After the iPhone maker's blowout earnings after the bell on Tuesday, the world's largest company has been grabbing the headlines nonstop -- and reigniting a debate on Wall Street over how high shares of the tech giant can soar. Well, guess what: I'm not talking about Apple today.
I bring it up, though, because the Apple story is relevant for the bigger picture. The company makes up 4% of the S&P 500 and a whopping 12% of the NASDAQ Composite -- so a big move in everyone's favorite iStock guarantees a big day for Mr. Market. And that's just what he needed.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts