jayc
2022-03-19

$Apple(AAPL)$In the iPhone era, i.e. since 2007, Apple shares dropped at least this much a few times: certainly during the Great Recession of 2008, but also in 2013-2014, 2017-2018, and during the more recent COVID-19 bear market.

Whenever a 17%-plus selloff happened, Apple managed to produce outstanding average returns of 56% one year later! While, in rare instances, share price continued to decline after the 17% drawdown, the stock was in positive territory a year later 92% of the time.

Check out the histogram below, which shows the distribution of one-year forward returns after Apple stock dipped 17% of more from a peak, since 2007:

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • SteadyDoesIt
    2022-03-19
    SteadyDoesIt
    $Apple(AAPL)$ is not a stock you trade. You find a good entry point and just buy and hold. A small decline is not a reason to sell. Company is on a growth trajectory and a cash cow
  • YiCheng0301
    2022-03-21
    YiCheng0301
    The ultimate advantage of apple is it's Apple Ecosystem: Hardware + software. That's why it remain the biggest cap stock in the world
  • Lao Tzu Ang
    2022-03-20
    Lao Tzu Ang
    If buying Apple stock is not yielding profit in 3 years, it cannot be the King of stocks!
  • AngieAbcde
    2022-03-20
    AngieAbcde
    Iphone ipad pencil ipods mac… we just buying right
  • prestomanik
    2022-03-20
    prestomanik
    honestly it's just about branding but hey they are doing a good job at least. new products are always still sold out almost immediately. just... hold.
  • Oldhead
    2022-03-20
    Oldhead
    Stock price of fundamentally strong companies will always go back to the "right" price level.
Leave a comment
6