Apple has had a good run in 2019 compared to its FAANG peers, and Apple bull Gene Munster of Loup Ventures thinks it has more room to grow in 2020 and beyond. Munster lays out 5 reasons why it could reach $350 next year – and $400 in 2021. These include: easy iPhone comps, continued growth in Apple Watch and other wearables, and investor anticipation of 5G. Munster expects 5 new iPhone models in 2020, and for Apple’s earnings multiple to increase in 2020. …read more
Source:: Yahoo Finance
