There is a growing feeling among stock investors that the Apple stock dip could soon be coming to an end, with a majority holding the view that the stock is headed for the oversold region.
To help stock traders who want to invest in Apple, Invezz has created a brief article on the best places to buy it.
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Apple stock is the stock of Apple Inc. and it trades on NASDAQ under the symbol NASDAQ: AAPL.
Apple Inc. is a multinational technology company based in the USA. It specializes in consumer electronics, online services, and computer software.
Apple is the largest information technology company by revenue. It is also valued as the world’s most valuable company since January 2021.
If you are looking to invest in the stock of a telecommunication and technology company, then the AAPL stock could be a good choice.
However, Apple is facing a lot of competition from other brands and there is also the much anticipated Tesla phone that could likely shake up the US market affecting Apple’s fortunes and ultimately its stock.
Analysts predict that the current AAPL stock dip is coming to an end and that the stock is expected to rebound any time from now. Analysts have their eyes set on a price target of $160 before the end of March.
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