iPhone Supercycle

Credit Suisse Advises Clients to Buy AAPL Ahead of iPhone “Supercycle”

In a report circulated to clients today, Credit Suisse analyst Kulbinder Garcha has advised them to buy Apple stock (AAPL) ahead of 2017 iPhone “Supercycle”, while reiterating his "Outperform" rating and $170 price target on the stock, MarketsInsider reports. Shares of Apple have already climbed 24% this year to $143.69, with Garcha predicting more than 18% of potential upside in the upcoming...