curl -X POST -d 'Apple Inc. (NASDAQ:AAPL) isn’t as emotionally driven a stock as say, Advanced Micro Devices, Inc. (NASDAQ:AMD), Tesla Inc (NASDAQ:TSLA) or Chesapeake Energy Corporation (NYSE:CHK). But that doesn’t mean AAPL stock doesn’t have a fierce set of bears and bulls, the latter of which has been winning the battle.
Over the past 12 months, AAPL has climbed an eye-popping 47%. Why’s that so impressive? Considering its $910 billion market cap, Apple stock is just a stone’s throw from $1 trillion in market cap.
In order for Apple stock to hit $1 trillion, its share price needs to climb about 10%. A run to $200 per share would be a 13% rally, giving Apple a market cap of $1.028 trillion.
I would surely expect the market to give AAPL some resistance as it nears the historical milestone. No public company has eclipsed the $1 trillion market in the U.S. Where does that leave investors though?' -H 'Content-Type: text/plain' -H 'Authorization: Simple YOUR_API_KEY' https://api.algorithmia.com/v1/algo/ra2ldip/summary/0.1.0