Stephen Rosenman submits:We predicted that Apple (AAPL) would pass Microsoft (MSFT) in market cap in an article last June, so it's time to push the envelope with the following prediction: AAPL will surpasses Exxon Mobil (
By ValueMax:Gas prices have gotten to the point where I dread looking at the pump when I need to refill my gas tank. A week ago I purchased gas for a personal record high of $4.55 per gallon. Today when I filled my gas tank I got a reprieve, only paying $4.35 per gallon.
Morgan Stanley is leaning heavily in favor of Apple Inc. (NASDAQ:AAPL). Analysts at the investment bank were out with a report today in which they outlined the results of a recent survey that pointed to blowout sales of its iPhones in the current fiscal quarter. The firm believes that several catalysts could push shares of the Silicon Valley giant higher, and reaffirmed an Overweight rating and a price target of $126 on Apple shares.
By Wall Street Playbook:With reports surfacing Wednesday that the price of U.S. oil is on the rise, I've begun to look for energy players that are poised to capitalize on the price increase. With the Dow Jones Industrial average and the S&P soaring to record highs, we're approaching the point where it's time to protect some gains.
For the week ended December 12, Exxon Mobil Corporation (NYSE:XOM)stock plummeted 7.5% as West Texas Intermediate futures on the United States Oil Fund LP (ETF) (NYSEARCA:USO) fell below the $58 per barrel mark, for first time since May 2009. The oil giant closed the week with a market capitalization of $366.7 billion.
By Stephen Rosenman:Which company -- Apple (AAPL) or Exxon Mobil (XOM) -- deserves to be the world's most valuable company? Old oil or new tech? Will Apple leave Exxon in the dust, just like it did Microsoft (MSFT)? The two battled for the top spot all week.