Tag Archives: aapl

Apple, iPhone Supplier Avago Bolting Ahead Of Market

Today’s Screen of the Day, Bolting RS Lines, takes a look at two highly rated stocks whose shares are ahead of the curve. Relative Strength lines pit a stock’s price action against the S&P 500 Index. Apple (AAPL) hit a new high Monday, closing at 133 as the iPhone maker announced plans to spend $1.9 billion to open two new data centers, one in Ireland and one in Denmark, that will run entirely on renewable energy. The European centers will power

Apple stock hits new high on data centers, watch, car rumors

A nother day, another record high price for Apple (AAPL) stock. Shares of the Cupertino, Calif.-based company were up 2% in afternoon trading Monday at 131.93. Apple (AAPL) has posted new record highs in seven of the last nine trading days. Wall Street is buzzing about Apple’s rumored interest in making electric cars, and excitement is building for the April launch of the Apple Watch. A Goldman Sachs report suggested that an increasing number of hedge funds, many of which missed Apple’s gains in 2014, have been adding Apple to their top 10 holdings, Barron’s

ARM Royalties Growth Prompts Price Target Hike

ARM Holdings (ARMH) received a price target increase Monday, as an analyst expects its chip designs used in enterprise networking and server markets to re-accelerate royalty growth. The Cambridge, England-based chipmaker designs and licenses chip technology that goes into more than 95% of smartphones, including Apple (AAPL) iPhone 6 and iPhone 6 Plus models. Canaccord Genuity analyst Matt Ramsay hiked his price target for ARM Holdings stock to 60