When Is It OK to Take a Bite Out of the AAPL Pie?

Man stuck in apple pieEarlier this week, Apple (AAPL) reported earnings that exceeded street forecasts, resulting in an immediate pop in the stock. There has, however, been no follow through in terms of the price, with much of the gain being given back the next day. This re-enforces the belief that, after years of being the darling of the markets, AAPL is stuck in a rut. So why would anyone want to buy AAPL?

There are, of course, several reasons. Apple is still a great company and the stock has dropped 30% since a year ago and lost 40% versus the all time high…

Read more: https://www.nasdaq.com/article/when-to-buy-apple-aapl-cm261635#ixzz2pMhp4yZ8