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BusinessLogr > Industry > Apple’s stock nears bear market. Buy it?
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Apple’s stock nears bear market. Buy it?

deep
Last updated: 2016/01/10 at 4:59 AM
deep Published January 10, 2016
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Shares of the world’s biggest company by market capitalization are about to enter bear market territory, but that feat may present a buying opportunity, if history is any guide.

Since reaching a record price of $134.54 on April 24, Apple’s stock fell 17 percent as Wall Street predicts a slowdown in iPhone sales, the firm’s biggest source of revenue.

As Apple shares take a hit, CNBC Pro ran the numbers to find out how the stock could trade in the days ahead.
[“source -cncb”]

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TAGGED: Apple's stock nears bear market. Buy it?
deep January 10, 2016
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