Apple (AAPL) continues to trend higher, with its stock hitting an all-time high of $260.10 on Dec. 26, pushing the company’s market capitalization even closer to an astounding $4 trillion. This year has been exceptional for Apple investors,

Taking the position that shares of Apple ( Apple Stock Quote, Chart, News, Analysts, Financials NASDAQ:AAPL) are undervalued seems like someone drew the short stick at debate club. After all, the stock is currently trading at about ten times sales and a P/E ratio of 42.

Apple shares closed at an all-time high Thursday after Wedbush analysts raised their price target for the stock, telling clients they expect the iPhone maker could be headed for a "golden era of growth" driven by demand for artificial intelligence.

Dan Ives' supply chain checks indicate that consumers like Apple's AI strategy, suggesting that the iPhone 16 cycle could be "a historical one."

Wedbush technology sector analyst Daniel Ives already had the highest price target for Apple Inc. among Wall Street analysts, but on Thursday he boosted it further on an expected surge in interest in artificial-intelligence-enhanced iPhones.

With Apple stock in record-high territory, a longtime Apple bull on Thursday raised his price target to the highest level on Wall Street.

Apple is on the cusp of an artificial-intelligence-fueled “golden era of growth,” Wedbush analysts argued Thursday as they raised their price target on shares of the tech giant. The analysts increased their price target to $325,

Apple Inc. ($AAPL) has consistently proven to be a resilient investment for shareholders. Despite the subdued response to this year's artificial intelligence (AI)-enabled iPhones, the stock is poised to close the year as a market outperformer.