Apple, $300: Investors Still Looking Up

NEW YORK (TheStreet) -- Apple's AAPL approach to $300 brings it close to a $274 billion market cap, second only to Exxon Mobil's XOM $315 billion value as the largest U.S. companies by stock value. Apple sits high atop the tech sector, with Microsoft now a distant second at $214 billion. But even as Apple continues to climb to all-time highs, some analysts see reason to point even higher. On Monday, for example, Canaccord analyst Mike Walkley raised his price target for Apple by $10, to $366. Helping to drive the Apple gusto is the excitement around the popular iPad. One possible added bonus is Verizon VZ. Long a holdout on Apple products, the No. 1 telco is expected to start selling a Verizon 3G iPad early next year. To read the rest, head over to TheStreet.com
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