The title Apple earns 3% opening on Wall Street at 117,15 dollars and dragging the Nasdaq positive, which in turn rises by 0,5%.
The Apple title flies in the wake of the latest forecasts by Goldman Sachs which estimates one the stock will grow by 43% in the next 12 months. According to the investment bank, Apple will acquire greater value when investors shift their attention from the number of iPhones sold to the amount of services that the Cupertino giant offers users.
Goldman set a price target of $163 per share and added the stock to his "conviction buy list", the list of the most recommended stocks to buy. “We believe that Apple's business model has fewer points in common with traditional companies that produce hardware and more points in any case with those that monetize mobile users through content and services,” Goldman Sachs said in a statement.
Apple was listed on December 12, 1980 at $22 but, considering the four splits in its history, the current price of $116,94 compares with the initial 32 cents, with a spectacular rise since then of 36.443,7 percent
