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Saturday, May 3, 2014

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

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

 
 

Apple (AAPL) reported blow out earnings two weeks ago and announced a 7:1 stock split.  Shares of Apple (AAPL) rallied from $560 the following day to nearly $600 this week.  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 $84-$85 and we could easily see $90 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