Apple stock is not a buy right now. It is currently extended beyond the 5% buy zone of its last breakout. In a positive sign, it has risen above its 50-day moving average line. AAPL stock needs to form a new base in the right market conditions before setting its next potential buy point.7 hours ago
Is Apple a safe investment?
Apple's core business is still strong, and it has plenty of cash for fresh investments and buybacks. Apple's reputation as a “safe haven” tech stock is also inflating its valuations and limiting its upside potential.
Is Apple a Buy Hold or sell?
According to Yahoo Finance, of 38 analysts who follow Apple stock, 11 rated the stock a “strong buy,” 21 rated it a “buy” and six rated it a “hold.” None of the analysts considered Apple to be an underperformer or recommended that investors sell it.
Is Yahoo Finance financials accurate?
Company PR, NYSE, NASDAQ are also reliable. Since you mention yahoo… Yahoo does not calculate or maintain any financial data.
Should I use Yahoo Finance?
Despite some of the annoying glitches you may face, Yahoo Finance is extremely useful in having your portfolio, and has a lot of key statistics of a given stock. Some problems you may face are, let's say, adding a stock to your portfolio. Sometimes, it will say it's unable to, and just faces some technical glitches.
Why is Amazon stock price higher than Apple?
Why Is Amazon's Stock So Expensive? The reason for Amazon's high stock price is that the company's share count is low relative to its total market capitalization. Amazon could reduce the price for each share by splitting its stock further which would increase the total amount of shares outstanding.Jan 5, 2022
Why have Apple shares dropped so much?
Apple shares fell Thursday following a report that the company has told its suppliers iPhone demand is weakening heading into the holidays. Apple previously warned that supply constraints will cause it to miss at least $6 billion in revenue for the holiday quarter.Dec 2, 2021