39 days ago • Posted by Paul de La Baume
📱#Apple close to $3 trillion market cap 🗠 #stocks #trading #trending #tech
With its market cap coming closer to $3 trillion, Apple solidifies its unique status of being the most valuable listed company in the world. Apple is surfing on investors rushing to stocks with earnings stability, strong balance sheets, a high profitability, and of course being an iconic global brand helps. Apple shares have gained recently on an improving robust fundamental story going into 2022, rounded up with some positive upwards target price revision from analysts. The stock's technicals point to a RSI of 78, suggesting the stock is in overbought territory. The stock is +1.25% pre-market at $181.7.