Keep an eye on Apple (AAPL).
Even after a monster rally from $135 to $174.55, the stock could see further upside. Helping, the company is targeting September 7, 2022 for its iPhone 14 launch. Plus, the company is reportedly set to release new Mac computers, iPads, and Apple Watch models. Even better, analysts at Wedbush just raised their price target on the AAPL stock to $220 from $200.
Credit Suisse also upgraded the stock to an outperform rating, with a $201 target. The firm said, as noted by TheFly.com, “Apple’s installed base of greater than 1.8B devices accelerates market adoption of the company’s services and software offerings, creates stickier customer relationships with higher wallet share, and creates significant competitive advantages.”
With a strong trend in place, and newer products on the way, Apple could see $200+.