If You’d Invested $10,000 in Apple Stock 5 Years Ago, Here’s How Much You’d Have Today
From Nasdaq: 2024-05-14 06:11:00
In the past five years, Apple stock (NASDAQ: AAPL) has surged by 277%, with a 291% total return including reinvested dividends, reaching an impressive $39,100 from a $10,000 investment.
Apple’s five-year performance far outstrips major benchmarks like the Nasdaq 100, S&P 500, and Dow Jones Industrial Average.
Apple’s success stems from strong financial growth, demonstrated by significant increases in total revenue, product revenue, service revenue, earnings per share, and reduced outstanding shares.
Despite Apple’s impressive performance, the Motley Fool Stock Advisor suggests other stocks for better potential returns, pointing out past successes like Nvidia. Stock Advisor aims to deliver double the S&P 500 returns.
Investors are urged to consider alternative stock opportunities rather than investing in Apple currently, according to the Motley Fool Stock Advisor. Past stock picks have significantly outperformed Apple and the S&P 500.
Read more at Nasdaq: If You’d Invested $10,000 in Apple Stock 5 Years Ago, Here’s How Much You’d Have Today