Apple (NASDAQ: AAPL) has the largest market cap of any company trading on U.S. markets at a whopping $2.28 trillion. Wedbush analyst Daniel Ives predicts that the company still has a long runway. In a note to clients last week, Ives made this bold pronouncement: “We believe the path to Apple hitting $3 trillion in market cap is now firmly on track over the next year.”
In this video clip from Motley Fool Live, recorded on Jan. 28, “The Wrap” host Jason Hall and Fool.com contributors Danny Vena and Dan Caplinger discuss the catalysts that could drive Apple shares higher and whether the stock will reach this ambitious watermark over the coming year.