Among core stock holdings I would recommend for investors with a long-term investing time horizon, Apple Inc. (NASDAQ:AAPL) continues to be my top pick of any company. This tech giant has held the title of the world most valuable company for much of the past decade. This is with good reason. In this article, I'm going to discuss why I see Apple’s stock continue to outperform over the long term.
Apple's brand is among the most prominent in the world, with a cult-like following driving a durable competitive advantage in the consumer electronics space other companies can only dream of. The company's closed loop product ecosystem provides room for incremental revenue growth via product add-ons and services, purchases which continue to support amazing margins and earnings each and every quarter.
This COVID-19 pandemic has indeed provided Apple with near term headwinds related to the company's supply chain and procurement strategy. However, the company has done well to manage these risks and keep products selling well on a very good e-commerce platform. I expect the company to re-think its physical retail footprint coming out of this pandemic, potentially investing in online infrastructure and shipping capabilities to grow sales at an even faster rate and expand margins even further, a bullish long-term concept for investors.
Invest wisely, my friends.
