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Apple Inc. in April announced aggressive new tactics to win back investors’ affection – including a stock split and a sweetened share buyback program – and it appears to be succeeding for now. Shares have risen at a strong pace since then, and have now outperformed the S&P 500 by about 37 per cent over the past year.
There could still be further upside ahead, judging by this StockReports+ report.
StockReports+ gives each stock an average score that combines the quantitative analysis of six widely-used investment decision-making tools: earnings, fundamentals, relative valuation, risk, price momentum and insider trading. The score for Apple is 10 out of 10, and has remained there since the end of April.
Read more in this comprehensive report.
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