Laszlo Birinyi, president of Birinyi Associates Inc.

Simon Dawson | Bloomberg | Getty Pictures

Stock guru Laszlo Birinyi says his option to buy Apple in early 1997 was his biggest commerce ever, and in his view, purchasing for Apple now stays to be an outstanding identify.

It undoubtedly has paid out handsomely for the very very long time stock analyst, who moreover says he likes the stock market proper right here and has a subsequent purpose of three,500 on the S&P 500. Apple’s extreme in 1997 was merely over $1. On Tuesday, it was shopping for and promoting at a extreme of merely above $500.

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