Apple Blasts To A New High, Closes In On $600

Update: The stock has cooled off and it’s now up 2%, at $580.

Original: Apple’s stock continues to be on a tear. As of this writing, it’s up 4% on the day and it’s close to $600 a share.

What’s got everyone so excited? The fact that Morgan Stanley suggested it could be a $1,000 stock in a year

As you can see, since Black Friday the stock has gone on a huge run.

aaapl

Photo: Google Finance

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at research.businessinsider.com.au.

Tagged In

apple sai-us