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Apple (AAPL) Catches Eye: Stock Jumps 5.9%

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Apple Inc. (AAPL - Free Report) was a big mover last session, as the company saw its shares rise almost 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $183.92 to $194.82 in the past one-month time frame.

The company has not seen any estimate revisions over the past month, while the Zacks Consensus Estimate for the current quarter also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Apple currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Investors interested in the Computer and Technology sector may consider Adobe Systems Incorporated (ADBE - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is AAPL going up? Or down? Predict to see what others think: Up or Down

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