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  Apple stock woos investors
Time: 22:41 EST/03:41 GMT | News Source: Macworld UK | Posted By: Erick Cordero

Apple has reinvented itself as a valuable investment and its 50 per cent rise in stock values is testament to the company's insanely great turnaround.

While investing in Apple was once seen as a steady though not enormously profitable stock investors are now more "willing to value" the company, Reuters reports. The company's stock is now attracting long-term and momentum investors.

Cross Research analyst Shannon Cross told Reuters: "Longer-term investors are looking at it right now and saying Apple's got these great products out there and more coming and we trust them."

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#226 By 4240821 (77.83.6.99) at 10/25/2024 7:34:41 AM
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