Apple Climbing Intra-Day (AAPL)

Shares of Apple Computer AAPL have jumped nicely during Thursday's trading session, after falling below $300 intra-day on Wednesday. The stock has been accumulated throughout the morning, and is currently 2.95% higher at $309.35. Volume is running at just under 10 million shares compared to a daily average of nearly 20 million. AAPL has climbed around 47% year-to-date, and trades at a trailing P/E of 20.44. The median Wall Street price target on the stock is $365 with a high target of $500.