Forget Apple: This Other Buyback Stock Soared 28% Over the Last Year, and Could Be Headed Even Higher
AppleApple(US:AAPL) fool.com·2024-05-20 10:30

Apple made headlines following its announced $110 billion share buyback, but another company also buying back stock may be the better opportunity.Earlier this month, iPhone maker Apple turned heads after announcing a $110 billion stock buyback. On the surface, this looks like great news for investors. However, I see the latest buyback as a way to distract investors from the operational challenges Apple faces. Investors may be finally getting fed up, as shares of Apple are modestly down over the last year.An ...

Forget Apple: This Other Buyback Stock Soared 28% Over the Last Year, and Could Be Headed Even Higher - Reportify