|Bid||939.41 x 100|
|Ask||939.79 x 100|
|Day's Range||935.11 - 941.60|
|52 Week Range||663.28 - 943.11|
|PE Ratio (TTM)||31.75|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
[Editor's note: Gene Munster was for many years a sell-side stock analyst with Piper Jaffray covering Apple stock. Munster still keeps an eye on Apple, and today he offers up his opinion on why the shares deserve to trade up to $1 trillion in market capitalization. With Apple having 5.26 billion shares outstanding as of the last earnings report, that would imply a share price of $190, 24% above today's $153.83.] Apple’s (AAPL) market cap crossed $800 billion for the first two weeks ago.
The next big populist movement in the country could be aimed at the tech sector, Bank of America Merrill Lynch's Michael Hartnett said.
Technology stocks in the S&P 500 are rallying anew, highlighting investors’ enthusiasm for companies they expect to grow with the economy.