Author: Shaun Pruitt, Zacks

Its appealing growth prospects and attractive valuation suggests that now is an ideal time to invest.

Shares have now risen over 200% in the last five years and the impressive price performance looks set to continue given the company’s attractive outlook and reasonable valuation. This, combined with an increasing dividend, makes it a very viable option to keep in the portfolio for both growth and value.

Market’s will pay close attention to the results of the world’s most valuable company’s fiscal 3rd quarter on Thursday, August 1.

It currently sports a Zacks Rank #2 (Buy) as AI is starting to enhance the company’s attractive outlook, and earnings estimate revisions are likely to trend ever higher follow the company’s strong Q2 results.

Now is an ideal time to buy as they look poised to move higher in the following weeks.