2024-04-20 01:42:54 ET
Summary
- Apple has raised the dividend for twelve years and is likely to hike it once again next month -- probably by 4%.
- Apple's history shows that periods of lower growth are good opportunities to add the stock to your portfolio.
- Exciting releases like the Vision Pro and potential in the home robotics market make Apple a promising investment.
- Investors can expect double-digit annual returns in the years to come.
Apple ( AAPL ) is one of an elite group of companies with a market capitalization above $2 trillion . When I last wrote about the company a year ago, the valuation was $2.7 trillion, slightly higher than the current level. That is one key reason I think the name is a buy today, as opposed to a sell last year. ...
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Apple Should Climb The Wall Of Worry