This 1.3 Billion Figure Makes Apple Stock a Buy

It's been a tough year for Apple Inc. (NASDAQ: AAPL). Flat iPhone sales, trade war attrition, and volatile market conditions have driven Apple stock down 26% over the last three months. The trend has put a bad taste in Wall Street's mouth. Over the last 30 days, eight financial analysts lowered their price targets for Apple. However, Apple's sudden price drop isn't a sign of impending doom for the tech juggernaut - it's the result of analysts missing the bigger picture. Tags: Apple stock To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2018 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post This 1.3 Billion Figure Makes Apple Stock a Buy appeared first on Money Morning - We Make Investing Profitable .
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