The Reasons Why I’m A Scale-Down Buyer Of Apple For My Grandchildren


  • An over 26% loss in 2022 with one day to go.
  • AAPL has underperformed the S&P 500 but has outperformed the Nasdaq.
  • Technical and fundamental issues facing the $2 trillion company.
  • AAPL has experienced severe corrections in the past.
  • The three reasons I will continue to buy for my grandchildren.

Flat Lay of different apple products on a grey background.

Shahid Jamil

Steve Jobs, Ronald Wayne, and Steve Wozniak founded Apple (NASDAQ:AAPL) in 1976 in Steve Jobs’ garage. Over the next 46 years, the company grew to be the world’s leading technology company with the top market cap. AAPL’s innovation made it the

My beautiful granddaughters

My girls… (Self photo)

Decline in 2022

Ten-Year Chart of AAPL Shares (Barchart)

Declines in 2022

Chart of the S&P 500 Index (Barchart)

Decline in 2022

Chart of the NASDAQ Index (Barchart)

Series of significant corrections

Twenty-Year Chart of AAPL Shares (Barchart)

Long-term returns

Long-Term Chart of AAPL Shares (Barchart)

Disclosure: I/we have a beneficial long position in the shares of AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Additional disclosure: The author always has positions in commodities markets in futures, options, ETF/ETN products, and commodity equities. These long and short positions tend to change on an intraday basis.

The Hecht Commodity Report is one of the most comprehensive commodities reports available today from a top-ranked author in commodities, forex, and precious metals. My weekly report covers the market movements of over 20 different commodities and provides bullish, bearish, and neutral calls; directional trading recommendations, and actionable ideas for traders. I am offering a free trial and discount to new subscribers. 

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