“After hitting a new all-time high on Friday, Apple stock has what it needs to continue its climb higher, OptionMonster’s Pete Najarian said,” Bruno J. Navarro reports for CNBC.
“‘I think it’s going to $110,’ he said. ‘I’ve said it for a long time, and now I’m starting to shift and think it’s going even higher because the stock has already moved off of this record launch that they had of this iPhone, when you look at the 6 and 6 Plus, internationally now 60 percent of their revenue drawn from that aspect of it as well,'” Navarro reports. “‘There’s a lot of reasons right now I think you can like Apple,’ he said. ‘And I think when you really get through the holiday season, this stock’s not going to go to $110. I think we see $120.'”
Read more in the full article here.
[Thanks to MacDailyNews Reader “David E.” for the heads up.]