From Yahoo Finance.: 2024-04-27 05:15:00

April saw a 5.5% drop in the S&P 500, raising concerns among investors. Despite being part of the “Magnificent Seven,” Apple’s stock has been struggling this year, down 14%. However, Apple’s reasonable valuation, strong earnings quality, and massive capital return program make it a good value buy during market sell-offs. With a solid financial position, including a large cash reserve, Apple is well-positioned to weather downturns. Investors looking to capitalize on market volatility may find Apple to be a stable investment option. Consider evaluating your portfolio and adding Apple as a resilient stock pick.



Read more at Yahoo Finance.: Worried About a Stock Market Sell-Off? Buy This “Magnificent Seven” Stock