Apple Could Be the First $3 Trillion Company. Why Its Rally Won’t Stop There.

 Apple Could Be the First $3 Trillion Company. Why Its Rally Won’t Stop There.

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Apple shares have been on a ferocious tear, up 34% year to date, leaving it less than 5% away from a $3 trillion market capitalization, a milestone never hit by any other public company. The rally includes a startling 18% spurt in just the past four weeks, a period in which the S&P 500 has improved less than 2%.

It’s an astonishing performance. Keep in mind that there’s only one other company—Microsoft—with a market cap above $2 trillion, and just three others—Alphabet, Amazon.com, and Tesla—above $1 trillion. Founded in…


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