The article explores the question of whether it’s too late to buy Apple stock, given its recent price surge. The tech giant has experienced significant growth over the past year, and its share price has risen by almost 80% over the past 12 months. This has left some investors wondering if they have missed the boat on Apple’s potential returns.
The author argues that despite Apple’s impressive growth, there are still opportunities for investors to profit from the stock. Apple’s earnings and revenue are projected to continue growing, fueled by strong demand for its products and services, such as the iPhone and the App Store. Additionally, Apple’s financials are strong, with a cash reserve of $200 billion and a growing dividend.
The article notes that while Apple’s stock may be expensive relative to its historical valuations, it is still cheaper than many other technology stocks. The author suggests that investors consider buying Apple stock if they believe in the company’s long-term growth prospects and are willing to hold on to the stock for an extended period.
In conclusion, the article argues that it’s not too late to buy Apple stock, as there are still opportunities for growth and profitability. However, investors should carefully consider their investment goals and risk tolerance before making any decisions.
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