Reported 4 months ago
Apple's stock performance may have lagged behind other tech giants this year, but there are three key reasons to remain optimistic about the company. Firstly, Apple has been making advancements in AI, with a focus on expanding its capabilities through acquisitions. Secondly, there is potential for growth in China as upgrades to newer iPhone models could boost sales. Lastly, Apple's robust fundamentals, including strong services revenue and significant share buybacks, indicate potential for upside despite recent performance. Analysts are largely bullish on AAPL stock, with an average price target suggesting an 8.1% upside.
Source: YAHOO