Apple on the watchlist – enter now or wait for a dip?

Apple $AAPL I’ve had on my watchlist for a while with an entry price of 245 USD. It’s currently trading slightly above that level, about 1–2% over my limit.

Reasons to enter now:

Strong momentum from AI integrations (like Apple Intelligence) and expected iPhone 17 sales, which—being close to my entry price—means a minimal premium to get into a stable, high-margin business.

Long-term growth in services revenue (services revenue over 100 billion USD annually) and strong customer loyalty, which supports continued steady growth without the risk of a major loss.

Reasons to wait for a further drop:

Possible market correction after the recent NASDAQ rally due to macroeconomic pressures such as higher interest rates or increased competition in AI. That could provide a better, lower price.

High valuation (P/E around 34) compared to the historical average—waiting for a dip would allow entering with lower risk while retaining long-term growth potential.

Overall, this stock fits my conservative approach focused on quality companies.

What do you think about $AAPL – enter now or wait? Share in the comments.

#AAPL #Watchlist #Investing #LongTerm