In Nasdaq trading today, shares of Apple Inc. (AAPL) rose $1.34, or 0.50%, to close at $267.10, a new all-time closing high. During trading today, Apple reached a new all-time intraday high of $267.43.
Apple’s 52-week low, set on January 3, 2019, was $142.00.
Apple currently has a market value of $1.207 trillion.
The top five U.S. publicly-traded companies, based on market value:
1. Apple (AAPL) – $1.207T
2. Microsoft (MSFT) – $1.147T
3. Alphabet (GOOGL) – $910.729B
4. Amazon (AMZN) – $868.899B
5. Facebook (FB) – $562.935B
Selected companies’ current market values:
• Berkshire Hathaway (BRKA) – $542.087B
• Walmart (WMT) – $341.911B
• Disney (DIS) – $262.965B
• Intel (INTC) – $253.388B
• Cisco (CSCO) – $191.609B
• Adobe (ADBE) – $143.849B
• Netflix (NFLX) – $132.602B
• IBM (IBM) – $118.870B
• SoftBank (SFTBF) – $84.188B
• Sony (SNE) – $76.713B
• Advanced Micro Devices (AMD) – $45.407B
• Dell (DELL) – $40.290B
• Hewlett-Packard (HPQ) – $29.653B
• Spotify (SPOT) – $24.485B
• Twitter (TWTR) – $22.895B
• Nokia (NOK) – $19.261B
• BlackBerry (BB) – $2.880B
• Fitbit (FIT) – $1.756B
• Sonos (SONO) – $1.563B
• RealNetworks (RNWK) – $51.081M
AAPL quote via NASDAQ here.
MacDailyNews Take: Up, up, and away!
Know what you own.
Mind Boggling
It’s dizzying up there.
Thank you AAPL for allowing me to retire this year!
Yet, there are four Sell ratings on Apple and those analysts still have their jobs. Maybe they know something we don’t.
It’s funny how Buffett and B-H have done quite well and yet Carl Icahn sold everything back in 2016 long before all these gains due to his concerns about Apple in China. Opportunity lost. I wonder if he was able to pick some winning stocks after he sold his Apple shares. If he had held those shares he would have really racked up. Oh, well, he’s over 80-years old and probably doesn’t need much more money at his age.
“Maybe they know something we don’t.”
No. The truth is they don’t understand Apple’s business. The lesson here is do not listen to dumb people.
The moron Apple analysts that have sell ratings, have been wrong about Apple for years.
Jun Zhang has a current price target of 150. Yet he’s appeared on CNBC several times this year. Same thing with Known Loser Pierre Ferragu and his recent 155 price target.
Rod Hall has been sadly wrong and a paid shill first for JP Morgan Chase and now for Goldman Sachs. While he’s been downgrading Apple, Goldman Sachs has bought about 4 million shares of Apple over the last two quarters.
This is the first time that AAPL, or any American company, has achieved a market valuation of $1.2 trillion. This also marks the 15th “all-time” closing high for AAPL shares this year, most of them in just the last month or so. Last year, AAPL racked up 30 all-time highs before plunging back down to a loss for the year. AAPL’s peak closing price in 2018 was $232.07, on October 3, 2018. A year later, on October 3, 2019, it was recovering, but still lower, at $220.38. Since then, it’s recovered its previous high and more. If you had bought at the top of the market, at last year’s peak, today’s $267.10 closing price would still have provided you with a 13.5-month return of 15%. If you had bought at AAPL’s $185.86 closing price on November 19 last year (the 18th was a Sunday), today would have given you a one-year return of 43.7%.
Why to include Samsung in the list?
Why not…
I was checking the stocks this morning. Kohl’s stock took a really big dump this morning, but what had me scratching my head was how that stock had no Sell ratings yet Apple has four. How did those analysts make such a huge miss? It must have been very costly to investors. To repeat, all those analysts and not one was able to see this huge miss coming from Kohls. Analysts don’t seem to be doing a proper job, at all. It just crazy how these people are able to keep their jobs.