Apple $400 Price Target
Simple channel projection that shows apples resilience in the current market against downward pressure. Does AAPPLE have the strength to push its way to $400 before September? Let me know in the comments what you think. With current FCF and NOPAT numbers still showing a continual CAGR higher than most other high market cap equities I look forward to what the market tells us in the next 3 months about this companies current evaluations in the global pandemic. I would expect to see more money move away from companies that will not be able to adapt to the current market, and into companies like Apple and Microsoft and other parts of FAMNG.
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