Apple shares outperforming S&P 500 amid reduced trade tensions, making ETFs an attractive investment

From Nasdaq: 2025-04-23 13:00:00

Apple shares have outperformed the S&P 500, falling only 1% compared to the index’s 2.3% decline in the past week. President Trump excluded smartphones, laptops, and tech devices from reciprocal tariffs to ease trade tensions on April 12, 2025.

Wall Street saw signs of reduced trade tensions on April 22, 2025, with Apple shares rising 3.4%. Despite recent challenges, Apple’s strong cash flow and balance sheet make it a safe bet for investors.

Apple’s stock price is at $199.74 as of April 22, 2025, with a 14-day Relative Strength Index (RSI) at 45.92. The company’s valuation is at its lowest point since 2023, making it an attractive entry point for investors.

Investors can consider buying the dip in Apple stock through ETFs like IXN, VGT, FTEC, IYW, and XLK, which minimize company-specific risks. Apple shares have priced in risks and corrected valuation concerns amid ongoing tariff turmoil.



Read more at Nasdaq: Are Apple ETFs Ripe for a Rebound?