Apple’s cash flow also makes the stock a safe haven during times of market uncertainty.
At a market value of $3 trillion, Apple tripled its valuation in under four years. And analysts see plenty of room to run.
In December, for example, Morgan Stanley's Katy Huberty raised the firm's price target on Apple from $164 to $200, and maintained the equivalent of a buy rating, arguing that new products like virtual reality and augmented reality headsets aren't yet baked into the share price.
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