should i buy apple stock

John Divine is a senior investing reporter for U.S. News & World Report, where he’s been ...  Read more, Tags: investing, stock market, Apple Inc., Amazon.com, Netflix, Walt Disney Company, BlackBerry, IBM, Hewlett-Packard, Microsoft, Steve Jobs. Stock Advisor launched in February of 2002. Apple's broad-based momentum during an uncertain time, its products' increased relevance, and promising prospects for the tech giant's services and wearables segments show why the stock remains a good long-term bet for investors. In recent years, Apple’s enormous cash hoard has reached downright legendary levels. This company will be around for a long time, and this fact alone gives Apple … Tech giant Apple (ticker: AAPL) reported fiscal third-quarter earnings on July 30, and the results only fueled what has been a remarkable rally for one of the world's single biggest companies. originally appeared on usnews.com. Something in the low 20s seems more reasonable considering the company’s already significant size. After reporting fiscal third-quarter earnings in late July, many investors might be wondering: “Should I buy Apple stock?” Consider a few points below: — The bottom line: Should you buy Apple stock? Image source: Apple. For this reason, Apple should clearly trade for less than 30 times earnings. And, of course, Apple takes a 30% cut of App Store revenue. Switch things up. The Bottom Line: Should You Buy Apple Stock? Jobs' insistence on building a closed ecosystem instead of catering to the masses out of the gate like Microsoft (MSFT) did made for a slower slog, and he was forced out of his own company, only to return when the company was in deep trouble in 1997. Is Apple's New HomePod Mini Too Little, Too Late? Now that 5G is rolling out at all three major wireless US carriers, Apple needs to bring 5G to the iPhone to capitalize on this growing market. The longer production is paused and the closer those new subscribers come to the end of their free year of Apple TV+, the more crunched for content Apple will become. The stock currently sells for about 29 times earnings, while the average for the S&P 500 sits at about 23. While that may be due in no small part to both demand and supply shocks stemming from the pandemic, slowing growth in the smartphone segment has been a broader problem since well before 2020 started throwing its vicious curveballs. Despite the coronavirus pandemic, Apple saw revenue advance 11% year over year in the fiscal 2020 third quarter. ... Should I Buy Apple and Tesla Stock? Services is also a higher-margin business, so it will likely boost Apple's bottom line in the process. All rights reserved. Artificial Intelligence Stocks: The 10 Best AI Companies, 2020’s Dividend Aristocrats List: All 66 Stocks, 10 of the Best Blue-Chip Stocks to Buy for 2020, Should You Buy Apple (AAPL) Stock? The evidence is clear that Apple's ecosystem is as sticky as ever, as evidenced by the strong growth of its services. This broad-based growth highlights the resilience of Apple's business model during a time when many businesses are struggling. In other words, history shows that investing in Apple stock right before a new product launch is a sound financial move. David Bartosiak September 10, 2020. This strong performance has been helped by high customer satisfaction ratings, Maestri noted. The company's fiscal third-quarter results, released last week, are arguably a game changer, making the stock a better long-term bet than it seemed to be before the earnings report.

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