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Analysts have set the one-year target for Applestock(AAPL) at $246.14, according toYahoo Finance.
Ives believes Apple will have a golden era and that its just the beginning.
He sees Apples market cap rising to $5 trillion over the next 12 to 18 months.
Ives is bullish on Apple Intelligence and the consumer AI revolution.
However, its worth pointing out that not all analysts are as bullish about Apple stock as Ives is.
Theyve already set the bar first with fingerprint recognition, then Face ID.
The combination of innovation in AI and steady services should drive the stock price up in 2025.
But Apple is still by far the largest holding in Berkshire Hathaways marketable securities portfolio.
It represents 24% of the portfolio, and American Express is a distant second at 15.4%.
Its all about whether it can shake off this recent pullback and find some momentum.
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