There's no best, but better: Apple's stock hits a record hig...

There's no best, but better: Apple's stock hits a record high

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$Apple (AAPL.US)$ 's stock concluded Friday's trading session with a valuation of $3 trillion, making it the first company in history to reach Show More

$Apple (AAPL.US)$ 's stock concluded Friday's trading session with a valuation of $3 trillion, making it the first company in history to reach this remarkable milestone. Apple surpassed the required share price of $190.73 to achieve this feat. While Apple had briefly reached the $3 trillion mark during intraday trading on January 3, 2022, it failed to close at that level. The tech giant's shares have surged almost 54%, outperforming the 33% increase of the $Nasdaq Composite Index (.IXIC.US)$ index this year.

Despite Citigroup Inc's belief that AAPL has room to rally another 30%, only 68% of firms tracked by Bloomberg recommend buying Apple. This percentage is lower compared to other megacap tech stocks. $Microsoft (MSFT.US)$ and $Alphabet-A (GOOGL.US)$ both have buy ratings from over 85% of analysts, while approximately 94% of analysts recommend buying $Amazon (AMZN.US)$ .

What other achievements does Apple need to obtain in order to push its shares even higher?

How much upside potential do you think Apple's stocks may be left?

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Moomoo Learn

Jul 3, 2023 01:56

ColumnsApple Is the World's First $3 Trillion Company. How To Find The Next Apple?

On June 30th, at the close of US stocks, $Apple(AAPL.US)$ Inc. reported a closing price of $193.97 per share, representing a 2.31% increase in value and resulting in a closing market capitalization of $3.05 trillion.
This achievement marked a significant milestone for Apple as it became the first company ever to attain such a massive market capitalization.
In fact, Apple's market capitalization surpassed the combined valu...

There's no best, but better: Apple's stock hits a record high

efficentupup

Jul 3, 2023 04:03

Wall St rallies; Nasdaq hits 40-year milestone, Apple scales $3 trillion

- Apple passes $3 trln market cap
- Nasdaq composite has biggest first-half gain since 1983,
- Nasdaq 100 has record first half increase
- PCE index up 3.8% in May vs 4.3% in April
- Indexes up: Dow 0.84%, S&P 1.23%, Nasdaq 1.45%
A U.S. stocks rally is cruising into a month that has proven strong in recent years, though equities must navigate employment data and an earnings season that could be precarious, with the Federal R...

There's no best, but better: Apple's stock hits a record high

SGHengOngHuat

Jun 30, 2023 08:50

$Apple(AAPL.US)$
Finally 3 Trillions! nice

There's no best, but better: Apple's stock hits a record high

tertm141

Jun 30, 2023 18:11

$Apple(AAPL.US)$ everyday hit all time high

There's no best, but better: Apple's stock hits a record high

ehttrader

Jul 4, 2023 09:23

Apple sharply lowered Vision Pro headset production expectations, less than half of the previous target

Apple is being forced to slash production forecasts for the Vision Pro because of supply-chain difficulties and technical woes, per an FT report.
The iPhone maker had earmarked early 2024 to start selling the $3,500 mixed-reality headset, with plans to ship 1 million units next year. But the complexity of its design and production issues in China means it could hit less than half that target, p...

There's no best, but better: Apple's stock hits a record high

There's no best, but better: Apple's stock hits a record high

71849915

Jul 4, 2023 17:33

Wrong Peter Rowlinson Best Engineer on Es Period. stocks in $7.40 range lots more room to Grow. not same energy Source as tesla & musk fans. 💞😉💞😉💞😉

There's no best, but better: Apple's stock hits a record high

manyjackie

Jul 3, 2023 02:51

"Markets don't peak on pessimism. They peak on optimism"

There's this saying.
Does the market seem overly optimistic to you?
AAPL surely seems super optimistic. Analysts project it to have a linear path straight to $240.
More and more people are expecting new market all time highs this year. Bears have capitulated and are chasing the long direction.
Any lingering pessimism is bullish, according to this saying.
Is there anything else to be pessimistic about anymore? $Apple(AAPL.US)$ $NVIDIA(NVDA.US)$

There's no best, but better: Apple's stock hits a record high

Meltyy

Jul 3, 2023 02:30

Apple is a $3 trillion company — again

The world’s most valuable company briefly crossed the $3 trillion mark on January 3rd, 2022, and today is the first time its market cap has reached that bar again, as individual $Apple(AAPL.US)$ shares showed a price above $192 soon after trading began on Friday.
Its share price maintained that level and eventually closed the day at $193.97, making it the first company to end a day with a market cap of over $3 trillion. Four other US companies are worth mor...

There's no best, but better: Apple's stock hits a record high

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