Apple Inc back above $600
Apple Inc (AAPL) shares are within 6% of its respective 52-week high today.
Apple is at $608 a share which still carries a great P/E Ratio of 14 and EPS of 42.5. Apple has to break past $644 to hit a new 52-week high.
The Powers-that-be point to Cirrus Logic's guidance and comments from Bernstein. Bernstein claims that Apple Inc. may be considering a stock split in order to get included in the Dow Jones Ind. Average.
That would be great for many able enthusiasts waiting to buy into the company for a lower share price. Should that happen expect even more interest in the stock but for now its just speculation.
MASTERY Bottom line:
To bet against Apple has proved to be a losing bet. If you can't bet em', join em'.
Apple Inc (AAPL) Charts
Best of the Blogs
Scanning and identifying the best blog entries every hour
- Signs of Excessive Bullish Sentiment | Financial Sense
- Left-Right Divide Explodes In Spitting, Swearing, Fight As Alex Jones Interrupts 'Young Turks' At RNC | ZeroHedge
- The Girl Child Arrives | Financial Sense
- China Plans Military Exercise in South China Sea | Financial Sense
- After "Pause That Refreshes" 'Investors' Panic-Buy Stocks Back To Record Highs | ZeroHedge
- Wall Street Is Confused By Elon Musk's Master Plan - "Credibility Is Challenged... How Do They Fund It?" | ZeroHedge
- Former Fed Governor Admits "Fed Is Not Data Dependent; It Is Propping Up Asset Markets" | ZeroHedge
The most relevant financial news and articles from the Internets
- What you need to know on Wall Street right now | Business Insider
- The tragic story of Donald Trump’s late brother Fred | Business Insider
- 8 successful people share their best advice on how to quit a job | Business Insider
- 'I never thought I'd say these words': Hillary Clinton says she agrees... | Business Insider
- We were blown away by the massive police presence at the RNC | Business Insider
- Here’s what Goldman Sachs looks for in a résumé | Business Insider
- Here's why it will be so unbearably hot this weekend | Business Insider