Out Fox The $treet

Just last year Apple ( AAPL ) appeared set to win the race amongst a group of select tech stock to reach $1,000. Though the company had become the largest valued stock in the world, it still was competing with Google ( GOOG ) and Priceline ( PCLN ) to be the first to reach the magical $1,000 mark. Clearly reaching such a figure is partially the function of not splitting the stock, but it also is indicative of truly fast growth. With Apple plunging to below $400 in early 2013, most investors probably don't even consider it has having a chance to even reach $1,000 period much less beat Google to that number with it trading at $890. Typically those are the stocks discussed in that race to $1,000, but it actually appears that Priceline will easily win the contest with it now trading near $960. Time will tell so let's review the possibilities as the probability of reaching that magical figure is higher than most think these days. Read the full article at Seeki...

As we highlighted on our blog back in August 2009 [ Apple to $1,000 ], the concept has been around for over 2 years now. Back then the rumor of a tablet was circulating and the Mac was expected to continue gaining share. Instead, the iPad has taken off and offers such great functionality that it has replaced a lot of the expected new demand for the Mac. Either way though, the concept of Apple (AAPL) gaining more share of the computer market has come to fruition. The news of the day was that analyst Brian White of Topeka Capital slapped a $1,001 price target on Apple. While this is the first official Wall Street analyst to place such a lofty target on the stock, he clearly wasn't the first mainstream analyst to shoot that high. Not to mention the big difference between suggesting that target with the stock at $140 in the midst of a financial crisis and saying it with the stock at $600 with the S&P500 at multi year highs. Either way, the only reason Apple hasn't alread...

After investing through the 2000 investment bubble, its interesting to see an analyst on CNBC talk about the Nasdaq surging through 3,000 (closed at 2,933 on Wednesday) all the way to 4,000. After the crash from over 5,000 to the 1,000s it seemed like reaching back to those lofty levels might not even happen in my lifetime. Ok, I'm not really that old so I knew it would happen at some point. Now 4,000 wouldn't really approach the peak back in 2000, but it should be close enough to really spark the small investor back into the market. Of course, most of the gain could just be achieved via a large increase by mega stock Apple (AAPL) to $650 or $700. Too lazy to do the math, but Apple makes up a large percentage of the NAZ. Below is the video on CNBC: Disclosure: Long AAPL. Please review the disclaimer page for more details.