Are Apple stock predictions reliable?


Quick Answer

Apple stock predictions are not reliable, according to NASDAQ. NASDAQ says the predictions made by many analysts are too low.

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Full Answer

As of February, 2015, Apple stock prices were up by more than 68 percent over the previous 12 month period. The company has the largest market cap in the world at $745 million, and despite this, most market analysts underestimate Apple's growth potential.

Analysts at NASDAQ think Apple's stock will continue growing thanks to the sheer number of new products under development by the company. Products like a new electric car will see Apple's stock prices continue to soar and analysts need to take into consideration Apple's ability to enter new markets when they come up with their stock predictions.

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