Despite hitting a lofty height of over $568 per share today, shares of Apple, Inc. (NASDAQ: AAPL) could go higher — much higher.
We think the Street numbers are too low, so we’re sending a message that we think Street’s going to go higher and we think the stock’s going to go higher as a result
The reason? Misek estimates that Apple will announce the iPhone 5 in September and an Apple-branded flat-panel television in the fourth quarter of 2012.
During the interview on Fast Money Misek also said that an Apple dividend was “likely” and that it could arrive in the second half of 2012.
That’s a ridiculous amount of money. It starts to become a bit of a risk for them. They’re going to have to distribute it
Buy, sell or hold?
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