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Where Apple Is Going Now

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Editor's Note: Scroll Down for Scott Redler's take on Nvidia (NVDA)

Apple's (AAPL) WWDC event was a flop… at first.

And then the stock skyrocketed to all-time highs, retaking its crown as the world's most highly-valued company.

Inner Circle's David Prince explains why it didn't matter that “the move didn't make sense.” The real story was the stock built a massive base, which was the perfect launching pad for a big move higher.

Meanwhile, JR Romero of the Momentum Express VTF® shared his exact price target for for the stock, right down to the penny.

JR views Apple as a “financial institution” of sorts that jut throws off massive cash flow.

Interestingly, the average analyst target price on Apple is just $205.41, according to data from Koyfin.

JR's target is well above that…

Also See: Scott Redler's Nvidia Breakdown:

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