As of Sept 25, 2013, 11:45pm (EDT), Apple Inc. (NASDAQ:AAPL) stock quote is at $481.53 as quoted by NASDAQ OMX group Inc based on *delayed chart.

Apple Inc. (NASDAQ:AAPL) stocks recommendation is at "Strong Buy."

Analysts predicted that Apple Inc. (NASDAQ:AAPL) is a “STRONG BUY” as Stock Price Up and Higher

The recommendations were made by these analysts:

Analysts predicted that Apple Inc. (NASDAQ:AAPL) is a “STRONG BUY” as Stock Price Up and Higher

*For delayed quotes the information is only available in 5-minute increments. The information is back dated to the start of the period, so on a 5-minute chart information in the period dated 12:45 includes all trades between 12:45 and 12:49 inclusive. A trade at 13:00 would be included within the next bar dated 13:00 - www.bartchart.com

Meanwhile, Money Morning Capital Wave Strategist Shah Gilani predicted that Apple Inc. (NASDAQ:AAPL) stock will go up and higher.

"If this stock gets above $515 or maybe $518 - and then consolidates between, say, $500 and $515, you darn well better own this stock - it's going to $585 ... it's going to $600," Gilani stated.

There are identifiable factors why Gilani predicted that Apple stock will continue to rush forward.

He pointed out that new iPhones are just preliminary products among other products that Apple will announce in the coming days. The company is yet to launch the much awaited wearable technology - iWatch - which will definitely become a hot grab for Apple loyal users.

On a valuation basis, Apple Inc. (NASDAQ:AAPL) is very cheap at a forward Price/Earnings (P/E) ratio of roughly 11.

Apple's price of the iPhone 5c proved that the company had made the right decision as it announced a record-breaking nine million new iPhone 5s and iPhone 5c, just within three days after the new models were launched on September 20.

"This is our best iPhone launch yet-more than nine million new iPhones sold-a new record for first weekend sales. The demand for the new iPhones has been incredible, and while we've sold out of our initial supply of iPhone 5s, stores continue to receive new iPhone shipments regularly. We appreciate everyone's patience and are working hard to build enough new iPhones for everyone," as stated by Tim Cook, Apple's CEO, in an official statement.

In relation with the iPhone 5c, Gilani predicted that Apple will lower the price for this model come January when holiday buying season ends. If this happen, iPhone 5c will fulfill its role as a mid-range iPhone device as it was originally expected. By this time, the iPhone 5c will gain larger market share in emerging markets like China, India and Brazil.

Gilani also pointed out that hedge fund managers like Carl Icahn and George Soros had bought Apple stocks earlier this September. These reputable industry personalities will never buy losing stocks.

Lastly Gilani stated that Apple Inc. (NASDAQ:AAPL) continues to increase its dividend which pays a yield of 2.6% and is in the process of a large stock buyback program.