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Monday, March 12, 2012

Apple Hits Record High ( AAPL, ISRG, ALXN, LULU, PCLN )

Apple Inc Hits another Record High (AAPL, ISRG, ALXN, LULU, PCLN)  Apple Inc (NASDAQ:AAPL) shares continued to hit record highs on Friday following its much awaited launch of new iPad last week. Analysts are very bullish on the company’s latest launch with Gene Munster projects that over 1 million units of new of new ipad sold on Friday, the device's first day of retail availability. The stock is now trading higher over 1% at $550.80 after hitting an all-time high of $551.42 just a while ago.

Intuitive Surgical Inc (NASDAQ:ISRG) is up slightly 0.04% to $524.04. Goldman Sachs increased the price target $567 on a neutral rating. Lazard Capital increased the price target to indicate Company’s expanded multiple and expects the Company’s U.S. sales and interest remain robust. Lazard Capital maintained a buy rating on the stock. Alexion Pharmaceuticals Inc (NASDAQ:ALXN) soared 2.35% to $86.72. The Company said that asfotase alfa was shown to improve skeletal abnormalities, pulmonary and physical function, and cognitive development in a Phase 2 study of infants and young children with life-threatening Lululemon Athletica inc (NASDAQ:LULU) is down 0.40% to $71.80. So far this year, the stock is up over 54%. The 52-week range for the stock is $36.80 and $72.75.The stock touched a new 52-week high of $72.75.

Priceline.com Inc (NASDAQ:PCLN) increased 0.46% to $650.41. The Company announced the pricing of $875 million principal amount of Convertible Senior Notes due 2018. This is a private offering to qualified institutional buyers. The 52-week range for the stock is $411.26 and $655.09. The Company has Price/Sales ratio of 7.40 and Price/Book ratio of 12.52. The 50-Day Moving Average and 200-Day Moving Average prices is $571.24 and $514.69 respectively.  

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