Davidson’s Tom Forte unfazed by Apple sell-off (video)

If you step back far enough, things don’t look so bad.

From CNBC’s “Apple’s fundamentals haven’t changed” posted Thursday:

Kelly Evans discuss why Apple shares are on pace for their worst day since mid-March amid the overall tech sell-off with Tom Forte of D.A. Davidson and Tim Higgins of the Wall Street Journal.

My take: The 9-month chart puts today’s move in better perspective…

apple davidson forte selloff

2 Comments

  1. Romeo A Esparrago Jr said:
    Words I heard in the clip —

    Short-Term : profit-taking selloffs.
    Great Health during COVID : Fundamentals. At-home demand.
    Coming soon : 5G
    Long-term : Fundamentals. Re-opening of Economy.

    3
    September 3, 2020
  2. Rodney Avilla said:
    I would add AR/VR right around the corner.
    And under product upgrades (coming soon) 5G is the biggest, but watches will be a great upgrade, and we should see solid upgrades with the laptops, iMacs, and the Mac Pro & Mini

    0
    September 4, 2020

Leave a Reply