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APPLE $100

Apple stock
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Finally! Apple is back!

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The stock broke $100 today after getting two big boosts from RBC and Morgan Stanley

Apple closed at $100.53, a new all-time closing high, according to Bloomberg. 

Analysts and investors have gotten bullish on Apple as they anticipate the iPhone 6 coming this fall. Apple is expected to sell a 4.7-inch iPhone and a 5.5-inch iPhone. Both of those screen sizes dwarf the current iPhone 5S which is 4-inches. 

In addition to the iPhone 6, Apple is expected to roll out the iWatch, a wearable gadget, and Apple's first major new product line since the iPad. 

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Morgan Stanley gave investors 8 reasons to be bullish on Apple today, which helped drive it to new heights.

WATCH: 10 Things You Didn't Know You Could Do With Your iPhone

 

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