Follow @stockstobuy
Apple (AAPL) stock is trading around $500 after a big upgrade from Cantor last week. Cantor believes the stock can eventually hit $777 but I'm highly doubting that without groundbreaking new products. Apple (AAPL) will now have resistance up around $510-$515 this week. Apple (AAPL) will have strong support around $485 and is a strong buy below $470. The next big catalyst for the stock will be the September 10, 2013 iPhone announcement. Watch to see if there are lines during the release one week later. A lack of lines will be bad news for the stock.
I believe Apple (AAPL) will hit $600 before $400...
Also see - Top Stocks 2014 - Top Stock Gainers 2013
