Is AAPL (Apple, Inc.) worth $525 a share?

This week showed a bit of how fickle the market can be when it comes to stock trading.  In spite of a good announcement from Apple, Inc. on the 19th of January, the stock fell off the pace more than 11 points.   However, RBC Capital recently said that the stock is still a buy and could go as high as $525 a share.  While this might be true, the upcoming Conference Call tomorrow evening (5pm EST) will definitely tell a lot of the direction that Apple Inc is heading.  While other companies have been downgraded by RBC lately, Apple is one of the few that they are recommending as a buy that is backed up by other research groups including Jeffries Group (JEF).

Source: Localized USA

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