Will Apple’s share price hit $1,001?
As many of you already know, Apple is the largest publicly traded company (By market capitalization). In actuality, you would be hard pressed to find someone who doesn’t own an Apple product of some sort. Just today, Apple closed the day at $629.35! To top it all off, analyst Brian White from Topeka Capital Markets, predicted that Apple’s stock will skyrocket to $1,001(USD) within the next 12 months.
I believe Brian White stated it best when he said “Driven by an ever expanding portfolio of innovative products, a growing integrated digital grid, unmatched aesthetics and a brand that is able to touch the soul of consumers of all backgrounds, Apple fever is spreading like a wildfire around the world and we see no end in sight to this trend.” So… I’m no Financial expert but it sounds like Brian White is suggesting that Apple is a buy! I think it’s time to reconsider my stock portfolio.