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Experts Predict Whether Apple Stock Can Make You Rich by 2035

David Nadelle

4 min read

Just over a year ago, The Motley Fool asked whether Apple would be a trillion-dollar stock by 2035. Hitting the $1 trillion valuation mark is a rare and phenomenal achievement for any company, but for Apple, it would be a colossal failure, considering its market cap was $2.6 trillion at the time (and it’s now at $2.9 trillion).

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Speculating on the future fortunes of Apple stock is a fun exercise. In fact, back in January, Insider Monkey wrote about 15 stocks that ChatGPT predicted could make investors wealthy in 10 years, and the chatbot ranked Apple No. 1, ahead of Microsoft, Amazon, Alphabet, Meta Platforms and Nvidia.

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For beginner and seasoned investors, a far more interesting question would be whether Apple stock can make you rich by 2035. To answer this, GOBankingRates asked real-life industry experts whether investing in Apple stock could make you wealthy by 2025.

Also see three reasons to keep an eye on Apple stock.

Regardless of the quantity of shares you own, an active, expensive stock may yield an overall higher percentage gain than lower-priced stocks, but you might need to spend a lot to make a little. Is investing Apple at close to $200 a share worth it?

“Apple remains a dominant company with strong fundamentals, recurring revenue and massive cash reserves,” Dan Buckley, chief analyst and contributor at the free online trading resource DayTrading.com, told GOBankingRates. “But expecting to make a lot from it in 10 years is unrealistic unless you’re investing substantial capital.”

Julia Khandoshko, an expert in tech and capital markets and CEO of leading tech and financial engineering hub Mind Money, agreed. “There is a false perception that large technology companies like Apple are still growing as startups, and many investors expect them to have the same breakthrough growth,” Khandoshko said. “However, for some reason, the fact that they have turned into grown and stable businesses is ignored.”

“There is no doubt Apple has been very successful, but shares are currently trading on a forward P/E (forward price-to-earnings ratio based on estimates of future earnings for the coming 12 months) of 27, and that is too rich for me,” said Vince Stanzione, CEO and founder of First Information and author of The Millionaire Dropout.

For comparison, the S&P is hovering around a forward P/E of almost 22 right now.