Ask Matt: Is it foolish to not own Apple?

May 19, 2015 10:34 AM

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A: Carl Icahn thinks Apple (AAPL) is headed to $240 a share. That’s roughly 80% higher than where the stock is now. Investors might figure they’d be crazy to not own it.

There are routinely stocks that look so obvious – every investor figures they have to own them. Apple has been that stock for years now. Shares of the gadget maker have soared making them worth more than $740 billion. That’s almost twice the value of the second-most valuable stock in the Standard & ...

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