It has powerful brands, but macroeconomic headwinds and intensifying competition are a risk for investors.
The S&P 500 and the Nasdaq Composite have both fallen headlong into correction territory. A stock split doesn't change the underlying fundamentals of a business, so that alone isn't a reason to buy the stock. Apple (NASDAQ: AAPL) stunned investors in mid-2020 when the company announced a 4-for-1 stock split, the first in almost six years.
Snapchat, Alphabet, Meta Platforms, Twitter and Apple have been highlighted in this Investment Ideas article.