The world's largest company confirmed plans this week in an SEC filing to launch a so-called Samurai bond priced in Japanese yen. The latest offering will be the fifth bond sale for Apple since 2013. And if history is any guide, a new Apple bond could signal another leg higher for the tech giant's stock in the coming months.
Apple has gained, on average, 19.4 percent in the six months after the issue date of its last four bond offerings, according to data from Societe Generale's head of U.S. strategy, Larry McDonald. Those offerings came in 2013, 2014 and 2015, and were denominated in dollars, euros and Swiss francs, respectively. (Tweet This)