Monday, May 5, 2014

Apple crossed above $600 a share today

5/5/2014

Apple closed above $600 a share today for the first time in the last 18 months.

AAPL will go ex-dividend on 05/08/14 with a $3.29 dividend payable to shareholders of record as of 05/12/14. Last day to get the dividend is to buy AAPL on 5/7 Wed.

Will AAPL go up more in the future? Yes. Will it go to all time high of $700? Very likely.

Catalysts:

  1. IPhone 6 roll out.
  2. 7-1 Split. Though it was already announced.
  3. ITV.
  4. Stock rotation from growth momentum to value.