Apple Rally: The Snowball Effect

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About: Apple Inc. (AAPL), Includes: AMZN, GOOG, GOOGL, MSFT, QQQ, SPY, VFIAX
by: Bill Maurer
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Bill Maurer
Long/short equity, long only, short only, Growth
Summary

Year to date price increase approaching 80%.

Outperformance leads to more ETF, mutual fund buys.

2 out of 3 analyst price targets now underwater.

They say that stocks don't go up forever, but lately, there are a bunch of names proving that statement quite false. Perhaps the biggest of them all is technology giant Apple (AAPL), which