Apple has lost $450 billion in market capitalization since President Trump announced his reciprocal tariffs on Wednesday. Shares are now trading below $190 per share. Is it time to by Apple stock? Frank DeMatteo for Investing.com:
We’re seeing sub-$190 AAPL now. Yes, it is glorious! Hopefully, the fomenters can continue piling on and push it even lower! AAPL is like a buoy. Quick, it’s back on the surface! You there, analyst, and you, too, swim down and tug on the chain! Drag it under… lower, lower… Good! Now, quick, everybody jump on, and we’ll take a ride back up to the top again! — MacDailyNews Take, January 9, 2012, on which date AAPL closed at $12.69 At the most basic level, it’s extremely simple: Pump, then dump. Foment, then buy. Rinse, lather, repeat as the SEC sleeps. — MacDailyNews, April 26, 2012, on which date AAPL closed at $18.29 CNBC’s Jim Cramer maintains one key guideline: when the market gives you a chance to buy a high-quality stock, you must take advantage of it: “You literally have to take action right into the knee-jerk negativity to get the best buys, and that confuses a lot of people.” – Elizabeth Gurdus, CNBC, October 16, 2017 Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post After $450 billion hit on tariff panic, time to buy Apple stock? appeared first on MacDailyNews. You're currently a free subscriber to MacDailyNews. For the full experience, upgrade your subscription. |
Friday, April 4, 2025
After $450 billion hit on tariff panic, time to buy Apple stock?
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