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Apple Stock Could Soon Close in on $300

TheMotleyFool

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With Apple (NASDAQ: AAPL) stock seeming to hit new highs every week in recent months, many investors are likely wondering whether shares are a buy, hold, or sell. According to one analyst, shares still have "room to run." Indeed, this analyst predicts shares could rise 13% over the next 12 months.

This bullishness for the stock comes not long after Apple reported better-than-expected fiscal fourth-quarter results, thanks to improving iPhone sales trends and accelerated growth in its services and wearables, home, and accessories segments.

Apple senior vice president of software engineering Craig Federighi. Image source: Apple.

Source Fool.com

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