Apple Hits All-Time High Amid AI Growth Hype!

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Samiat

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Nov 12, 2024
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Apple Hits All-Time High Amid AI Growth Hype!

Apple (AAPL) closed at a record-breaking $259.02 on Thursday, and analysts at Wedbush believe this is just the beginning. They’ve raised their price target to $325, forecasting a massive 25% upside!

Why? According to Dan Ives and his team, Apple is on the verge of a "golden era of growth" in 2025, fueled by surging demand for AI and a major iPhone upgrade cycle. They believe the potential of AI for Apple is still being underestimated by many.

With shares already up over 33% this year, Apple's market cap is closing in on a staggering $4 trillion.

Do you agree with this bullish outlook on Apple? Could AI really push AAPL to new heights?