If You Invested $1,000 In Apple Stock When Donald Trump Sold, Here's The 'YUGE' Return You Would Have Now
Portfolio Pulse from Chris Katje
Donald Trump's 2014 tweet about selling his Apple stock due to the iPhone's screen size proved to be poor investment advice. Since then, Apple's stock has significantly outperformed the market, with a $1,000 investment in Apple growing to $11,846.93, a 1,084.7% return, compared to a 201.6% return from the same investment in the SPDR S&P 500 ETF Trust. Trump, who now posts on Truth Social, a company merging with Digital World Acquisition Corporation, was recently unbanned from Twitter but has only posted once since 2021.
November 21, 2023 | 3:42 pm
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POSITIVE IMPACT
Apple's stock has seen a significant increase since Trump's 2014 tweet, with a $1,000 investment then worth $11,846.93 today, indicating strong performance and growth.
The article highlights the strong performance of Apple's stock since Trump's tweet in 2014, suggesting that the company has continued to thrive despite his criticism. This historical performance could positively influence investor sentiment in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
NEUTRAL IMPACT
Trump's current activity on Truth Social, which is merging with Digital World Acquisition Corporation, is mentioned, but there is no direct financial data or performance information provided in the article.
The article mentions Trump's association with Truth Social and its merger with DWAC, but without specific financial data or implications for DWAC's stock, the short-term impact is neutral.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
NEUTRAL IMPACT
The SPDR S&P 500 ETF Trust is used as a benchmark in the article, showing a 201.6% return on a $1,000 investment since 2014, compared to Apple's 1,084.7% return.
The article compares the performance of Apple's stock to the SPY ETF as a market benchmark. While the information is relevant for context, it does not directly impact SPY's short-term performance.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80