News

Published on 22 Nov 2022 on Zacks via Yahoo Finance

Is Trending Stock Apple Inc. (AAPL) a Buy Now?


Article preview image

Apple (AAPL) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.

Over the past month, shares of this maker of iPhones, iPads and other products have returned -1%, compared to the Zacks S&P 500 composite's +5.4% change. During this period, the Zacks Computer - Mini computers industry, which Apple falls in, has gained 0.8%. The key question now is: What could be the stock's future direction?

While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making.

NASDAQ.AAPL price evolution

Want to become a better investor?

Start tracking your investments with Statfolio

Sign up for free
Related News
Apple Hospitality REIT, Inc. (NYSE:APLE) Q4 2023 Earnings Call Transcript

Apple Hospitality REIT, Inc. (NYSE:APLE) Q4 2023 Earnings Call Transcript February 23, 2024 Apple...

Insider Monkey via Yahoo Finance 24 Feb 2024

Jim Cramer’s 2024 Portfolio: 10 Latest Stock Picks

In this article, we will take a detailed look at Jim Cramer's 2024 Portfolio: 10 Latest Stock Pic...

Insider Monkey via Yahoo Finance 22 Feb 2024

Investors Heavily Search Apple Inc. (AAPL): Here is What You Need to Know

Apple (AAPL) has been one of the most searched-for stocks on Zacks.com lately. So, you might want...

Zacks via Yahoo Finance 21 Feb 2024

12 Best NYSE Penny Stocks To Buy

In this article, we will take a detailed look at the 12 Best NYSE Penny Stocks To Buy. For a quic...

Insider Monkey via Yahoo Finance 21 Feb 2024

13 Best Stocks To Buy Now According To Billionaire Cliff Asness

In this article, we discuss the 13 best stocks to buy now according to billionaire Cliff Asness. ...

Insider Monkey via Yahoo Finance 21 Feb 2024

Hedge Funds Cut Magnificent Seven in Last Quarter, Goldman Says

(Bloomberg) -- Hedge funds pared exposure to the Magnificent Seven megacap tech stocks in the fou...

Bloomberg via Yahoo Finance 21 Feb 2024

Amazon to be added to the Dow Jones Industrial Average, replacing Walgreens Boots Alliance

Amazon.com Inc. is being added to the Dow Jones Industrial Average, joining Apple, Walt Disney,...

WKMG ClickOrlando 20 Feb 2024

The Dow is due for a change. These sectors may be affected.

The keepers of the Dow Jones Industrial Average will have to make at least one change to the vene...

Market Watch 20 Feb 2024

Apple Shuffles Leadership of Team Responsible for Audio Products

(Bloomberg) -- Apple Inc. shuffled leadership at the hardware team responsible for audio features...

Bloomberg via Yahoo Finance 20 Feb 2024

$SMCI stock price forecast: Rosenblatt still sees a 60% upside

Super Micro Computer Inc (NASDAQ: SMCI) has rallied a whopping 900% in the trailing twelve months...

Invezz 20 Feb 2024