Apple stock is smack in the middle of a perfect storm: strategist

Even with Apple’s stock (APPL) cooling down a touch this week as the company flirted with a $3 trillion market cap for the first time, pros say several positives remain in the cards that are likely to push shares higher soon.

“It is entirely possible that we are seeing the perfect storm for Apple bulls into year-end. The obvious consideration is that institutional investors are plowing into Apple in a FOMO [fear of missing out] driven frenzy. What institutional fund manager would want to…


Source link

About search

Check Also

NBA playoffs: Cavaliers stun Celtics with dominant 118–94 win in Game 2 at Boston – Yahoo Sports

NBA playoffs: Cavaliers stun Celtics with dominant 118–94 win in Game 2 at Boston – Yahoo Sports

[unable to retrieve full-text content]NBA playoffs: Cavaliers stun Celtics with dominant 118–94 win in Game …

Leave a Reply

Your email address will not be published. Required fields are marked *