The results are in for the race to become the first U.S. based TRILLION dollar company and the winner is… Apple Inc. (AAPL)!
This may not come as much of a surprise, considering the overall success of the company in recent years and the fact that 64% of all American households now own some variation of an Apple product.
Either way, it’s a feat that should be congratulated, not only for the business as a whole, but because of the profitability that it poses to your investments with the company.
The insiders want to keep this moneymaking opportunity a secret, but I’m here to give you the scoop on how to ride the wave of wealth that they’re hoarding for themselves.
If you’ve been following the market even in the least bit, then you’re probably already aware that there were other contenders, such as Amazon (AMZN) and Microsoft (MSFT), that were neck-to-neck with Apple in the competition for the $1,000,000,000,000 crown.
So, what gave the iPhone manufacturer the extra push to take the lead and bring home the bacon?
The latest surge came after Apple’s second-quarter results topped Wall Street’s expectations and sent the stock climbing!
By now, it’s old news that beating earnings estimates is almost a guarantee for company share prices to bounce up, but what the insiders don’t want you to know is that this added attention often causes share prices to increase even more.
Take a look at the corresponding chart for Apple below…
Even if you’re not an expert at chart analysis, it’s hard not to notice the growth that took place at the start of August.
Yes, this spike is attributable to the performance Apple reported for the last few months; however, the growth that followed is a combined result of the company breaking the trillion dollar barrier.
As I write this Apple stock has shot up from $189.34 to $208.38, which is more than a 10% increase in a little over a single day of trading.
Sure, the insiders are openly bragging about Apple beating earnings and making history, but what they aren’t releasing to the public is that its stock is expected to follow this same uptrend.
Apple has taken the spotlight and earned the recognition it deserves.
If they weren’t before, investors are now pouring their cash into Apple shares, pushing the company’s stock value to record highs.
The insiders are using this growth to their advantage. So, why not hop on board and do the same?
When it comes to Wall Street, nothing is ever a clean-cut guarantee, but in this case, all signs appear to be pointing in the right direction.
Interesting and I also want to receive a share of it.