Apple to Surge on Tax Reform: BofA Merrill Lynch



Apple Inc.’s (AAPL) new line of iPhones may not be boosting the stock as many have hoped, but President Donald Trump and his tax reform plans could.

That’s according to Bank of America Merrill Lynch, which predicted shares of the Cupertino, Calif., tech giant will surge if the overhaul of the tax code goes through. After all, Trump and the Republican-led Congress are calling for corporate taxes to be reduced to 20%…



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