Is Now the Right Time to Buy Apple?

Image source: Apple.

Continue Reading Below

Apple (NASDAQ: AAPL) is going through a very particular phase. Revenue is moving in the wrong direction, and this is a big reason for concern among investors in the company. On the other hand, Apple stock looks remarkably cheap at current prices, and sales could start growing again in the middle term. Is now the right time to invest in Apple stock?

Apple stock is bargain-bin cheap

Growth tends to slow down as a company gains size over the years, and Apple is expected to generate nearly $215.5 billion in revenue for 2016. Once you reach such a gargantuan scale, finding new growth opportunities that are big enough to move the needle in terms of overall financial performance can be quite challenging.

<3>More From

Continue Reading Below