Why Apple Zoomed to Another All-Time High Today

Apple (NASDAQ: AAPL) was a popular stock on Friday, rising by nearly 2% against the slight dip in the S&P 500 index to finish at a new all-time high of over $160 per share. That move upward came on a day when an influential investment bank published an encouraging research note about an apparent upcoming Apple product.

Following an article published Thursday by Bloomberg, Morgan Stanley analyst Katy Huberty waxed enthusiastic about that product -- the purportedly fully autonomous Apple Car that will apparently be launched as early as 2025.

Image source: Apple.

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Source Fool.com