When choosing the best company each year, we look back at prior picks to see how well they've held up. Our record is solid but not perfect.
Despite a multi-trillion dollar valuation, this massive company could still produce market-beating returns.
Shares of Apple (NASDAQ: AAPL) have recovered nicely in 2021 after a shaky start to the year, gaining more than 23%. What's impressive is that Apple has staged a comeback despite supply chain challenges that hurt its sales in the fourth quarter of fiscal 2021 (which ended on Sept. 25). As the chart above shows, Apple stock has gained momentum since the beginning of October.