Apple Stock: Fears Are Overdone, Say These Analysts

It is looking uglier by the day. With mounting fears over lingering inflation, rising interest rates that don’t seem to find a ceiling, and deterioration in global economic activity, Apple (AAPL) – Get Apple Inc. Report stock has reached 24% lower for the year alongside an equally soft S&P 500 (SPY) – Get S&P 500 ETF TRUST ETF Report.

However, even ahead of a nail-biting CPI report scheduled for this Thursday and the upcoming calendar Q3 earnings season for tech companies, a couple of analysts have been emphatic: there isn’t too much about AAPL that should worry investors now.

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Naveen Kumar

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