Is Apple a good stock to buy?
With its 3-star rating, we believe Apple's stock is fairly valued compared with our long-term fair value estimate of $160 per share. Our valuation implies a fiscal 2024 adjusted price/earnings multiple of 25 times, a fiscal 2024 enterprise value/sales multiple of 7 times, and a fiscal 2024 free cash flow yield of 4%.
Is Apple a good buy right now?
AAPL Analyst Recommendation Trends
In the current month, AAPL has received 58 Buy Ratings, 37 Hold Ratings, and 9 Sell Ratings. AAPL average Analyst price target in the past 3 months is $200.37.
Why should I buy stock in Apple?
Credit the growth of Apple's services business, mostly. Sales of apps and streaming content improved 11% year over year last quarter, but more than that, this revenue is very high margin. Roughly three-fourths of the company's services sales are converted into gross profit versus only 40% of product-driven revenue.
Is Apple stock reliable?
Catalysts For Apple Stock
Apple stock has a middling IBD Composite Rating of 56 out of 99, according to IBD Stock Checkup. IBD's Composite Rating is a blend of key fundamental and technical metrics to help investors gauge a stock's strengths. The best growth stocks have a Composite Rating of 90 or better.
Why is Apple stock falling?
Apple stock has been dropping and underperforming its Big Tech peers for multiple reasons. These include: Stagnant sales: Apple's sales fell YoY in all four quarters of the last fiscal year, and marked the first time since fiscal 2019 that its annual revenues fell on a YoY basis.
Is Apple a buy hold or sell?
Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.
Is Apple stock expected to rise?
Apple Stock Forecast
The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.6, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 20.12% from the current stock price of 170.33.
Is Google good stock to buy?
GOOGL Stock Forecast FAQ
Alphabet Class A has 8.49% upside potential, based on the analysts' average price target. Is GOOGL a Buy, Sell or Hold? Alphabet Class A has a conensus rating of Strong Buy which is based on 30 buy ratings, 7 hold ratings and 0 sell ratings.
Can I buy Apple stock directly?
Can I purchase stock directly from Apple? No, but Apple stock can be purchased through just about any brokerage firm, including online brokerage services.
Why are stocks worth it?
Stocks have historically proven to be a reliable hedge against inflation. Inflation erodes the purchasing power of your money over time, but stocks have the potential to provide returns that outpace inflation. By investing in stocks, you can help ensure that your portfolio retains its real value over the long term.
Is amzn a buy right now?
Amazon's analyst rating consensus is a Strong Buy. This is based on the ratings of 42 Wall Streets Analysts.
What is Apple's forecast for 2024?
After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.
Is Tesla a buy or sell?
In the current month, TSLA has received 43 Buy Ratings, 49 Hold Ratings, and 25 Sell Ratings. TSLA average Analyst price target in the past 3 months is $171.99.
Is Apple in trouble in 2024?
It's not exactly been plain sailing for Apple in 2024 so far. In fact, its problems just keep piling up. The Big Tech company has seen iPhone sales slump in key markets, abandoned a decadelong project, and is facing a massive antitrust lawsuit.
Who owns the most stocks in Apple?
According to the latest TipRanks data, approximately 65.59% of Apple (AAPL) stock is held by retail investors. Who owns the most shares of Apple (AAPL)? Vanguard owns the most shares of Apple (AAPL). What is the significance of the ownership structure for a publicly traded company?
What is the highest price 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 15.1% above the current share price.
- The Apple 52-week low stock price is 164.07, which is 5.4% below the current share price.
What will Apple stock be worth in 2025?
| Year | Prediction | Change |
|---|---|---|
| 2025 | $ 221.80 | 27.60% |
| 2026 | $ 283.03 | 62.83% |
| 2027 | $ 361.16 | 107.78% |
| 2028 | $ 460.85 | 165.13% |
What stocks to invest in in 2024?
| Stock | Implied upside from April 25 close* |
|---|---|
| Tesla Inc. (TSLA) | 23.4% |
| Mastercard Inc. (MA) | 19% |
| Salesforce Inc. (CRM) | 20.8% |
| Advanced Micro Devices Inc. (AMD) | 30.1% |
Is Google a buy, sell, or hold?
Alphabet stock has received a consensus rating of buy. The average rating score is and is based on 87 buy ratings, 12 hold ratings, and 0 sell ratings.
Is Amazon a buy, sell, or hold?
Amazon stock has received a consensus rating of buy. The average rating score is A1 and is based on 98 buy ratings, 2 hold ratings, and 0 sell ratings.
Is Apple stock bullish or bearish?
| Indicator | Level | Indication |
|---|---|---|
| RSI(14) | 55.47 | Bullish |
| MACD(12,26,9) | -1.01 | Bearish |
| Stochastic(20,3) | 66.9 | Bullish |
| ROC(20) | 2.04 | Bullish |
What is the fair value of Apple stock?
As of 2024-04-30, the Fair Value of Apple Inc (AAPL) is 83.95 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 173.5 USD, the upside of Apple Inc is -51.6%.
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Is Walmart a good stock to buy?
Walmart has a conensus rating of Strong Buy which is based on 25 buy ratings, 3 hold ratings and 0 sell ratings. What is Walmart's price target? The average price target for Walmart is $65.73. This is based on 28 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
Is Microsoft a buy or sell?
Microsoft's analyst rating consensus is a Strong Buy. This is based on the ratings of 35 Wall Streets Analysts.
