Apple's run to $2 trillion may be too far, too fast, even according to analysts who love the company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

New for subscribers: Apple's run to $2 trillion may be too far, too fast, even according to analysts who love the company Check out CNBCPro today.

Tim Cook, chief executive officer of Apple, speaks at the 2019 Dreamforce conference in San Francisco on November 19, 2019.Apple made history on Wednesday as the first U.S. company to pass, but the latest leg of the rally has made even some of its most ardent fans on Wall Street skittish.

The stock's meteoric 59% rise this year puts its price about 9% above its average Wall Street 12-month price target, according to FactSet. Over the past five years, the stock has rarely traded above that average target before eventually turning lower.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Pro

Pro This type of commentary from an Apple -hater is the product of a weak mind. Pay no attention to their comments, for they are misguided and wrong. I pity the fools who do listen.

Pro Inflation

Pro God has sent His prophets to this land to clean up The House of The LORD. PrimeMidweekService

Pro Incoming dump before the elections 📉

Pro They know nothing! It’ll break 3 trillion by Easter 2021.

Pro overvalued, FOMO, glorified hype

Pro The rich hide billions offshore jn tax havens while working Americans bear the burden. Close these loopholes repatriate the wealth create a fair tax system witha basic income for under $30k earners

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks open higher on Wall Street; Apple nears $2 trillionStocks open higher on Wall Street, a day after the S&P 500 closed at a record high for the first time since February. Technology led the way higher again, and Apple edged closer to becoming the first U.S. company to be worth $2 trillion. Thank later Stock👏Markets👏are👏rich👏people👏astrology. Hows apple helping homelessness, poverty, mass unemployment and health care? So how much taxes are payedsales tax to States?
Source: AP - 🏆 728. / 51 Read more »

As Apple nears a $2 trillion market valuation, trader is wary of one factorThe big just keep getting bigger. Apple, the largest publicly traded company in the world, is nearing a $2 trillion market cap.
Source: CNBC - 🏆 12. / 72 Read more »

Apple is 1st US company to be valued at $2 trillionNEW YORK (AP) — Apple is the first U.S. company to boast a market value of $2 trillion, just two years after it became the first to reach $1 trillion. Apple shares have gained nearly 60%... 🤢 They hiring?😂 TEAR IT DOWN!!
Source: AP - 🏆 728. / 51 Read more »

Apple $2 trillion market is evidence of its powerful iPhone ecosystem - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. Do You Want To create 3d Amazing Video Intro Logo Animation Video In $5 ? Contact Me : LogoAnimation MadeOnFiverr Top Logo Animation Best Logo Animation IPhone users how much do you own in this 2 Trillion dollar valued Business. Asking formyself 😊 No it isn't. It's proof that APPL was one of the biggest recipients of the trillions printed by those kind folks at the federalreserve
Source: BusinessInsider - 🏆 729. / 51 Read more »