Can Apple stock double?

Apple Stock Has Doubled in the Past Year. 5 Reasons It Can Continue to Run. The rally that drove Apple shares up 86% in 2019 isn’t over yet. Apple should be able to generate positive smartphone unit growth for at least the next two product cycles as 5G rolls out, he says.Click to see full answer. Keeping this in consideration, is Apple stock a good buy for 2020?After a great 2019, Apple stock looks like it will be a top choice for 2020 as well. Apple (NASDAQ:AAPL) stock reports earnings on Tuesday afternoon, and all eyes will be on the California-based giant to see if Tim Cook can add another chapter of growth on top of AAPL’s amazing run in 2019.Also, will Apple stock split again in 2020? Apple (NASDAQ:AAPL) was the Dow’s best performer in 2019. If the stock of the iPhone-maker mimics its 2019 growth, Apple could be heading for a split in 2020, six years after the last one. So far, all the stars are lining up in Apple’s favor, increasing the chances that the stock could go up further still. Similarly, it is asked, will Apple stock go up again? Apple Stock Price, Volume Action On Oct. 11, Apple stock rose above its prior all-time high of 233.47 set in October 2018. AAPL stock is now near the 280 price level, some 26% above the buy point. With AAPL stock once again touting a $1 trillion market cap, the tech giant is a member of IBD’s Leaderboard.What will Apple be worth in 10 years?If you invested in Apple 10 years ago, that decision would have paid off. According to CNBC calculations, a $1,000 investment made on May 1, 2009, would be worth more than $13,000 as of midday May 1, 2019, for a total return of more than 1,200%.