Is It Profitable To Invest In Apple Inc Stock?

Is It Profitable To Invest In Apple Inc Stock?

Apple Inc. Logo

It’s no secret that Apple Inc. (AAPL) is one of the most profitable companies in the world. But is it a good investment for you? With its stock price hovering around $153.71, and a market cap of $2.471T, it’s certainly worth considering.

In terms of fundamentals, Apple Inc. has a dividend yield of 0.59%, and a P/E ratio (TTM) of 26.06, which is higher than the industry average of 22.1. This suggests that investors are paying more for each dollar of earnings than they would for other stocks in the same sector. However, Apple Inc.’s EPS (TTM) is $5.89, which is higher than the industry average of $3.48, indicating that investors are getting more bang for their buck with this stock compared to others in its sector.

When it comes to performance, Apple Inc.’s YTD % Change is 17.02%, which is higher than the S&P 500 index’s return over the same period (14%). This suggests that investing in AAPL could be a good way to outperform the broader market over time – especially when combined with other stocks or investments in your portfolio to diversify your risk and maximize returns.

Overall, investing in Apple Inc stock can be a profitable move if you’re looking for long-term growth potential and don’t mind taking on some additional risk due to its high P/E ratio relative to other stocks in its sector. Just remember to diversify your portfolio and do your research before making any decisions!

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