Forecasting Share Price and Alternative Investments
Expected Future Price
The stock of the company is at present trading at $126.41, while it has already touched the 52-week high range of $133.60/share. Important to note that just before the announcement of its first quarter result, stock was trading at $109.51/ share, and with the company announcing blockbuster profit of $18 Billion and sale of 74.5 million handsets, stock price rose to $114.83/share. Thus, we believe that the price of the company is moving fundamentally and not on any speculation.
As for the future price, 1 year down the line, we expect the stock price to breach $ Continue reading...