Tuesday, May 20, 2014

Reasons To Buy Apple (AAPL) Stock

Reasons to buy Apple (AAPL) stock:

.Price broke above 600, bullish Cup and Handle pattern, target 700.

.Stock to split 1 to 7 in June.

.Company announced additional $30B to a total of $90B stock buy back through next year.

.Corporate raider Carl Icahn increased his AAPL ownership by 2.8 million shares to a total of 7.5 million shares.

.iPhone 6 and other new products to be introduced starting August.


AAPL Weekly Chart: 


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