Apple's stock has 'room to run' another 10%, says Morgan Stanley

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Apple's stock has 'room to run' another 10%, says Morgan Stanley
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The stock is 'under owned,' analyst Katy Huberty told CNBC. “Even the top 100' Apple investors 'have a position that’s less than the S&P 500 weighting.”

Apple is the most valuable public company in the world — but it could get even bigger. Morgan Stanley analyst Katy Huberty told CNBC that its share price has higher to go and it's currently"under owned." Apple's stock is up 69% year to date,and with a market cap of $1.18 trillion, it's larger than the US energy sector. View Business Insider's homepage for more stories. Watch Apple trade live.

Apple is the most valuable public company in the world — but it could get even bigger. Morgan Stanley analyst Katy Huberty told CNBC that its share price has higher to go and it's currently"under owned." Apple's stock is up 69% year to date,and with a market cap of $1.18 trillion, it's larger than the US energy sector. View Business Insider's homepage for more stories. Watch Apple trade live.

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