Apple stock is always an attractive asset to invest on New Year's Eve. During this period of time, the company's products are actively bought, which makes very good profits for the company and stimulates the stock to grow. Moreover, at this time, the company's products correspond to the maximum price. And although this year was very difficult for the World and American economy, and the purchasing power of the population decreased due to high inflation and other factors. But I don't think that will stop Apple fans. The situation that has developed in China against the backdrop of new outbreaks of coronovirus has currently reduced the company's production volumes, and this may somehow reduce the growth activity of shares. However, I think we are at the beginning of a new bull trend. Just as many analysts agree that it is the technology sector that will have the greatest growth potential! Draw your own conclusions on this.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.