Apple (NASDAQ: AAPL) is one of the safest and best long term growth stock.

finviz dynamic chart for AAPL

Listed below are reasons to invest in Apple:

  • Apple has huge amount of cash. At the end of the second quarter, it had $193 billion in cash. It can continuously pay its dividend payments into the future without problem.
  • Apple’s iPhones and related technologies are huge in popularity and customer loyalty. These will continue to generate Apple’s revenue for the foreseeable future.
  • Apple’s service business, with higher margins, will continue to grow of its overall business.
  • Warren Buffet, famous investor, company owns huge amount of Apple stock shares.

Long term wise, continue investing by dollar-cost averaging of purchasing Apple stocks.

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