To The Moon

Late last month, Facebook notched what could be its most notable achievement yet: Its market value hit $1 trillion. Just five U.S.-listed companies have reached the $1 trillion mark—or 0.08% of the total number of stocks currently traded on the New York Stock Exchange and Nasdaq. That’s roughly the odds of a high school basketball player making the National Basketball Association. It’s an elite club.Now that Facebook has earned access—its market cap was down slightly by the end of the week, to

The ace stock picker buys shares of one streaming leader while selling shares of another.

The ace stock picker buys shares of one streaming leader while selling shares of another.

Shares of $Apple$rose 1.8% to a record closing high of $144.57 on Wednesday after a respected Wall Street investment bank issued bullish commentary on the popular tech stock.JPMorgan analyst Samik Chatterjee reiterated his overweight rating on Apple's stock yesterday and boosted his share price forecast from $165 to $170. His new estimate implies potential gains to investors of roughly 18% in the coming year.Chatterjee noted that Apple underperformed theS&P 500and$Nasdaq$in the first half of 202