Apple is entering a strong time of year. Over the last 14 years, the stock has risen 12 times between April 16 and May 04. The largest return was +20.19% in 2008. The largest loss was -12.36% in 2016. The average return has been +5.07% over the last 14 years and the annualised return has been a healthy +171.97%. Is this the time to buy Apple stocks as the tech sector has had such a strong run through the COVID-19 crisis? The lockdowns have boosted the digitalisation of countries and Apple has been placed to benefit. Can those gains continue as we approach earnings season?

Apple Inc. is an American multinational technology company headquartered in Cupertino, California, that designs, develops, and sells consumer electronics, computer software, and online services.

Trade Risks:

  • There is a growing risk that investors consider equity markets overbought and that could see a correction. It is hard to know when that correction will come, but investors need to be aware of the potential risk.
  • Upside risk: If we see a COVID-19 vaccine-resistant variant this can be expected to boost tech stocks further.