Is it worth it to buy Apple stock? (2024)

Is it worth it to buy Apple stock?

Apple shares have made for a fantastic investment over the years, climbing 817% in the last decade. And more recently, they rose 48% in 2023, beating the Nasdaq Composite.

Is Apple a good stock to buy right now?

Out of the 28 analysts covering Apple stock, 16 recommend “strong buy,” three recommend “moderate buy,” eight recommend “hold,” and one recommends “strong sell.” The average target price for AAPL stock is $207.56, indicating an upside potential of over 21%.

What would $1000 invested in Apple in 1997 be worth today?

Its stock price today is $184.4, which is an increase of 134,227% during this period. If you had invested $1,000 in Apple stock on Feb. 4, 1997, today, you would have $1,343,269.

Is Apple stock worth for long term?

In fact, of all the Magnificent Seven stocks, Apple has the lowest long-term earnings growth rate (9% expected), yet trades for a premium 28 times Wall Street analysts' expectations for next year's earnings.

What stock to put $1,000 dollars in?

But if you have a long enough investment time horizon and pick the right investment, $1,000 could eventually grow into $1 million. Buying stocks like Amazon, Home Depot, Microsoft, and Berkshire Hathaway at the right time has all delivered such returns to early investors.

Does Apple stock have a future?

The past decade has been good overall for Apple investors. They've watched the stock price go from roughly $18 per share all the way to its all-time high of $197.86 on December 13, 2023. It's pulled back to $180.10 (as of February 29, 2024), but long-term shareholders are profiting from their patience.

Is Apple stock projected to go up?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 206.17, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 20.48% from the current stock price of 171.13.

How much is $10,000 invested in Apple 20 years ago?

Those gains translate to a 36.6% compound annual growth rate for Apple compared to a 7.4% CAGR for the S&P 500 in that time. That means that $10,000 in AAPL stock purchased 20 years ago would be worth about $5.08 million today, assuming reinvested dividends.

Will Apple stock reach $700 again?

"Apple's been on top for so long now," says Matt Warman in Britain's Telegraph, "there is only one way it can go." Indeed, Apple shares will never get back to $700, says The Economist.

What if I invested in Apple 5 years ago?

Those who invested in Apple (NASDAQ:AAPL) five years ago are up 217% When you buy a stock there is always a possibility that it could drop 100%. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%.

Should I hold or sell Apple?

Is AAPL a Buy, Sell or Hold? Apple has a conensus rating of Moderate Buy which is based on 15 buy ratings, 9 hold ratings and 1 sell ratings. What is Apple's price target? The average price target for Apple is $205.03.

Is Apple a better stock than Amazon?

Comparing these firms' forward price-to-earnings ratios (P/E), Apple's 28 against Amazon's 48 makes the iPhone company's stock look like a far better value. Forward P/E is a valuation metric calculated by dividing a company's share price by its estimated future earnings per share.

What is best stock to buy today?

What stock will boom in 2024?

Where to put $10 000 right now?

What stock pays you the most?

How high will Apple stock be 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.

Is Apple a good stock to buy 2024?

Aside from its gadgets, Apple also has a very strong services segment. The segment boasts $23.1 billion in revenue, and it has been helping drive the company's to success. Because of its innovation, the stock surged about 23% in 2023 and is expecting to grow more in 2024.

Is Apple a good stock for retirement?

Long-term retirement stocks: Apple (AAPL)

One of the best stocks for a retirement portfolio is the tech giant Apple (NASDAQ:AAPL). It enjoys the best position in the industry and has the finest products and services to offer. The one thing that sets Apple apart from the rest is its brand name and customer loyalty.

Is Tesla a buy sell or hold?

Tesla's analyst rating consensus is a Hold. This is based on the ratings of 35 Wall Streets Analysts.

Is Amazon stock a good buy right now?

AMZN is a Zacks Rank #1 (Strong Buy) stock, with a Momentum Style Score of B and VGM Score of B. Shares are down 1.6% over the past one week and up 0.5% over the past four weeks. AMZN has gained 93.3% in the last one-year period as well.

Who is the largest individual shareholder of Apple?

Contrary to common belief, Tim Cook, Apple's CEO, is not the company's largest individual shareholder. Arthur Levinson is Apple's largest individual shareholder, owning 4.53 million shares worth around $882 million as of the closing share price on December 12.

What would $1 000 invested in Netflix stock 10 years ago be worth now?

If you had invested in Netflix ten years ago, you're probably feeling pretty good about your investment today. According to our calculations, a $1000 investment made in February 2014 would be worth $9,138.15, or a gain of 813.81%, as of February 12, 2024, and this return excludes dividends but includes price increases.

What if I invested $1,000 in Apple in 2000?

But if you were smart enough to invest $1,000 in Apple stock at the start of the year 2000, you'd be sitting on a monster gain of 21,230%. This means that modest investment would be worth a whopping $213,000 today (as of July 27).

Who did Apple invest $400 million in?

Shazam. Founded as Shazam Entertainment Limited in 1999, Shazam is the company behind the namesake music identifier app. Apple completed its purchase of Shazam in 2018 for an estimated $400 million, with the goal of integrating the technology into iPhones and other smart devices.