Regardless of the broad market disruption, Apple is having a terrific 2020 earlier than the launch of 5G iPhones, possible later this 12 months. Greater than 80,000 Robinhood customers have purchased Apple stock within the final month. Bank of America analyst Wamsi Mohan says Apple’s valuation is engaging, its companies penetration remains to be comparatively low, and its free cash stream and capital return potential will assist the stock over time. Greater than 450,000 Robinhood customers personal the stock, and 66% of analysts advocate Apple. Bank of America has a “purchase” ranking and $390 price goal for AAPL stock.