#2 - Apple (NASDAQ:AAPL)
Apple (NASDAQ:AAPL) is a brand known for its iconic iPhone and for its innovation. Like Disney, the company continues to reinvent itself in an attempt to “skate where the puck is going.” That’s why the company has broadened its reach into Services and may even be making a foray into the electric vehicle (EV) sector.
It may be enough for some investors for to point to AAPL stock as a “Warren Buffett stock.” But when you look at Buffett stocks, you also include a stock like Coca-Cola (NYSE:KO) …not exactly a growth stock. Apple on the other hand is part of the FAANG stocks. But unlike many of those companies, Apple operates much more like a value stock.
To illustrate that, Apple initiated a four-for-one stock split in 2020 showing that the company is mindful of keeping AAPL stock accessible for many investors. Plus it just increased its dividend and its share buyback program.
About Apple
Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.
Read More - Current Price
- $229.87
- Consensus Rating
- Moderate Buy
- Ratings Breakdown
- 23 Buy Ratings, 11 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $235.25 (2.3% Upside)
