Should Investors Buy the Dip in Apple Stock?

By Parkev Tatevosian, CFA – Mar 9, 2024 at 6:45AM

NASDAQ: AAPL

Apple

Market Cap

$2,614B

Today's Change

(-0.35%) -$0.59

Current Price

$169.30

Price as of April 26, 2024, 4:00 p.m. ET

Apple stock is in the dog house after disappointing investors with a lack of artificial intelligence innovation.

Fool.com contributor Parkev Tatevosian evaluates Apple (AAPL -0.35%) stock and determines if this latest dip is a buying opportunity.

*Stock prices used were the afternoon prices of March 6, 2024. The video was published on March 8, 2024.

Parkev Tatevosian, CFA has positions in Apple. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy.

Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.