Can ZAGG Stock Keep Going After Last Week's 20% Pop?
Some stocks live and die by Apple (NASDAQ: AAPL) product launches, and last week it was Apple itself that took a hit. The company's shares declined in three of the four days following Tuesday's iPhone X media event.
The big winners were the smaller companies playing critical roles in Apple's new smartphone. ZAGG (NASDAQ: ZAGG) investors were happy to ride those coattails. The distributor of third-party accessories for consumer electronics saw its stock move 19.6% higher on the week.
Image source: ZAGG.
Source: Fool.com
Apple Inc. Stock
€174.98
0.360%
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As a result the target price of 200 € shows a slightly positive potential of 14.3% compared to the current price of 174.98 € for Apple Inc..
