Should You Buy Apple Stock Now for Record iPhone Sales?

Apple (AAPL) stock is inching down on Jan. 30, as rising memory costs temper enthusiasm about future gains despite record revenue on staggering iPhone demand in fiscal Q1. But a senior JPMorgan analyst, Samik Chatterjee, believes AAPL is worth buying on the dip since it’s trading at a discount by historic norms. At the time of writing, Apple shares are up some 50% versus their 52-week low. More News from Barchart www.barchart.com Why JPMorgan Is Bullish on Apple Stock In his research note, Chatterjee ...