Apple Inc. (Nasdaq: AAPL) stock is currently trading just over $559 - and Money Morning's Defense & Tech Specialist Michael A. Robinson thinks it will climb 79% in the next two years.
Robinson sees AAPL hitting $1,000. A major reason for this bullish forecast: China.
Just yesterday (Tuesday), news broke that Apple manufacturer Foxconn will ship 1.4 million iPhone 5Ss to China.
Robinson sat in on FOX Business' "Varney & Co." Tuesday to discuss just how good this new market is for Apple, and AAPL stock investors. Listen to Robinson detail why investors should get in on the tech giant right now:
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