Millenials represent Apple's most trusted market. This generation group not only finds Apple's devices attractive, but also trusts the company for a portion of its investment capital. According to a study published by Apex Clearing, Apple leads the list of 100 popular acts among American investors at age 31.
A recently published list shows that it is usually technology companies that generate the highest interest when investing in stocks. The top positions are occupied by American tech companies of high value: Facebook, Apple, Amazon, Netflix and Google
Apple has built loyalty for thousands of years
Apple leads the group with 13.5% of the average holdings of investors. Amazon and Tesla followed closely with 11.2% and 5.8%. Apex Clearing said young investors continue to support small companies as Tesla, Alibaba, Shopify, unlike the condition of boomers or the quiet generation, says Apex Clearing.
Aside from anything else, trust in Apple is more than supportive. The first trading day of 2020 saw the market capitalization an exciting rate placing it in third place on its way to its trillions of dollars.
In addition, earnings over the last quarter have also raised expectations of what is expected to be Apple's best year due to a potential need to launch IPhone 5G The company also seems to have found a balance between premium prices and entry level. With all the weather around Apple, many have raised their stock price, giving it a boost as a popular act for some time.
Apple is having a great time and everyone is betting on it. What do you think about the growth of the company? Share a comment!
