Apple Stock Is Driving The Nasdaq. This Is Why

Apple Inc. (NASDAQ: AAPL) has been lifting the entire market lately, with its stock rising because of the company’s robust earnings reports and increasing expectations for its future products and services.

Apple is on its way to becoming one of the biggest companies in the world, and it can’t stop! The recent rise in popularity of Cupertino-based companies has positively impacted the stock markets in general.

Apple stock could quickly hit $3 trillion market value” by Apple Maven. Apple stock, which was trading at $178 a share at the start of the year, represented nearly $3 trillion in equity capital. Stocks hit a record high of $182.

AAPL lost 12.5 percent by the end of fiscal first-quarter earnings in January. As a result, the company started the year off to a horrible start for the first time.

Shortly after the earnings release on January 27, the stock briefly rallied. AAPL stock price has dropped to $176 since early February, where it was at $176, and then dropped to just over $150 on March 14.

AAPL, however, has made a strong recovery in recent days. Apple stock has been up 15% in the last eight trading days. As a result, investors have favored Apple stock over many other market names in recent days. That will please most shareholders, even those who do not own a single share of AAPL.

Apple’s current shares are owned by 7% of the S&P 500. So Cupertino’s rally has reverberated in the broader market.

Apple has been one of the most consistent stocks in recent years, and there’s no reason to believe that will change anytime soon. However, there’s plenty of reason to think that Apple will continue to be a stellar value provider for years to come. Here are some reasons:

1) Apple is well-positioned for future growth.
2) The company continues to dominate its market share.
3) Apple is profitable, and cash flow is positive.
4) The stock is undervalued compared to other big tech companies.

Many people are concerned about whether or not Apple will continue its recent success. But don’t worry, Apple is here to stay. And with so many opportunities ahead for the company, there’s no reason to doubt its ability to keep making big money.

Apple has been lifting the entire market. Last year, the company’s share price rose more than 20%. Apple is on the rise, and it doesn’t stop there. According to analysts, the company is expected to report a solid first quarter, and it looks like the company isn’t finished yet.