Apple Stock Hits New Highs
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•The next step in Apple's evolution is bringing AI to the masses, says Bernstein's Toni Sacconaghi
61% Informative
Apple is the most valuable company in the world.
Analyst Tony Sacconaghi Bernstein says it's difficult to know exactly why the stock has done so well over the last month .
He says Tim Cook has successfully navigated political challenges, including tariffs and antitrust.
Bernstein: Apple could have a very strong year for the bull case for the year .
Apple typically peaks out around 32 times earnings.
That'd be a 290 dollar stock.
But do you run out and buy it today at at 2:47 ? I'm not so sure. Maybe you'll get a pullback this iPhone cycle won't be great. Maybe there'll be some uncertainty about either the product roll out or about some of the other issues we talked about. But I think if you look forward over the next year , it's it's.
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