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Let's explore where Apple stock might be by this time next year. Indeed, Apple's 269% return in just the past five years has more than tripled the S&P 500 index's 82% gain over the same period.
Shares of Apple (NASDAQ: AAPL) have delivered returns of 33% in 2024 as of this Dec. 30. Many investors have turned bullish about Apple's prospects after seeing those results, which revealed ...
If Apple's stock falls to a P/E ratio of 30, the stock price would need to decline by nearly 30%. A P/E ratio of 25 (around the S&P 500's valuation) would imply a fall of more than 40%.
Apple stock hit an all-time intraday high Thursday after a nod of confidence in its continued upswing from Wall Street.Wedbush analyst Dan Ives raised his price target on Apple shares to a new ...
The jump in Apple's stock price was driven by the company's better-than-expected numbers. It earned $1.53 per share on revenue of $90.8 billion, while analysts were expecting $1.51 per share on ...
After several quarters of slow growth, Apple (NASDAQ: AAPL) is accelerating the top line as new iPhones launch. *Stock prices used were the afternoon prices of Nov. 2, 2024. The video was ...
If we multiply the projected earnings after two years by the U.S. technology sector's average price-to-earnings ratio of 50, Apple's stock price could hit $415 in a couple of years. That would be ...
That could be a troubling situation, given where the stock is today. Shares currently trade at a forward price-to-earnings ratio (P/E) of 31. Meanwhile, analysts have gradually lowered their long ...
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