The stock briefly touched its previous high, $268, Friday morning.
To mark the occasion, Yahoo! Finance is going with this headline:
Dow Jones Futures: Time To Sell Apple? This Key Rule Helped With Amazon, Microsoft, Shopify, Zscaler.
My take: Hold on to your hats.
UPDATE: Who are you going to believe, me or your lying eyes?
Here’s the answer and my take always with Apple stock: “… It depends on your confidence in the stock and company. If you have believed Apple stock will be a big winner again, you may keep all or most of your holdings in the Dow Jones component.”
It doesn’t take an astute long term investor to see that Apple is poised to have a very good Q1. With the advent of 5G along with multiple new Gen, completely redesigned iPhones with whopping new internal upgrades along with a continuous pipeline of other new products and services rolling out, Apple has the stock price balance and equilibrium to grow to $400 by Q1 2022.
I can’t find any negative news…
Add in China’s response to the US legislation on Hong Kong.
Should someone have already taken the click-bait, please summarize for the rest of us what this article might say that’s of any worth.
To summarize…
…Apple is doomed, but don’t take it personally.
; – )
Thanks! About what I thought….