Someone on CNBC mentioned Perplexity AI so I decided to go to its website and ask ”Should I keep my Apple stock?” Here’s what it said:
“Based on the search results provided, here is my recommendation on whether you should keep your Apple (AAPL) stock:
You should keep your Apple stock. The search results indicate that while Apple is facing some near-term challenges and its growth may slow, it remains a strong and resilient company with a loyal customer base and opportunities for future innovation.The key points are:- Apple's revenue growth has been flat over the past two years, and analysts are only expecting modest single-digit sales and profit growth in the next few years. This has caused the stock price to pull back from its highs.
- However, Apple is still seen as a good long-term investment by many analysts, who believe the stock could reach nearly $200 per share in the next year, up over 17% from the current price.
- Apple has a strong moat with its ecosystem of devices and services, and the company is expected to continue innovating and providing products that consumers are willing to pay premium prices for.
- While the stock may face near-term volatility, there are no strong reasons to sell the stock based on the fundamentals of the business. The advice is to hold onto the stock unless the company gives you a specific reason to sell.
So in summary, the search results indicate that you should hold onto your Apple stock, as it remains a solid long-term investment despite some short-term challenges. The company's fundamentals are still strong, and the stock price could rebound in the coming years.”
A reasonable reply. However, I also asked Perplexity AI the date of the next “$1.49 day” sale at a nearby grocery store chain and it gave me a date from 3 months ago when a previous sale event happened. |
