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Is Apple Stock Worth $2 Trillion?

TheMotleyFool

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Many people were shocked that a single company could be worth $1 trillion when Apple (NASDAQ: AAPL) achieved that milestone back in August 2018. Now Evercore analyst Amit Daryanani says the technology titan will be worth twice that amount within a few years' time.

Daryanani believes Apple's stock could rally more than 70% from its current price of $323 to $550 per share. That would bring its market capitalization to a staggering $2 trillion, up from $1.4 trillion today.

Apple's stock has plenty of gains still to come, according to Evercore analyst Amit Daryanani. Image source: Getty Images.

Source Fool.com

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