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Tuesday, May 6, 2014

Apple (AAPL) Closes Above $600

Apple (AAPL) Stock Analysis 5/6/14 May 6, 2014

 
 

Apple (AAPL) closed back above $600 yesterday for the first time since October 2012.  Shares of Apple (AAPL) are now trading above $602 but the stock split is on the way.  I'm expecting AAPL to find buyers on every major pullback in the next 3 months ahead of earnings in July 2014.  Split adjusted, AAPL stock will trade between $86-$87 and we could easily see $95 by the end of 2014.  You will even be able to collect a nice dividend while you wait.  AAPL is a buy below $550 or split adjusted $80 per share.

Also see - Top Stocks 2014 - Top Stock Gainers 2014