“The final countdown clock has started when it comes to Apple launching new products,” Bill Maurer writes for Seeking Alpha.
“We should be within a month of the next iPhone being announced, and about a month after that the next iPad should come,” Maurer writes. “Analyst estimates have come down as expected, but so has short interest.”
“All in all, Apple provides the best overall package in terms of large-cap tech, primarily thanks to its growth opportunities and strong buyback,” Maurer writes. “Apple is getting close to $100 again, and we could see new highs before these critical product launches.”
Read more in the full article here.