Investing $1,000 in Apple stock post-Jobs' return in 1997 could yield around $1.8 million

From Nasdaq: 2024-06-28 18:32:07

Apple stock, listed as AAPL on NASDAQ, faced challenges following Steve Jobs’ firing in 1985. Despite struggles and suspending dividends in 1996, its fortunes changed after Jobs’ return in 1997. With innovative products like the iPhone, Apple’s shares have surged, making it a top tech company today.

Investing $1,000 in Apple stock in 1997, post-Jobs’ return, could yield around $1.8 million today, assuming dividend reinvestment. Jobs’ strategic moves, including partnerships and product launches, elevated Apple’s success. Although innovation slowed after Jobs, Apple’s market cap remains strong, with steady growth prospects for investors.

While Apple remains a top tech company, the Motley Fool’s Stock Advisor analysts see potential in other stocks for higher returns. Consider their top 10 picks, excluding Apple, for significant growth opportunities. Stock Advisor provides guidance on building portfolios and achieving above-market returns, aiming to help investors maximize their investments.

Disclaimer: Suzanne Frey from Alphabet serves on The Motley Fool’s board of directors. Author Will Healy holds no positions in the mentioned stocks. The Motley Fool recommends and has positions in Alphabet, Apple, and Microsoft. Investors should review their investment strategies based on individual goals and risk tolerance.



Read more at Nasdaq: If You’d Invested $1,000 in Apple Stock 27 Years Ago, Here’s How Much You’d Have Today