AAPL Shares Hit Another All-Time High as Morgan Stanley Raises Apple Price Target to $200

[MacRumors]

Apple shares closed at a new all-time high today, rising 3.5% to finish the regular trading day at $171.18. Shares have also gained another 1% in after-hours trading, touching $173.

Apple's stock is up over 32% this year and almost 14% in just the past month, with the company reaching a market capitalization of $2.8 trillion.

It's mostly been a fairly steady march upward for Apple shares over the past several months, with only a couple of significant dips including one last week following word that Apple has warned suppliers of weakening iPhone demand.

Apple's stock quickly rebounded from that dip, and today's high comes as prominent Morgan Stanley analyst Katy Huberty raised her price target for Apple's shares from $164 to $200, citing the potential of augmented reality and autonomous vehicles for Apple.

Article Link: AAPL Shares Hit Another All-Time High as Morgan Stanley Raises Apple Price Target to $200

 

[Lounge vibes 05]

And just this morning people were speculating about Tim Cook being ousted by the board.
Get real.

 

[Think|Different]

I've been holding for so, so long. And there's no end in sight.

 

[Red Oak]

Boooom

This is just the start to a monster leg up over the next two years. IMO

Hang on tight

 

[topgunn]

It doesn't seem like that long ago that Apple became the first company with a market cap of $1 trillion. It was just over a year ago that it hit $2 trillion. It is now a mere $190 billion away from $3 trillion. A trillion here, a trillion there, and pretty soon you're talking real money.

 

[Jaymes]

I've been holding for so, so long. And there's no end in sight.

Diamond hands!

 

[JPack]

And just this morning people were speculating about Tim Cook being ousted by the board.
Get real.

There's politics and then there's economic reality.

Even Elon Musk is being conservative when he says the U.S. economy will be dwarfed by two or three times by the world's largest economy.

 

[TSE]

I sold all of my Apple stock and replaced it with Intel stock. Intel is going to crush Apple.

 

[Max Webb]

I sold all of my Apple stock and replaced it with Intel stock. Intel is going to crush Apple.

You must be talking bull

 

[TSE]

You must be talking bull

Have you seen their ads? They absolutely decimated Apple's reputation with their anti-Apple advertisements. They convinced the entire world to buy PC.

 

[ceriess]

Diamond hands!

I've been holding since 2004. I have over 17000 shares.

 

[Bryan Bowler]

I've been holding since 2004. I have over 17000 shares.

Very nice! I won't say how many shares of AAPL I have, but I made a significant investment in their stock 7 months before the iPhone was announced. Life is good!

 

[pianostar9]

And just this morning people were speculating about Tim Cook being ousted by the board.
Get real.

It's kind of funny if it weren't so serious, but the economy runs on speculation.

 

[Sciomar]

I've been holding since 2004. I have over 17000 shares.

This is the way.

 

[nylonsteel]

its about time

 

[Cosmosent]

Dec 9th is now ONLY two days away, so ... I suspect Huberty "may" have Egg on Her Face by week's end !

It's a 50/50 proposition !

Apple will either get a 30-day Stay from the Ninth Circuit that pushes-out the Epic vs Apple court requirement to Jan 9th, OR, they don't, & Thursday becomes the very-start of the most-important "event" in the History of the App Store !

Either way, it's the Start of the Complete Break-Up of the App Store !

If the Ninth Circuit decides they won't provide Apple with their requested Stay, do they inform Apple ?

OR, do they just do nothing, & we ALL find-out on Dec 9th ?

Anybody know the answer to this ?

Interested third-parties had till yesterday to submit an Amicus Brief.

If the court got swamp'd by Ambicus Briefs, which certainly could have happened, we may NOT hear from them for a couple days, & perhaps NOT till late Wednesday.

BTW, Huberty is an "AAPL Cheerleader," NOT a true stock Analyst !

She is part of "the AAPL Band of Four," Munster, Ives, Huberty, & Cramer !

 

[dbwie]

I've been holding since 2004. I have over 17000 shares.

I’ve been holding since 2000, in a Roth IRA. But not that many shares. Would have bought more if I had the $$ back then. Reason I bought at the time is that I was using NeXt computers, knew that bringing that OS to the Mac would help the company.

 

[btbeme]

Bought 3000 shares in my Roth IRA in August 2001. You do the math. I turn 59 1/2 in about 2 years and I can hardly wait to fund a handful of my favorite charities. And, no, you are not on the list.

 

[Red Oak]

Bought 3000 shares in my Roth IRA in August 2001. You do the math. I turn 59 1/2 in about 2 years and I can hardly wait to fund a handful of my favorite charities. And, no, you are not on the list.

84K shares? Congrats!

 

[Kierkegaarden]

I’ve been holding since 2000, in a Roth IRA. But not that many shares. Would have bought more if I had the $$ back then. Reason I bought at the time is that I was using NeXt computers, knew that bringing that OS to the Mac would help the company.

Smart move to own this in a Roth, especially since 2000! And don’t feel bad about the amount — there are limits as to how much you can put in each year — but it’s growing tax-free!

 

[DocMultimedia]

I've been holding since 2004. I have over 17000 shares.

Ditto. Retirement is going well.

 

[Kierkegaarden]

Bought 3000 shares in my Roth IRA in August 2001. You do the math. I turn 59 1/2 in about 2 years and I can hardly wait to fund a handful of my favorite charities. And, no, you are not on the list.

I wouldn’t fund the charities from the Roth if possible just because there wouldn’t be a tax benefit (if that’s a consideration).

 

[hot-gril]

I remember when Greece debt fears offered the best discounts on stonks, now it's new covid19 variants. Today the market decided omicron isn't an issue.

 

[ericwn]

And just this morning people were speculating about Tim Cook being ousted by the board.
Get real.

Yes that was a very entertaining poster indeed.

 

[ericwn]

Have you seen their ads? They absolutely decimated Apple's reputation with their anti-Apple advertisements. They convinced the entire world to buy PC.

Let’s add: “Apple is doomed. DOOMED!”