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03.11.2025 14:07:00

Am I the Only One Worried That Apple Hasn't Earned Its Recent Upticks?

It was a week to remember for Apple (NASDAQ: AAPL) and its investors. The consumer tech tastemaker hit an all-time intraday high in each of the week's five trading days. It's not alone. A lot of companies are racing to hit fresh high-water marks in the current bullish climate.Apple investors have been treated to a 64% gain since bottoming out in April, but it's also not alone on that front. Most stocks -- and tech stocks in particular -- have been soaring the since the initial tariff-related sell-off nearly seven months ago. Most of the other "Magnificent Seven" stocks have actually moved even higher since April.Near the end of last week's run of daily intraday highs, Apple also posted well-received quarterly results. It was a modest beat, and near-term guidance was promising. However, many of the same questions that plagued Apple earlier this year remain. The stock is just trading a lot higher, and it leaves me wondering if the class act of Cupertino is worthy of its upticks.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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