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With one of the most popular brands in the world, the company might seem like a soundinvestment.
Apple stock is currently one of the most actively traded stocks.
It was selling for $225 per share as of Nov. 15, 2024.
While this looks promising, it can still be hard to tell if its a sound investment.
Before adding it to your portfolio, you might be looking to learn a bit more.
Heres what they had to say.
Also seewhether Amazon stock is a good buy this holiday season.
Its got a brand, products and loyalty that other companies only dream of.
This includes a wide variety of revenue streams.
If youre in for the long haul, yes… no question, he said.
High rates are squeezing consumers, and Apples stock is priced high, he said.
So any slip in sales will hit hard.
Ultimately, he said it can be alucrative portfolio additionfor the right investor.
Youll get a better entry, and Apple will likely reward you over the years.
Despite that, he said even Apple stock isnt foolproof.
Appleslarge cash reserveshelp it handle market ups and downs and keep investing in future growth.
So there you have it.
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