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Apple Can Return to $100, Plus Jim Cramer's View

Is Apple (AAPL) stock heading back above $100 per share? It chart looks positive thanks to Apple stock climbing about 5% over the past two weeks. This helped the iPhone maker reach its 20-day and 50-day moving averages.

Shares are currently at $97, but they can rise above $100 if the company's earnings are not as bad as feared, and if there is excitement about its coming iPhone models in the second half of the year.

TheStreet's Jim Cramer owns Apple for his Action Alerts PLUS charitable...


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