Apple It is one step away from reaching $ 3 trillion in market capitalization, a milestone that would make it as big as the fifth largest economy in the world, behind Germany, less than a year after it surpassed the $ 2 trillion mark.
The actions of Apple they were up 1.6% to $ 174. At $ 182.85 they would reach the mark and culminate a strong rise driven by investors who bet on their brand and consider it a haven.
Stocks are up 30% this year, after rising 80% in 2020. By comparison, the S&P 500 it has risen 25% in the same period.
Your peers in the trillion dollar club –Microsoft , Amazon, Alphabet Y Tesla– have earned between 10% and 70%.
“Apple appears to be more immune to the ebb and flow of economic forces due to its strong brand. Its new product portfolio is also very strong,” said Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown.
Apple It reached $ 1 trillion in market capitalization in 2018 and took two years to double that valuation.
A Microsoft It is about $ 500 billion short of its market capitalization of $ 3 trillion.