Trading closed today with Apple again seeing record numbers. At a mind-boggling $614.48 per share, many are probably wondering just how much higher Apple’s numbers can possibly climb. According to Morgan Stanley analyst Katy Huberty, a lot!
Regarding AAPL’s potential 2012 gains, Huberty estimates the stock could reach upwards of $720 per share. However, if the market is particularly aggressive, Apple’s individual shares could rise as high as $960! That’s on the bullish side, but something tells us it ain’t no bull…
Back when AAPL was trading at around $300, I told my pops he better buy. “I never invest in a company that doesn’t pay dividends,” he said. “It’s a principle thing.”