Apple (AAPL) is making a substatial move higher of over 4% on an analyst upgrade on the stock. Fundamentally AAPL has challenges in growth of it’s sales, and development of new products. The potential of a new streaming service is one reason for positive hope on the stock, but hope by itself doesn’t generate revenue that could justify a 4% jump in price. Right now AAPL is moving higher purely on momentum alone.
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