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.