Wednesday, August 19, 2020

AAPL: $2.000 Trillion -- 10:00 A.M. EDT -- August 19, 2020

Intra-day high of $468.61 is being reported, well above the "magic number."

AAPL @ $467.28972 to hit $2-trillion market cap. 

Later in the day:

CNBC on "Fast Money" right now is working very, very hard to talk AAPL down, saying that it's over-valued; have no idea what's driving it; says it is too expensive for average Chinese to buy; and one-year target is $425, well down from where it is today.

They fail to mention that AAPL's P/E is 35 and is selling lots of product; and,
TSLA has a P/E of 972 and not selling a whole lot of product.

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