Shares & Derivatives
$AAPL sell off: Can Apple remain a “defensive” tech play or is there more room to fall?
By Dr Wealth  •  October 4, 2022
Apple has most certainly been known to be a rather defensive tech play for investors want exposure into tech while also enjoy the “safety” behind the inelastic demand of luxury goods. Considered to be a safe haven stock in times of volatility, Apple has most certainly held its worth for much of 2022 losing a little less than 25% of its share price at present. Even the likes of Amazon and Google can’t compare as both are almost 40% off their highs at present hence Apple is still in the “lead”. (Alvin also shared insights here) However, just last week, investors have started to cast doubts over Apple as many are wondering if their stock price is just “waiting” to fall as much as their peers or if they truly belong a tier ahead of others. In this article, I’ll be looking at some of the latest news surrounding Apple as well as my...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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