Thursday, March 31, 2011

Apple Inc. (NASDAQ:AAPL) Shows Upside Potential

Sterne Agee has said that Apple Inc. (NASDAQ:AAPL) shares could rise further. Apple Inc. (NASDAQ:AAPL) Shows Upside Potential Shares of Apple Inc. (NASDAQ:AAPL) have risen 51 percent over the last year, but the brokerage Sterne Agee says that the Mac Maker still has plenty of rooms to grow. Analyst Shaw Wu said in a note that, “We think the beauty with the Apple story is that the company doesn’t need to win everyone over to continue its success. The company just needs to continue winning a fair share of its vast end markets.” Apple Inc. (NASDAQ:AAPL) shares were at 348.63 at the end of the last day’s trading. There’s been a 7.8% change in the stock price over the past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy Mean recommendation: 1.27 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.2 Zack’s Rank: 2 out of 3 in the industry
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