Apple just snapped a winning streak, but one expert says a pullback could be good for investors

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Apple just snapped a nine-day winning streak, but one expert says a pullback could be good for investors (via tradingnation) $AAPL

div > div.group > p:first-child"> The stock has soared nearly 30 percent this year, gaining $200 billion in market cap in that time.

Some strategists — including Miller Tabak's Matt Maley — say the stock may have run too far, too fast. He believes a pullback would be healthy, and that investors should use any upcoming dips as buying opportunities. Last month, Apple announced three new subscription services, including a TV service, gaming bundle and all-you-can-read magazine subscription. The company also said it will release its own credit card — Apple Card — in partnership with Goldman Sachs.

 

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