Jim Cramer expresses his belief in Apple Inc. (AAPL) as a long-term investment, stating it is a significant holding in their trust. However, it's also noted that Apple's stock is considered expensive as it recently surged to a new record high. Analysts speculate if
Warren Buffett made a mistake with Apple stock, while others predict he will sell all of his Apple stock by 2025. Notable wealth management and investment firms actively adjust their positions in AAPL, with some trimming and others increasing their stakes.
JPMorgan maintains an overweight rating on AAPL and predicts growth from the upcoming
iPhone 17 expected to be powered by AI. AAPL has also been named as one of five stocks close to buy zones along with Meta. Despite high-profile share sales, others believe Apple's stock remains a viable investment based on its Q4 forecast revolving around the iPhone 16. Buffett's selling of half his AAPL shares in Q3 is also highlighted. Concerns emerge, though, that iPhone 16 builds may have been decreased, affecting AAPL's market performance.
Apple Stocks AAPL News Analytics from Mon, 15 Jul 2024 07:00:00 GMT to Sat, 21 Dec 2024 10:31:17 GMT -
Rating 4
- Innovation 7
- Information 9
- Rumor -5
