Monday's stocks to watch: AAPL, BAESY, BA >> READ MORE

Apple Inc. Wins in 2017 But Will Have a Tough Time in 2018

As it nears the end of a great year, AAPL stock is overdue for a pullback

aapl stock

Source: Shutterstock

    View All  

That means there is a lot of pressure on new iPhone sales in 2018/19 to meet or exceed expectations.

Overall, there is a ton of pressure on AAPL stock currently, more so than at any other point over the past 5 years (save late 2014 / early 2015).

Indeed, the current situation draws eerie similarities to late 2014 / early 2015. Big valuation. Big expectations. A seemingly unstoppable growth narrative. The stock trading at fresh all-time highs.

By mid-2016, AAPL stock had collapsed. I think AAPL stock is due for a similar fall from grace soon.

Bottom Line on AAPL Stock

AAPL stock is near the end of what was a great 2017.

But 2018 will look much different.

I think now is the time to take some profits off the table.

As of this writing, Luke Lango did not hold a position in any of the aforementioned securities. 

Article printed from InvestorPlace Media,

©2017 InvestorPlace Media, LLC