Apple stock (AAPL) is currently one of the top Dow stocks, driven by upbeat iPhone 17 sales and a positive bull note.
Apple Inc (NASDAQ:AAPL) stock has risen 4.3% to $263.18, following the company's strong iPhone 17 sales in the U.S.
Evercore added Apple to its "tactical outperform" list, stating the company is "well positioned to report upside."
Loop Capital also upgraded Apple's rating to "buy" from "hold". Options traders are showing a bias towards calls, with 4,931,726 calls and 2,449,264 puts exchanged in the last 10 sessions.
Author's summary: Apple stock rises after strong iPhone sales.