Apple Stock Hits All-Time High: Is the Tech Giant Too Extended?

Apple has regained the throne as the world’s most valuable company as the tech giant closes in on a historic $4 trillion market capitalization.Despite a lackluster start for the stock earlier this year, Apple returned to its former glory and is back to outpacing the major US indexes. After a series of higher highs, Apple shares are now breaking out to new all-time highs in December as the iPhone maker benefits from continued strength in the large-cap tech space. The bullish theme around artificial intellige ...