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Apple (AAPL) Catches Eye: Stock Jumps 5.9%

Apple Inc.AAPL was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $183.92 to $194.82 in the past one-month time frame.

The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Apple currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Apple Inc. Price

Apple Inc. Price | Apple Inc. Quote

Investors interested in the Computer and Technology sector may consider Adobe Systems Incorporated ADBE , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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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.


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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