2024-09-07 09:00:08
Stocks
Tech
Artificial Intelligence

Apple: The Supercharged Growth Stock Set to Reach $4 Trillion

Amidst projections of reaching a $4 trillion market cap within 12-18 months, Apple emerges as a standout growth stock. Boasting remarkable gains since its IPO, substantial revenue and net income growth, and an imminent AI-driven 'super cycle,' the tech giant is positioned for exceptional expansion.

Anticipated releases like Apple Intelligence and the sale of 240 million iPhones in 2025 further fuel optimism. Analysts foresee substantial share price increases with potential AI integration, potentially propelling Apple to the $4 trillion milestone.

With a vast user base and positive market sentiment, Apple stands as a top AI pick for investors eyeing significant growth.

The Street
7. September 2024 um 12:04

Apple stock forecasted as top AI pick before crucial rollout TheStreet Daily Newsletter

Technology
Economy
Finance
Citi analyst Atif Malik moves Apple to 'top AI pick into 2025' with buy rating and $255 price target, while Morgan Stanley's Erik Woodring maintains overweight rating and $273 price target, expecting AI integration on iPhone 16. Hedge fund Third Point believes AI demand can boost Apple's revenue and earnings, with Apple shares rising 23% in Q2.
Yahoo News
7. September 2024 um 07:05

Forget Nvidia: Meet the Supercharged Growth Stock Headed to $4 Trillion Over the Coming 12 to 18 Months, According to 1 Wall Street Analyst

Technology
Finance
Apple, the iPhone maker, is a supercharged growth stock poised to reach a $4 trillion market cap in 12-18 months. With a pedigree of 225,071% gains since its IPO in 1980 and 792% gains over the past 10 years, the company has seen 104% revenue growth and 153% net income growth over the past decade. Additionally, there are 300 million active iPhones that haven't been upgraded in over 4 years, setting the stage for an AI-driven "super cycle." Apple is expected to sell 240 million iPhones in fiscal..
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