With Tim Cook's Era Ending, Is Apple Stock a Buy Under John Ternus?
The incoming CEO follows a leader who generated nearly 2,300% returns during his 15-year tenure.
Overview
The Tim Cook era at Apple (NASDAQ: AAPL) has come to an end. Cook took over from Apple Co-Founder Steve Jobs, who was then in ill health and passed away soon after. During his tenure, Apple's stock rose by nearly 2,300%.
Amid that gain, incoming CEO John Ternus will have a tough act to follow. Such a move is not necessarily the time to give up on Apple stock, but Apple will probably have to make some changes before becoming a buy.
Image source: The Motley Fool.
Details
Source
Originally published at www.fool.com.
Related Articles
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.