“Apple shares closed higher Friday, the first day its 7-for-1 stock split was in effect, and the pros are already speculating about when the stock will hit $100,” Michelle Fox reports for CNBC.
“GVA Research’s David Garrity said it will likely happen before the iPhone 6 launch, expected in September,” Fox reports. “‘The iPhone 6 launch is a big retail event and splitting the stock obviously makes it more within reach of the retail investor … You could get a pop in the stock and pay for your iPhone at the same time,’ he said in an interview with CNBC’s ‘Closing Bell.'”
“Granite Investment Advisors’ Tim Lesko said, ‘Apple remains a really cheap stock,'” Fox reports. “He thinks it will move in the direction of $100 in the next six to eight weeks.”
Full article, with video, here.
The first sentence has TWO factual errors. No point in reading the rest.
Amazing how the misses keep on coming.
actually the writer didn’t even make it past the first comma.
Do you think it’s because her name is ‘Fox’, or is it a coincidence?
I remember not too long ago when almost every analyst had Apple dead and you couldn’t find one positive article. Now the “pros” say the stock is cheap. So i think the lesson here is to ignore the analysts and listen to the pros.
Who are the pros and how can we distinguish them from the analysts ?
Exactly.
I just have to: BWAHAHAHAHAHA! 😆
Laugh Of The Day Award!
So, an analyst is no pro and visa versa? Right.
I cant believe you didnt know that. Dont even get me started on the “experts”.
Finally! Some actual Pros who bother to look at the real AAPL versus the likes of AMZN and GOOG, the bubble stocks.
The modern world is made of HOT AIR. It’s a great ride until cold reality hits. I’ll stick with AAPL through the ice caps melting catastrophe.