Apple Stock Predictions: Keep Investing And Winning With Apple – Stock Could Hit $325
The article was written by Motek Moyen Research Seeking Alpha’s #1 Writer on Long Ideas and #2 in Technology – Senior Analyst at I Know First.
Summary:
- I made a buy recommendation for AAPL last November when it was trading below $265. I gave it a 90-day price target of $290.
- Apple’s stock set a new record price of $312.67 and closed at $310.33 last January 10, 2020.
- You can do profit taking now or add more Apple shares. My bet is that AAPL can still soar higher. My new 90-day target is $325.
- Apple is still the most profitable smartphone company. Android phone vendors are hurting themselves with their pricing war.
- Even though its notably more expensive than other flagship 2019-era Chinese Android phones, the older iPhone XR is still the world’s best-selling smartphone.