2 years ago
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?
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on Barron’s: Apple’s 12% rally has not erased concerns about the stock 'OK, I won’t consider the future or even the not-so distant past, just this quarter’s performance, when they reveal the…' on Apple at $148.56: Look who’s underwater now 'I’m befuddled when it comes est. targets by Tim Long at Barclays & Christopher Caso at Raymond James on April…'
on Barron’s: Apple’s 12% rally has not erased concerns about the stock 'Concerns? I’m not seeing it in the options market. Normally a contract sells at the mid-point between Bid and Ask.…'
on Barron’s: Apple’s 12% rally has not erased concerns about the stock 'Investors were also concerned about inflation until recently. OPEC raised output, lowering a key global driver of inflation, oil prices.…'
on Barron’s: Apple’s 12% rally has not erased concerns about the stock 'The one concern expressed about AAPL the last two quarters that I find understandable is the absence of guidance. If…'
on Apple at $148.56: Look who’s underwater now 'That many analysts above the Friday’s closing price speaks volumes with clarity that this is one stock to own. And…' on Barron’s: Apple’s 12% rally has not erased concerns about the stock 'Much of the trepidation for WS surrounding the stock could be assuage if Apple comes forth providing forward guidance. I…' on Apple at $148.56: Look who’s underwater now 'Is it unusual to have so many above the line going into earnings?' on Apple at $148.56: Look who’s underwater now 'The usual suspects are at the bottom. Did we honestly believe it would be different this time around?'
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….