Is Apple still a good investment? (2024)

Is Apple still a good investment?

The stock is still a good investment. Apple's high customer satisfaction sets up solid growth prospects as the company introduces new features powered by artificial intelligence for its flagship product.

Is it still good to invest in Apple?

Despite year-to-date declines, Apple's resilient brand, diverse revenue growth, and bullish analyst outlook highlight its investment potential despite market fluctuations.

What will Apple stock be worth in 5 years?

Is Apple good for long term investment?

The company has faced repeated hits to its business but has a promising long-term outlook. Apple (AAPL -1.22%) has had a challenging start to 2024, with its shares down 9% year to date. Macroeconomic headwinds caught up with the company last year, which led to four consecutive quarters of revenue declines.

Is Apple a good stock to buy in 2024?

These assets should allow it to recover its growth momentum, along with help from its push deeper into the services niche. But does that mean Apple is a good buy for 2024 and beyond? The short answer is yes, but with some caveats.

What will Apple stock be worth in 10 years?

In 2030, the Apple stock will reach $ 733.43 if it maintains its current 10-year average growth rate. If this Apple stock prediction for 2030 materializes, AAPL stock will grow 331.71% from its current price.

Does Apple stock have a future?

According to analysts, it was projected that Apple's share price could reach $220 by the end of 2023, $250 in 2024. 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 buy, sell, or hold?

Apple stock has received a consensus rating of buy. The average rating score is Aaa and is based on 67 buy ratings, 30 hold ratings, and 2 sell ratings.

What is the most profitable stock in 5 years?

What will Amazon stock be worth in 10 years?

Analysts at Coin Price Forecast do offer a 2034 projection for Amazon stock, estimating a 10-year price increase of 276%, to $672 per share.

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.

Why is Apple stock dropping so much?

Why Is Apple Stock Dropping? Apple stock has been dropping and underperforming its Big Tech peers for multiple reasons. These include: Stagnant sales: Apple's sales fell YoY in all four quarters of the last fiscal year, and marked the first time since fiscal 2019 that its annual revenues fell on a YoY basis.

Is Apple a better investment than Microsoft?

The analyst consensus growth rate over the next five years for Apple is 11% per year, the lowest five-year growth rate of any Magnificent Seven stock. Compare that to Microsoft's consensus growth rate of 16.3% and it's clear which company is better positioned to grow in the near to mid term.

What stock will boom in 2024?

Is amzn stock a buy?

Shares of Amazon have been trading for more than 41x forward-looking earnings expectations. If earnings don't shoot more than 10% higher in 2024, investors who buy Amazon at its presently high valuation could suffer heavy losses. The stock looks like a buy, but only for investors with a high tolerance for risk.

How high will Apple stock get?

Apple Stock Forecast

The 30 analysts with 12-month price forecasts for Apple stock have an average target of 204.93, with a low estimate of 158 and a high estimate of 250. The average target predicts an increase of 22.93% from the current stock price of 166.70.

Will Apple stock reach $700 again?

Indeed, Apple shares will never get back to $700, says The Economist.

Is Apple stock a good 10 year investment?

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.

How much would Apple stock be worth if I bought it 20 years ago?

What does that look like on a brokerage statement? Check out the above chart and you'll see that if you invested $1,000 in Apple stock 20 years ago, it would today be worth almost $530,000. The same $1,000 invested in the S&P 500 would have theoretically turned into $6,186 over the same period.

Where will Tesla be in 5 years?

Wall Street expects Tesla earnings per share of just $2.96 a share in 2024, according to FactSet. That would be a around a 5% decline vs. last year's $3.12. That was a 23% decline vs. 2022. Analyst project a solid increase in 2025 to $4.13 a share.

How much will Tesla stock be worth in 2025?

Projections for the TSLA rate in 2025 vary significantly among analysts, with estimates ranging from a stock price above $300 to $3,000 per share. These projections are based on various factors and assumptions, including Tesla's market performance, EBITDA margins, and the broader electric vehicle market.

What will Tesla stock be worth in 2030?

He forecasts Tesla stock to gain about 550% to hit $1,200 a share by 2030, and for SpaceX to triple in valuation over the same period, according to a recent interview conducted by Bloomberg. Baron runs the Baron Focused Growth Fund, which counted Tesla and SpaceX as its largest holdings as of December 31, 2023.

Who owns the most Apple stock?

Vanguard owns the most shares of Apple (AAPL). What is the significance of the ownership structure for a publicly traded company?

What is Apple's forecast for 2024?

After Apple's recent earnings report, 43 analysts projected the company's 2024 revenue to come in at $388.3 billion, similar to the previous 12 months. Predicted earnings per share stood at $6.55, also consistent with last year's results.

Who is the largest shareholder of Apple?