Apple Hits New All-Time High (AAPL) - Apple (NASDAQ:AAPL)

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Shares of Apple (NASDAQ: AAPL) have hit a new all-time high during Monday's trading session at $281.97. Currently, the stock is 2.30% higher at $281.65. The move higher in AAPL from the $240 level, when it appeared it may break out to the downside, to new all-time highs has been dramatic. In fact, some would argue that it is AAPL that is leading the entire market higher as it makes up 20% of the Nasdaq 100. AAPL is currently trading at a trailing P/E of 21.22, a forward P/E of 16.03, and a very reasonable PEG ratio of 1. The median Wall Street price target on the stock is $345.00 with a high target of $400.00. Is AAPL a Buy, Sell or Hold? Click

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