Sat, Apr 27, 2024 10:55 AM
Bank of America lays out the exact scenario that could finally pop
A Flip by Riya Sharma
Household names that captured investors' imaginations in 2021 — like GameStop (GME) and AMC Entertainment (AMC) — are surging higher (and lower, in some cases). And while the sudden appearance of meme stock volatility was once a contrary, risk-off warning for stocks in years past, the 2024 surges appear to be signaling a healthy risk appetite for investments.
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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Apple wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $564,547!
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Apple (NASDAQ: AAPL) has long been viewed as one of the largest growth stocks in the world. But the growth is slowing. In fact, it's been virtually nonexistent for a couple of years now.With iPhone sales declining and Apple facing intense competition, it's fair to consider if it is best to stop viewing Apple as a growth stock and reclassify it as a premium dividend-paying, blue-chip company.
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