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Apple Stock Has Been on a Tear. The Case for Not Buying Now.

Apple Stock Has Been on a Tear. The Case for Not Buying Now.

Apple stock has been on a tear since it convinced investors it has a viable artificial intelligence strategy. Apple stock is up about 11% for the year to $215, with much of that gain coming since Monday’s close. The rally comes after the company’s Worldwide Developers Conference announcement about bringing artificial intelligence features to the iPhone.