The 1st Trillion Dollar Company?

This is a Post from the Symbol Surfing Blog from Wed, Jun 6, 2018.


Here is the math.

In order to figure out what stock price will bump AAPL's market cap to $1 Trillion, we need to know the number of Shares Outstanding.

Shares Outstanding: 5,074,013,000

https://www.nasdaq.com

Now, let's divide $1 Trillion by the Shares Outstanding.

$1,000,000,000,000 / 5,074,013,000 = $197.08

$197.08

Apple closed at a new record high today at $193.98

It needs to move up just $3.10 which is about 1.6%.

This could happen as early as tomorrow.

Either way, it really doesn't matter.

It's just a number.

Also, there are a few other stocks I like that may get to that valuation as well like Amazon, Google, Microsoft.

So let's say you are a little cautious about buying any of these stocks right now.

Another way to get involved in this rally in tech while minimizing single stock risk is buying the Technology Sector SPDR.

The symbol is XLK.

State Street Global Advisors is the company that offers this ETF as well as many others.

The top ten holdings are the who's who in this sector.

What do you think about "The 1st Trillion Dollar Company?"?

Let me know in the comments section!

If you think your friends would like this, please share it. Thanks!


Hello! My name is Tom Adishian and I am the creator and developer of Symbol Surfing. I use this site on a daily basis as a time-saving resource to identify trading and investing ideas. If you have a comment, question or suggestion, contact me.

Wed, Jun 6, 2018 AAPL @ $193.98

Wed, Jun 6, 2018 AMZN @ $1,695.75

Wed, Jun 6, 2018 GOOG @ $1,136.88

Wed, Jun 6, 2018 MSFT @ $102.49

Wed, Jun 6, 2018 XLK @ $72.38

Wed, Jun 6, 2018 STT @ $99.49

Recent Posts

Only Two 52 Week Highs Today BUT HUGE GAINERS Mon, Oct 15, 2018

8 Best Stocks To Buy Now (Or At Least Add To Your Watchlist) Wed, Oct 10, 2018

ALK Stock Price Continuing Uptrend Thu, Oct 4, 2018

Why I Sold JNJ Today (13% In 4 Months) Thu, Sep 13, 2018

CBOE Stock (Some) Investors Can't Live Without It Wed, Sep 12, 2018

Fortnite Stock Price (& Can I Use My V-Bucks?) Mon, Sep 10, 2018

NVDA News - I Sold A Couple Days Too Late Thu, Sep 6, 2018

ALGN Stock With 2 (Unfinished) Ascending Triangles Thu, Aug 30, 2018

Last Chance To Buy Amazon Below $2,000 A Share Wed, Aug 29, 2018

PROOF: Breakfast Is The Most Important Meal Of The Day Tue, Aug 28, 2018