A Golden Investment Opportunity: 1 Top Stock to Buy Before It Soars 40% to Hit $4 Trillion, According to a Wall Street Analyst
(NASDAQ: AAPL) remains a top technology stock at Wedbush Securities despite worrisome results in its China business. Analyst Dan Ives dismissed those concerns as noise and recently said Apple will become the first $4 trillion company by the end of 2024. That prediction implies 40% upside from its current market capitalization of $2.85 trillion.
Ives provided additional commentary in a note to clients: "With roughly 240 million iPhones in the window of an upgrade opportunity globally now at play for iPhone 15, and services reaccelerating into [fiscal year 2024], we view this as a golden opportunity to own Apple for the next year."
Here's what investors should know.
Source Fool.com
Apple Inc. Stock
€202.10
0.220%
Our community is currently high on Apple Inc. with 106 Buy predictions and 8 Sell predictions.
As a result the target price of 209 € shows a slightly positive potential of 3.41% compared to the current price of 202.1 € for Apple Inc..
