New All-Time High Signals More Strength at Apple (AAPL)
Apple Inc. (NASDAQ: AAPL) may be criticised for a myriad of issues and it may be praised for a myriad of issues. Generally speaking, the investing purists wills ay all that matters is the stock price. If the purists are…
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Apple Inc. (NASDAQ: AAPL) may be criticised for a myriad of issues and it may be praised for a myriad of issues. Generally speaking, the investing purists wills ay all that matters is the stock price. If the purists are correct, then all is not just well but it is continuing to do even better. This is a new all-time high in shares of Apple. After a 0.9% gain the stock’s new high is $457.12. The prior 52-week trading range is $310.50 to $454.45.
Just yesterday came word from Trefis of a $550 target… Prior to that, we noted two analysts with targets north of $600 per share.
The consensus price target today is $562.96 per Thomson Reuters data.
JON C. OGG
Contact [email protected] for any questions or corrections.
Jon Ogg has been a financial news analyst since 1997. Mr. Ogg set up one of the first audio squawk box services for traders called TTN, which he sold in 2003. He has previously worked as a licensed broker to some of the top U.S. and E.U. financial institutions, managed capital, and has raised private capital at the seed and venture stage. He has lived in Copenhagen, Denmark, as well as New York and Chicago, and he now lives in Houston, Texas. Jon received a Bachelor of Business Administration in finance at University of Houston in 1992. www.247wallst.com.
