Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL) Reached Average Street’s Price Target Of $133.15 Per Share; What Next?

Apple Inc. (NASDAQ:AAPL) is having a tremendous 2015 so far with share prices going up by more than 20% Year To Date. The stock closed on a record high value of $133 per stock on Monday. This 2.7% move up on Monday also pushed Apple Inc. (NASDAQ:AAPL)’s market cap to around $775 billion. At this rate, no one can stop Apple Inc. (NASDAQ:AAPL) from becoming the world’s first Trillion dollar company. A ‘CNBC’ article discuss about Apple Inc. (NASDAQ:AAPL) stock performance on Monday.

Apple, is AAPL a good stock to buy, battery engineers, poaching, legal, Jeremy Rosenberg,

Activist Investor Carl Icahn is very adamant about the fact that Apple Inc. (NASDAQ:AAPL) stock is pretty much undervalued at the moment and he keeps pushing Apple Inc. (NASDAQ:AAPL) to do more share buybacks to realize the true value of the stock. Barron’s Analyst Jack Hough also pointed out that Apple Inc. (NASDAQ:AAPL) stock is undervalued and might touch high side of $160 later this year. He mentioned that Apple Inc. (NASDAQ:AAPL) stock could return 25% to shareholders in 2015.

Apple Inc. (NASDAQ:AAPL) also announced on Monday that it would invest around $1.9 billion in a couple of European datacenters which runs purely on Renewable energy. Both this announcement coupled with Hough’s comments about returning 25% to shareholders propped the stock up on Monday.

Wall Street’s average target price on Apple Inc. (NASDAQ:AAPL) stock is around $133.15 and Apple Inc. (NASDAQ:AAPL) stock has already reached $133 and one could expect that there will many target price revisions in the days to come.

With this new record high Apple Inc. (NASDAQ:AAPL)’s market cap has almost touched $775 billion and the second largest public company in US, Exxon Mobile Corporation (NYSE:XOM) has the market cap of $377 billion. The gap between Apple Inc. (NASDAQ:AAPL) and second largest in US seems too big. This difference really reiterates the fact that Apple Inc. (NASDAQ:AAPL) is currently the world’s best company.

Disclosure: None

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!