AAPL may be one of the best run companies in modern history. Incredible cash reserves, a loyal customer base that seems unphased by economical conditions, and now a celebrated vertically integrated personal computing offering make Apple a prime candidate for every long-term portfolio.
After years of COVID craziness and the following inflation shock, the markets have started the new year with new confidence. Predictable monetary policy, a recovered shipping industry, and reduced inflation are setting up a new long-term bullish cycle.
This paired with a good technical position -- a price below the 200MA and the long-term trendline for the first time since COVID made the markets crazy -- make this the perfect time to enter a big long position.
Any price under 140 is good, more active investors should be able to get in under 135.