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Markets haven’t had it easy lately. Rising geopolitical tensions of the U.S.-Iran war have rattled sentiment, fueling concerns around supply shocks and sticky inflation just as investors were hoping for stability. The benchmark S&P 500 Index ($SPX) has struggled to find its footing in 2026, slipping into negative territory as investors rotate out of risk. While weakness has been broad-based, a large chunk of the downside has come from the “Magnificent Seven,” the very names that powered the rally. As risk appetite fades and valuations compress, these heavyweight tech stocks have gone from market leaders to market drags.
But even within this selloff, there’s a clear divergence. Tech giant Apple (AAPL) has managed to hold its ground far better than its Magnificent Seven peers, with only a modest single-digit decline compared to the sharper double-digit drops seen elsewhere in the group. As cracks begin to show across high-growth tech, Apple’s resilience is standing out, making it one of the few mega-cap names still commanding confidence in this uneasy market. So, keeping these factors in mind, is AAPL stock a compelling investment candidate now?