1 Reason Apple Stock Just Hit All-Time Highs
On the heels of a recent rally, (NASDAQ: AAPL) stock's market capitalization climbed above the $4 trillion level for the first time in the company's history this week. As of this writing, Apple's market cap is now ahead of 's, which just dipped back to just below $4 trillion. Meanwhile, Nvidia is sitting at the top of the heap with a market cap of approximately $4.95 trillion, having fallen back a bit after topping $5 trillion earlier in the week.
In addition to news of strong sales for the company's iPhone 17 lines, there's another huge catalyst that has helped Apple's valuation surge to a new all-time high, with the company joining the illustrious ranks of the $4 trillion club.
Image source: Apple.
Source Fool.com
Apple Inc. Stock
€234.70
0.450%
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 12 Sell predictions.
With a current price of 234.7 € Apple Inc. is right around the predicted target price of 235 €.
