Apple Stock Prediction: What Experts Say About Its Future
Investors Should Focus on Business Fundamentals, Not Stock Splits
Instead of speculating about a potential stock split, investors should focus on the company's strong business fundamentals, analysts say. Apple has a solid track record of innovation, a loyal customer base, and a dominant position in key markets such as smartphones and tablets.
AI Reveal Boosts Stock Price
The recent buzz surrounding Apple's artificial intelligence reveal has pushed the company's stock price higher. Investors are optimistic about the potential of AI to drive future growth for Apple. The company is investing heavily in AI and machine learning, and analysts believe that this could lead to significant new products and services in the coming years.
Analysts Optimistic About 2024
Analysts are generally optimistic about Apple's business and stock price prospects in 2024. The company is expected to continue to benefit from strong demand for its products and services, as well as the growth of its services businesses such as the App Store and Apple Music. The average target price for Apple stock among analysts with 12-month price forecasts is $207.03.
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