X
Apple

AAPL Stock Joining the Dow: Good for Share Price?

By , Associate Editor, Money Morning@AlexMcGuire92

AAPL stock kicks off its first day of trading as part of the Dow Jones today (Thursday). There's one question on investors' minds - will the inclusion help or hurt the most valuable tech company in the world?

Apple Inc. (Nasdaq: AAPL) has done just fine without the Dow. AAPL stock is up 16.4% so far this year. The company has been generating billion-dollar revenue figures for more than a decade, raking in $182.8 billion in 2014 alone. It essentially created the smartphone market with the release of the iPhone in 2007.

So will being a Dow component trigger an even bigger share price rise?

Money Morning Defense & Tech Specialist Michael A. Robinson joined CNBC's "Street Signs" to tell investors what's next for the AAPL stock price:

Apple Can Move Gold Prices: Despite the fat price tag, Apple is said to be building millions of the high-end gold version of the Watch. And when you add up the gold they'll be using with those impressive projections, you get a product that will actually change the dynamics of the gold market. Here's why the Apple Watch will be the biggest gold catalyst of 2015...