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Fast Money Traders Share Their View On Apple

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Speaking on CNBC's Fast Money, Jon Najarian said that Apple (NASDAQ: AAPL) usually trades lower ahead of a major event, like a new product release.

He believes that it will trade lower again because there will be a shortage of the sapphire glass and the company might not be able to offer the larger version of iPhone. He added that Apple is also releasing a new Mac Book Air.

Brian Kelly commented that at the moment no one thinks that Apple could trade lower and when that happens, the stock eventually trades lower. He expects to see a decline in price after the announcement, but he would wait for a reversal day before selling the stock.

Pete Najarian believes that Apple is going to $110 in the short term and after that happens he would consider selling

Posted-In: Brian Kelly Jon Najarian Pete NajarianCNBC Media

 

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