Prediction: Apple Will Soar After Oct. 28
Apple (NASDAQ:AAPL) stock has been a winner for investors over the years, but in the earliest days of the artificial intelligence (AI) boom, it hasn’t been the most sought-after investment. The company took its time adding AI features to its devices, so it wasn’t seen as a top AI stock.
But this year, as investors began to worry about companies that rely heavily on AI for growth, they returned to Apple. In fact, with a 26% gain so far this year, Apple is the best performer among the “Magnificent Seven” tech stocks that have pushed the S&P 500 higher in recent years.
Now, my prediction is that this solid performance isn’t over, and Apple will soar after a key moment on Oct. 28. Let’s find out more.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.