3 Odd Things About Apple Stock's Unlikely Winning Streak
Apple (NASDAQ: AAPL) shares are rolling again. The world's most valuable consumer tech company has closed higher for eight consecutive trading days, a run that Investor's Business Daily points out is Apple's longest winning streak in nearly three years.
You have to go back 35 months to find the last time Apple has pieced together a longer run without a down day, and that nine-day streak includes a day when the stock closed unchanged -- making the current string even more remarkable. It's easy to get excited over consistent upticks, but let's frame this event in its proper perspective. Let's go over a few things that seem a bit unusual about the staying power of this month's winning streak.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€194.82
2.940%
Currently there is a rather positive sentiment for Apple Inc. with 102 Buy predictions and 9 Sell predictions.
With a target price of 212 € there is a slightly positive potential of 8.82% for Apple Inc. compared to the current price of 194.82 €.
