Published on 28 Apr 2024 on Motley Fool via Yahoo Finance
The past few weeks have been tough for Apple (NASDAQ: AAPL) shareholders. The stock's now sitting 15% below its December high, sliding all the way back to where it was trading in late 2021. This is weakness that most investors just aren't accustomed to seeing from this frequent Wall Street favorite.
If you're interested in stepping into a new position in Apple, don't let the stock's recent performance rattle you. There are still good reasons to take on long-term trades in this consumer-technology titan. Here's a rundown of the best three.
1. The company's dealing with the headwind in China