The S&P 500 is trading at all-time highs, and many well-known businesses are leading the charge. Time to buy or sell?
America's favorite tech stock has gotten its groove back -- and then some. Apple (Tech30) continued its record run this week as investors cheer strong , iPhone sales in emerging markets and bet on the success of the upcoming IPhone 6, which is expected to benefit from strong phone upgrade demand.
The stock's all-time high follows a long and slow grind back to the top after its last record set back in September 2012. The company did a seven for one split in June. Even though that didn't change the value of the Apple, it made it easier for average investors to purchase shares a lower price. Some investors likely wish they had bought when Apple stock was under $100 this summer.
But does the world's biggest company by market value still have room to run? Wall Street sure thinks so, with 77% of analysts on FactSet giving it a "buy" rating.