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Citi: 5 Reasons to Buy Apple – Apple Inc. (NASDAQ: AAPL)



Citi analyst Jim Suva points out an Apple Purchase Class (NASDAQ: AAPL) at $ 200 (an 8% up) and lists five reasons investors should buy before the school season.

Suva's list: Promising 2018 product range, capital return, rising service revenues, long-term corporate operations and an attractive valuation over previous cycles.

The analyst says that demand is estimated to be recycled back to school / holiday quarter, and production downturn typically goes before new launches this autumn. "

Apple shares are down 0.8% $ 1

83.66.


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