Apple Stock Price Can Rise 40% in 24 Months (AAPL)

With Apple Inc. (Nasdaq: AAPL) stock having breached its all-time high recently, many investors have been wondering how much juice the tech giant still has left.

Plenty, says Money Morning Defense & Tech Specialist Michael Robinson, who stated in an appearance on Fox Business' "Varney & Co." today (Wednesday) that he sees the Apple stock price rising 40% from its current level of about $102 in approximately 24 months.

That number coincides with Robinson's pre-split AAPL stock price target of $1,000.

"I don't think it's a question of if it's going to hit $1,000, I think it's a question of when," Robinson told host Stuart Varney.

Robinson explains why he is so incredibly bullish on the Apple stock price in the video below.


Even with the Apple stock price (Nasdaq: AAPL) at an all-time high, tech investing expert Michael Robinson says it has room to run. Here’s why.

UP NEXT: One of the many reasons Robinson likes AAPL stock so much is the recent deal it made with IBM to help it get a bigger footprint in the enterprise market. Here he explains what makes the IBM deal so great for Apple...