Is Apple Ready for Another Stock Split in 2018?
Apple (NASDAQ: AAPL) is the largest publicly traded company in the U.S. stock market, and the tech giant is well-known for its emphasis on superlatives. From product releases to stock buybacks, Apple aims to make the biggest splash it can, and that strategy has served the company well over its history.
One area in which Apple made a big impression was with its most recent stock split in 2014. By making a bigger than usual move with its split decision, Apple dramatically reduced its share price, making it a much easier decision for the overseers of the Dow Jones Industrial Average (DJINDICES: ^DJI) to invite the iPhone pioneer to join its ranks. Since then, Apple stock has climbed significantly, and some wonder if another stock split would be appropriate even as the company's market capitalization approaches the $1 trillion mark. Below, we'll work through the thought process that Apple might use to consider a stock split in 2018.
Here's when Apple has split its stock in the past:
Source: Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 108 Buy predictions and 13 Sell predictions.
With a target price of 207 € there is a slightly positive potential of 3.34% for Apple Inc. compared to the current price of 200.3 €.
