ra2ldip / summary / 0.1.0

summary

10 Credit Royalty API Calls - 35

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"Hello 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?"

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Install the Algorithmia CLI client by running:

curl -sSLf https://algorithmia.com/install.sh | sh

Then authenticate by running:

algo auth
# Enter API Key: YOUR_API_KEY

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algo run ra2ldip/summary/0.1.0 -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?' --timeout 300

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