Apple Stock Hits New High: Buy, Sell, or Hold?
Apple (NASDAQ: AAPL) stock continued its march higher on Tuesday, bringing shares to a new all-time high just over $163. The stock's gain follows a bullish forecast for iPhone sales thanks to the highly anticipated 10th-anniversary iPhone, which is rumored to launch next month.
But is the stock getting ahead of itself? Probably not -- and IDC's outlook for Apple's iPhone shipments in 2018 helps show why.
Image source: Apple.
Source: Fool.com
Apple Inc. Stock
€199.24
-0.720%
Currently there is a rather positive sentiment for Apple Inc. with 149 Buy predictions and 17 Sell predictions.
With a target price of 224 € there is a slightly positive potential of 12.43% for Apple Inc. compared to the current price of 199.24 €.
