The race to $1 trillion
This week we might be a part of history as the price of the biggest company in the world, Apple(NASDAQ: AAPL) is getting close to a value of 1T$(Trillion)!!! – will it happen?
After a good earning season to over 70% of the reporting stocks so far(Apple was one of them) – we are approaching Mid May(“Sell in May and go away?”) – and stocks are enjoying a 7-day rally and Apple is in the lead.
3 main reasons are pushing the price of Apple(NASDAQ: AAPL) right now to all times high:
- Good reports
- Buyback of 100B
- 75 Million shares bought by Warren Buffet
Will it continue? – share your opinion…