Should I buy Apple Stock after it splits?

Question

Apple's shares are going to be around $70 after the upcoming split and it seems as good a time as any to buy. I think it's pretty much guaranteed to go back up, maybe not all the way to $600 but even $200 would net me a nice return if I invest about $2000.

Thoughts?

rarguile · Accepted Answer

Buy it before it splits - the public will jump, like you, at getting their hands on AAPL stock when it's only $7000.00 for a hundred shares.
It would be better to buy 10 shares now and take advantage of the surge in interest.

(technically a split doesn't change the underlying value of the stock since the value of a new share is exactly one seventh of the current value)

Anonymous · Answer

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Ingenu · Answer

Investment decisions should not be made on news of a split unless you are a daytrader.

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Should I buy Apple Stock after it splits?

3 Answers