The veteran investor says Apple Inc. (Aapl)

“It is time to buy a name like Apple Inc. (NASDAQ: AAPL) during declines like this.”

SMOTHERS, CEO of RDS Wealth, added that his company will buy more AAPL shares in the long run.

A wide offer of Apple store, showing the company’s product.

The investor said that “the risks of customs tariffs” and “anti -monopoly claims” face Apple Inc. (NASDAQ: AAPL) “causes a lot of fluctuations” in stocks.

Smiths said that the lawsuits for combating monopoly, which were hurting Apple, were likely to fade, while a final trade agreement with China can be reached by August. These developments may be positive for AAPL, as the investor believes.

He added that “Apple Inc. (NASDAQ: AAPL) is a family name, it does not go anywhere, and more families and companies integrate Apple products.”

Last month, the shares decreased by 5 %, while they re -16 % in the past three months.

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Read the following: 20 best Amnesty International purchase shares now and 30 best shares for purchase now according to billionaires.

Detection: Nothing. This article was originally published in A monkey from the inside.