Apple🍎 to the Moon🌕 & Beyond🚀 Definitely A New High Time & Again🚀🚀🚀 $Apple(AAPL)$
Why would I say 🍎 will definitely hit a new high? Why is 🍎 one of the BESTTT stocks to have in our portfolio?
(1) A share buyback scheme increases a stock’s price‼️
➡️ During the company's March quarter, 🍎 announced that its board authorised an increase of 90 billion to its existing share repurchase program. At that time, the company reported 43.11 billion in buybacks through the 2nd quarter of its fiscal year. In the company's most recent earnings report from the end of July, 🍎 reported total fiscal year buybacks of 64.97 billion, which shows that Apple repurchased 21.865 billion of its stock last quarter.
(2) Any stock loved by investors will go up‼️
➡️ Investors L❤️VE 🍎! If 10 represents a number of completeness, then when I say investors L❤️VE, I actually mean ❤️❤️❤️❤️❤️❤️❤️❤️❤️❤️
➡️ A stock that’s not loved by investors will not have significant growth in its stock price even if the company has strong fundamentals. Classic example: $Tesla Motors(TSLA)$VS $Ford(F)$
(3) Even Warren Buffet believes in 🍎‼️
➡️ Buffet is a value investor, he never jumps into the latest craze even if a stock is exceptionally popular. He only enters when a stock has intrinsic value & when there’s 💵💵💵 to make. Buffet leaves when the company proves otherwise.
➡️ If Buffet has been a supporter of 🍎 for so long, we know that 🍎 has value. So it’s not only safe to add 🍎 in our portfolio, but it’s one of the BESTTT stocks to have😉
(4) 🍎 has shown that it’s not a one-man legacy & 🍎 continually innovates to capture the attention of its buyers‼️
➡️ A company is only as successful & as strong as its leaders. Steve Jobs & his obsession for the perfection is the reason why people love 🍎 so much. It’s too beautiful not to have an 🍎 product in one’s life😅 Even though 🍎 products cost an arm & leg, people would save up to buy an 🍎 over a functional📱or 💻 When Steve Jobs died, the 🌎 pondered for awhile, can 🍎 still shine without him? And…the answer is YES‼️
(5) 🍎‘s historical stock chart tells me that it will hit a New High Time & Again‼️
➡️ See photo
The stock market had a sudden pullback on 19/8 (Fri) as investors finally digested the reality that another consecutive 75bps rate hike may be inevitable. The recent tech rally have been fuelled by the hopes that the Fed might be less aggressive after CPI dropped from 9.1% back to 8.5% but some investors’ hopes were finally crushed & 🍎 dropped 1.51% yesterday. There may be further pullbacks next week depending on Powell's speech on the economic outlook at the annual global central bankers' conference in Jackson Hole, Wyoming. No one can predict whether there will be a pullback next week, we can only tell when it happens😅
I will buy the dip if there’s greater pullbacks next week for the reasons stated above. Even if 🍎 doesn’t hit a new high soon, it will eventually hit a new high later😉 I love this photo of 🍎 being depicted as the 🌎 just beneath the 🌕 It totally embodies my points that we love 🍎 so much & its potential is to the 🌕
As usual-🤔💭 Consider POV & Actions of investors + 👩🏻💻👨🏻💻 Research + 🗑FOMO & Greed = Investing Wisely 🤓🤗 + Accumulating Wealth 💵💰
Source websites: Benzinga & Reuters.
@TigerStars@CaptainTiger@MillionaireTiger
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Is it time to buy Apple?