Apple Inc. (AAPL) is currently experiencing a period of heightened investor interest, as discussions on Reddit reveal a mix of optimism and caution among traders. With no specific news driving today's stock movement, Reddit users are focusing on broader market strategies and upcoming events. One user mentioned selling AAPL shares ahead of the Federal Reserve meeting as part of an end-of-year tax strategy, noting, "I know a rate cut is expected but there is speculation on what the going forward guidance will be." Another user expressed confidence in Apple's future product launches, particularly the M4, while also voicing concerns about iPhone sales.
The Reddit community is also buzzing about Apple's potential for growth in the coming years. Some users are speculating on the stock's trajectory, with one predicting, "First half of 2025, may see 320 test for $AAPL," while others are discussing the implications of Apple's high P/E ratio and the need for new revenue streams. Additionally, there is chatter about a lawsuit involving over 13,000 developers, with one user questioning its potential impact on the stock: "Could this dump their stock or it's not something we should be worried about?"
As of 12:00 PM on December 17, 2024, Apple Inc. (AAPL) is trading at $253.06, reflecting a slight increase of 0.80% from the previous close.