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With Apple Inc.'s (Nasdaq: AAPL) seemingly bottomless bag of tricks, the Apple stock price continues to surge to new highs. AAPL stock gained more than 62% in 2014 and another 16% in the first six weeks of 2015.
It's not always a good idea to buy a stock after this steep of a climb. Yet Money Morning Chief Investment Strategist Keith Fitz-Gerald thinks buying Apple stock even at these levels is worth serious consideration.
"Apple is no longer just the device-driven company that we used to associate with Steven Jobs. It's an ecosystem under Tim Cook's leadership," Fitz-Gerald said in an appearance on FOX Business' "Varney & Co." on Monday. "That's what makes the car so interesting. That's what makes other products that it could come out with so interesting."
Fitz-Gerald went on to share his thoughts on what an Apple car might look like, as well the approach investors should take as the overall market also reaches record highs. For all this and more, watch the video below.
Apple Stock Price Has More to Climb: Video
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