Should Investors Buy Apple? The Answer Is Not That Simple [Forbes]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
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Source: Forbes
gettyApple is one of the stock market’s blue chip stocks, and has had a very interesting year. From the COVID pandemic, to issues with China, to the stocks’ recovery and subsequent split, Apple has proven to be as resilient and as strong as ever.With the recent release of its new Apple Watch and iPad Air, to great reviews, Apple is set to take on the rest of 2020 by storm. In fact, its Apple Watch has now overtaken the entire Swiss watch market in terms of watches shipped. Once Apple releases its new iPhone in November, they could really close this turbulent year out on a high note. However, is Apple truly a strong buy right now?The stock has strongly performed this year, but headwinds still remain. It has underperformed ever since its stock split at the end of August, and technical indicators are not looking great at the moment. Furthermore, there are macro headwinds as well, as Tech has struggled mightily over the course of the last few weeks. Economic indicators are still questiona
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