What Apple's Dow Inclusion Can Do For The Stock?

Apple Inc. (NASDAQ: AAPL) was included in the Dow Jones Industrial Average (DJIA) post market closing on Wednesday. Will Power, analyst at Robert W. Baird & Company, was on CNBC Thursday to discuss what this can do for the stock.Further UpsidePower was asked whether the inclusion can move the stock higher and possibly double it. He replied, "I don't know whether it will double from here, we think there is still further upside. I think any time you get added to the Dow I think in some respect it is a little more backwards looking, right? It's more about what you have done for me in the past? And where are you today? So, I guess the question is -are they now at the top of the game or there is still more head?"He continued, "And we actually tend to follow the camp where we think there is still more innovation ahead, but look it's going to be incumbent on them to continue to push that envelope."The IronyPower remarked, "One thing I think that is worth pointing out here, it's an interesting irony because the company [that's] replacing AT&T is the very company is the very company that really helped them usher in the iPhone back in 2007."Forward OutlookOn the outlook for Apple going forward, Power said, "For Apple look, I like the pipeline, we are moving forward here of course you have the watch around the corner and if the rumors are right on the video service, we actually had a note out yesterday. I tried to layout a case for what we think it could mean for Apple. Those are both significant opportunities."