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Apple (AAPL) Catches Eye: Stock Jumps 5.2%

Apple Inc. AAPL was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 34% in the past one-month time frame.

The company has seen five negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Apple currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Apple Inc. Price

Apple Inc. Price


Apple Inc. price
| Apple Inc. Quote

Investors interested in the Computer and Technology sector may consider Plantronics Inc PLT, which also has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Apple Inc. (AAPL): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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