Apple (AAPL) - Get Apple Inc. (AAPL) Report shares hit a record high Monday on expectations of blowout sales of the upcoming iPhone 8, but President Donald Trump may boost the stock even higher. "Apple's been red-hot," said TheStreet's senior correspondent Brian Sozzi. "People are betting big on the iPhone 8."
Sozzi said the stock could rise if Trump provides more clarity on his tax repatriation plan, as Apple is sitting on hundreds of billions of dollars of cash overseas.
TheStreet's Scott Gamm reports from Wall Street.
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