Christmas gift for Apple investors: This analyst says the stock will outperform and hit a crucial figure in 2025
Apple investors could see their investments surge even further Christmas as the US stock market trends during Christmas eve has shown an upward surge for the company, right from the opening bell. According to The Street, Apple touched a record high of $255.65 on December 23, and if this trend goes on, Apple shares could touch a major peak as New Year approaches. When the closing bell rang on December 23 at Wall Street, Apple maintained its peak, closing in at $255.27.
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Is Apple's demand at the stock market rising?
The demand for Apple shares have increased significantly over the last few months owing to its massive research into the field of AI. Its market capitalization ahs also increased considerably, along with other major AI-based stocks, including the likes of Nvidia, IBM and others. Apple rolled out iOS 18.2 recently, which is a major software update featuring advanced AI capabilities. This major upgrade also includes ChatGPT support within Siri, as a part of giving writing tools a major advantage for Apple users.
These latest upgrades and utilization of AI has helped Apple touch a huge stock figure, that is not looking at coming down anytime soon. Meanwhile, market trends a showing that existing Apple investors would get the maximum benefit of this rise, but new investors should proceed with caution if they are to buy Apple shares, since any crash would mean they could lose out on major chunk of investment.
