On May 6, 2024, we highlighted an opportunity in Apple (AAPL).
At the time, it traded at $181 a share. Today, it’s up to $185.76 and could push aggressively higher. We’d like to see AAPL initially retest $195.
All on the news it may be considering a deal with OpenAI to help it add artificial intelligence to its devices. “Apple and OpenAI are completing terms for an agreement to use ChatGPT features in its next iPhone operating system, iOS 18, Bloomberg reported.”
Wedbush analyst Dan Ives also just reiterated an outperform rating on the tech giant with a price target of $250.
Sincerely,
Ian Cooper
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