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September 19th

Optimism isn’t Swaying Over Apple Stock

posted in Apple (AAPL) |

Apple (AAPL) has without a doubt been on the rally of a lifetime. Splitting multiple times on the way to its current price point, AAPL has made many investors achieve a loftier tax bracket. In a recent BloggingStocks.com article, they ask the question of any Apple Bull investor, when will be the last opportunity to invest in AAPL for $150 per share?

The stock has been a buy for the past 3-4 years and will continue to be so over the next three years at least. This may be your last chance to get in below $150. My 2008 price target is $200-210.

Source: Last chance to buy under $150?

An already expensive stock (based on P/E standards) is expected to go to $200-210 per share? Climb aboard while the $140 station is still here! With the international exposure and greater base for iPhone growth, investors for many shockingly positive quarters in the near future.

Disclosure: Long Apple Inc. (AAPL)

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This entry was posted on Wednesday, September 19th, 2007 at 5:59 pm and is filed under Apple (AAPL). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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