Apple stock to become a ‘great buy' if it breaks out from this price level

Over the past year, the stock price of technology giant Apple (NASDAQ: AAPL) has struggled to achieve a significant breakout, with investors hoping the company might catch up to peers driving the artificial intelligence (AI) space.Notably, a key target for AAPL is the $250 mark, which investors believe could drive the equity to new heights. As of 2024, the stock has gained over 23%, trading at $229 at press time. This price level reflects a daily loss of less than 0.5%.AAPL YTD stock price chart. Source: Fi ...