Is Apple Stock Headed To $250? Why Gene Munster Says 'One Of The World's Greatest Companies' Is Poised To Double

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Is Apple Stock Headed To $250? Why Gene Munster Says 'One Of The World's Greatest Companies' Is Poised To Double - Benzinga

Quick Summary:

What To Know: Apple acted as a safe haven for mega-cap tech investors for much of 2022, but the seemingly relentless market trend lower eventually swept the stock from its post.

Munster believed the near-term direction of Apple hinged on a combination of its December quarter results and March quarter guidance.

Given Tesla Inc's (NASDAQ: TSLA) miss on deliveries to start the year, it made sense that investors were concerned, Munster said.