As an investor, I have been closely following Apple Inc's stock performance. With their recent launch of a new product, I am unsure if I should hold onto my shares or sell them. What factors should I consider before making a decision?
ReplyI would recommend holding onto your Apple stock. Despite the initial dip in stock price after the product release, the company has a history of rebounding and consistently increasing their market share. In addition, their strong financials and loyal customer base make them a safe investment choice.
I personally sold my Apple stock after the product release. While the company has a strong presence in the market, their growth rate has slowed down and their price-to-earnings ratio is high compared to other tech companies. Plus, competition in the industry is increasing, putting pressure on their sales.