Since rocketing to a high of 132, #Apple has been stuck in a trading range or consolidation. What will break the stock out of the range? Will it be news, earnings report, or something else? Perhaps the company will put the enormous cash horde into play. The big question is - when to buy.
I think it's safe to buy #Apple at current prices, but as I said last week - at a dividend yield around 1.5%, there isn't a compelling buy here. You could do worse with your money, however as the massive cash pile will protect your investment.
I think it's safe to buy #Apple at current prices, but as I said last week - at a dividend yield around 1.5%, there isn't a compelling buy here. You could do worse with your money, however as the massive cash pile will protect your investment.