Apple Has Potential To Jump Another 27%

Video Credit: Wochit Business
Published on August 21, 2020 - Duration: 00:36s

Apple Has Potential To Jump Another 27%

Apple stock is at an all time high.

The company recent hit the $2-trillion value.

Daniel Ives of Wedbush thinks that Apple can gain more in the next 12 months.

"We still believe the stock has a lot of gasoline left in the tank with an iPhone 12 'supercycle' on the near term horizon," Ives wrote in a Friday note.

Ives gave the stock an "outperform" rating.


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