Apple on track to become $2trillion company by December 2020?

[Deleted User]

to go back to the original topic

https://www.fool.com/investing/2020/01/05/2-stocks-that-could-make-you-rich.aspx

I would ask has Apple stock doubled in one year at anytime in the past and if so look at 3 factors

1. What did Apple do as a business around that time by looking deeply into the Company and not just skimming headlines.
2. what was happening in the stock market overall at that time.
3. What was happening in the world with regards to the geopolitics.

Factor all those things in might help understand what will happen but as its famously known the Stockmarket can be unpredictable and can easily have up and down fluctuations short term.

Username999

Angle of increase is getting steeper.
It's now more a momentum play with FOMO.
I would not be surprised to see a 30% correction this year.
$220 would be my buy target.

IMHO

Bleg

.....surely this rocket speed trajectory cannot be maintained for much longer....??

MaxiRobriguez

Markets can do whatever they like over the short term.

Apple price may well continue to go up for a while yet. Eventually though (and I'd argue it's already happened) the price doesn't match the fundamentals of the company and some sort of trigger events precedes a period selling.

But there's still room for Apple to go up a lot more. The best returns in a bubble scenario are right before the pop, and we're not quite at bubble stage yet.

[Deleted User]

Aapl had a major correction in the last quarter of 2018 when iphone manufacture started falling.. If you start counting from Aug '18, when the price was c $220, Aapl's rise is broadly in line with others.

benbay001

They have a forward pe of 23. Hardly extreme for a fastish growing American tech company.

iglad

I have Apple in my L&G 100 Global Index tracker and my AXA Framlington Global Tech fund so I'm happy.

AnotherJoe

AnotherJoe wrote: »

I posted here maybe two or three years ago it was goin to double within a year. Didn't think it would go this much though.
My next "tip" .......
Tesla.

:T
Up 44% since I posted 5 weeks ago despite all those nasty Space X satellites.
My next tip ...
Tesla :rotfl:
Fifty percent up to double from here within a year and it might temporarily go up 5x-10x due to the Mother of All short squeezes.

Bigun28

AnotherJoe wrote: »

:T
Up 44% since I posted 5 weeks ago despite all those nasty Space X satellites.
My next tip ...
Tesla :rotfl:
Fifty percent up to double from here within a year and it might temporarily go up 5x-10x due to the Mother of All short squeezes.

Hello Mr Broker - I want to buy some Tesla shares ....................

AnotherJoe

Randal wrote: »

Hello Mr Broker - I want to buy some Tesla shares ....................

Hopefully you made that call?