Shares of the Santa Clara, California-based company have climbed 22% during their latest surge, adding about $220 billion in market value, according to data compiled by Bloomberg. This has propelled their relative strength index, a 0-100 gauge of bullish and bearish price momentum, above 70 on Tuesday.
Dollar weakness is here to stay; get into a bucket of metal stocks: Sanjiv Bhasin
“There is nothing called sitting on cash because this is a bull market. You will have enough opportunities maybe coming your way but you have