SpaceX vs. Apple: Wall Street Sees Strong Upside for One of These Stocks and Remains Neutral On the Other
Consensus price targets over the past three months are very bullish on one of these names and see minimal appreciation for the other.
Overview
Space Exploration Technologies Corp (NASDAQ: SPCX) and Apple (NASDAQ: AAPL) are two of the largest publicly traded companies in the world. However, they are markedly different.
Apple, which focuses on consumer tech hardware, went public in 1980 and now has a market cap of nearly $4.7 trillion. SpaceX, which focuses on building rockets, broadband, and artificial intelligence (AI), only went public in June and has a market cap of over $2 trillion.
Details
Wall Street sees strong upside for one of these stocks and remains neutral on the other, at least from an appreciation perspective.
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.