Apple is currently the most valuable U.S. company at a $1.4 trillion market cap after a huge stock gain of more than 1,000% over the past decade
"Let's take a 10-year view — because I was 55, 10 years ago — Apple stock was at $27.87. So you may want to trade Apple? I would like over the last 10 years to invest in Apple. And I'm going to make another 10-year bet. I think they're that good." Cramer said onThe huge gain in Apple from around $28 per share in February 2010 to more than $314 per share at Monday's open on Wall Street was over 1,000%. Apple is currently the most valuable U.S. company at a $1.
Cramer was suggesting that it would not be out of the question to see Apple stock power ahead in a similar fashion in the next decade. He later told CNBC producers that it was "fanciful that it could be at $300 — so maybe in another 10 years, it's equally as fanciful. That it would be a dramatically higher price."
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