Is Apple a good stock to buy 2024? (2024)

Is Apple a good stock to buy 2024?

These assets should allow it to recover its growth momentum, along with help from its push deeper into the services niche. But does that mean Apple is a good buy for 2024 and beyond? The short answer is yes, but with some caveats.

What is the Apple stock price prediction for 2024?

Apple stock is a "top pick" for 2024 and could surge 36% from Friday's close, according to Bank of America. The bank said Apple has 4 upcoming catalysts this year, including the launch of an AI-enabled iPhone 16.

What stocks to invest in in 2024?

2024's 10 Best-Performing Stocks
Stock2024 return through March 31
Janux Therapeutics Inc. (JANX)250.9%
Trump Media & Technology Group Corp. (DJT)254.1%
Super Micro Computer Inc. (SMCI)255.3%
Viking Therapeutics Inc. (VKTX)340.6%
6 more rows
Apr 1, 2024

Where will Apple stock be in 2025?

Apple Stock Price Prediction 2024-2030
YearMedian Price PredictionPotential Low
2024$216$183
2025$237$199
2026$298$271
2030$561$460
Apr 11, 2024

Is Apple a good long-term stock to buy?

Despite recent headwinds, Apple remains a leader in tech with dominating brand power and immense financial resources. A recent stock dip could be the perfect time to make a long-term investment in its business and profit from its potential over the next decade.

What price will Apple be in 5 years?

Apple stock price stood at $166.90

According to the latest long-term forecast, Apple price will hit $200 by the middle of 2025 and then $300 by the end of 2027. Apple will rise to $350 within the year of 2029, $400 in 2030, $450 in 2033 and $500 in 2035.

How high can Apple stock go?

Average Price Target

Based on 30 Wall Street analysts offering 12 month price targets for Apple in the last 3 months. The average price target is $200.71 with a high forecast of $250.00 and a low forecast of $158.00. The average price target represents a 20.58% change from the last price of $166.46.

What stock will double in 2024?

3 Stocks That Are on Their Way to Doubling in 2024
  • Celsius, Sweetgreen, and Instacart are up between 59% and 95% so far in 2024.
  • Celsius may not seem cheap right now, but five years ago you could've bought it for less than what it should earn next year.
Mar 19, 2024

Which stock will double in 3 years?

Stock Doubling every 3 years
S.No.NameCMP Rs.
1.Guj. Themis Bio.404.35
2.Refex Industries160.55
3.Tata Elxsi7085.75
4.Tanla Platforms967.85
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What are the top 3 stocks to buy?

Stocks to Buy Today
STOCKACTIONTRADE PRICE
HEROMOTOCOBUY4498
HBLPOWERBUY493
SUMICHEMBUY407
NTPCBUY359
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What will Apple stock be worth in 2026?

Long-Term Apple Stock Price Predictions
YearPredictionChange
2025$ 225.2927.60%
2026$ 287.4762.83%
2027$ 366.83107.78%
2028$ 468.09165.13%
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How much will Tesla stock be worth in 2025?

Projections for the TSLA rate in 2025 vary significantly among analysts, with estimates ranging from a stock price above $300 to $3,000 per share. These projections are based on various factors and assumptions, including Tesla's market performance, EBITDA margins, and the broader electric vehicle market.

Is amzn stock a buy?

AMZN Analyst Recommendation Trends

In the current month, AMZN has received 79 Buy Ratings, 0 Hold Ratings, and 0 Sell Ratings. AMZN average Analyst price target in the past 3 months is $212.36.

Is it smart to invest in Apple?

While it's difficult to find reasons not to like Apple's business, there's one important reason that investors should hesitate before buying the stock: valuation. As of this writing, shares trade at a price-to-earnings ratio of 29.8. This is significantly more expensive than Apple's trailing-10-year average of 20.8.

Will Apple stock go up in 2024?

Of the 28 analysts covering Apple stock, 15 rate it as a “Strong Buy,” while 3 call it a “Moderate Buy.” Nine more analysts rate it as a “Hold,” while 1 says it's a “Strong Sell.” In terms of consolidated ratings, Apple is the second worst-rated FAANG stock, behind only Netflix (NFLX).

What will Apple stock be worth in 10 years?

Apple long term stock forecast is anticipated to be $315 in 2025, $370 in 2026, $425 in 2027, $465 in 2028, and $480 in 2029. In 2030, analysts anticipate Apple shares will be worth $510.

What will Amazon be worth in 2030?

If Amazon maintains its current valuations, matches analysts' expectations, and grows its EPS at a CAGR of 20% from 2025 to 2030, its market cap would reach $5.5 trillion by the final year.

Can Apple stock reach $500?

It's possible that Apple stock could reach $500 or even $1,000 in the future. However, there are a number of factors that could affect its price, including the company's financial performance, the overall state of the economy, and the performance of the broader tech sector.

What is Apple stock prediction?

Stock Price Forecast
TargetLowAverage
Price$158$204.93
Change-5.95%+21.98%

Why should I invest in Apple?

Despite recent headwinds, Apple remains a leader in tech with dominating brand power and immense financial resources. A recent stock dip could be the perfect time to make a long-term investment in its business and profit from its potential over the next decade.

Why is Apple stock falling?

Shares slipped in early February after services revenue for the December quarter missed estimates, overshadowing an otherwise strong report. Apple's car project, long rumored and never officially announced, was over by the end of that month, removing some of the wonder factor from the shares.

What is the highest Apple stock has ever been?

The all-time high Apple stock closing price was 197.86 on December 14, 2023. The Apple 52-week high stock price is 199.62, which is 21% above the current share price. The Apple 52-week low stock price is 162.80, which is 1.3% below the current share price. The average Apple stock price for the last 52 weeks is 181.29.

What 7 stocks could double or triple in 2024?

Instead, it's the stocks of mega-size companies – Alphabet (GOOGL), Amazon.com (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft (MSFT), Nvidia (NVDA) and Tesla (TSLA) – that have soared in price over the past year, propelling the broad market to double-digit returns.

Which stock will double in 6 months?

6 months double
S.No.NameCMP Rs.
1.Spright Agro31.24
2.Jai Balaji Inds.1037.50
3.Waaree Renewab.2755.35
4.Insolation Ener1702.50
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Will 2024 be good for stocks?

Fortunately, analysts see positive earnings and revenue growth for all eleven market sectors this year. The healthcare sector is expected to generate a market-leading 17.8% earnings growth in 2024, while the information technology sector is expected to lead the way with 9.3% revenue growth.

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