Gene Munster: Why Apple will be best performing FAANG in 2H ’21 (video)

Seven minutes of Munster, aired Tuesday on CNBC Pro ($):

My take: Munster had predicted that Apple would be the best FAANG to own in 2021, but Google is up 40% to Apple’s 9%. This is his fallback position.

NOTE: This video requires a CNBC Pro subscription. Will substitute with a free version if one surfaces.

6 Comments

  1. Romeo A Esparrago Jr said:
    Hoping folks experiencing a rise in their property equity & taking it to the bank uses some of it to purchase Apple products on their crave list or buy AAPL shares. Same for folks taking advantage of over 150 AAPL to use some to buy their craves as well.
    Keep on being the big letter in FAANG, Apple. 🙂

    3
    July 14, 2021
  2. Jerry Doyle said:
    Little doubt Apple already has shown us the company’s ability to fertilize the age of digitalization to remote employment not only in the world of work, but in education & continuing education. The roll-out of 5G continues with another wave of consumer upgrades for Apple hardware devices implanted with ever more powerful processing chips. We learned yesterday how Apple continues to move deeper into the financial industry. An extension of this, is logical thinking that Apple will move to a subscription service. Gene M has been touting Apple’s stock valuation could be revised higher as the company continues to expand its subscription offering to include hardware devices other than iPhone. Ultimately, Gene says, Apple could offer customers a giant bundle where they pay once a month for all of its hardware & software products & services. We may soon see this offering. We should soon hear more on the Apple car. Yes, a car. A personal car. 🙂

    1
    July 14, 2021
    • Bart Yee said:
      As US 5G rollouts continue in earnest, the telecom wars will heat up even more. Verizon’s middle and high mmWave 5G is continuing to expand and they have aggressively been wooing users to switch with paid termination fees and iPhone promotions. I think the three majors will fuel 5G iPhone sales as people encounter 5G more and more.

      There should be apps which help users, even current 4G LTE users, see when a 5G signal is available. That way, as 5G becomes more ubiquitous and useful. People can relate to it more and more, perhaps enticing an upgraded iPhone and plan. I could definitely see this happening in Europe, China, and then following countries, pandemic notwithstanding.

      1
      July 14, 2021
  3. David Emery said:
    A favorable verdict in the Epic case would certainly help Apple in 2H21 (or at least until anti-Apple bills gain actual vote traction in Congress…)

    1
    July 14, 2021
  4. Bart Yee said:
    PED said: “My take: Munster had predicted that Apple would be the best FAANG to own in 2021, but Google is up 40% to Apple’s 9%. This is his fallback position.”

    True for YTD although my data suggest slightly different data, but this is for only a short term horizon, the year is still young! For a long’s perspective, here’s the numbers:

    Apple returns vs other FAANG stocks as of July 14, 2021
    From Nasdaq AAPL advanced charting:

    5 yr normalized returns
    FB 184%
    AAPL 472%
    AMZN 390%
    NFLX 487%
    GOOGL 217%
    MSFT 396%

    2 yr normalized returns
    FB 74%
    AAPL 193%
    AMZN 85%
    NFLX 49%
    GOOGL 122%
    MSFT 106%

    1 yr normalized returns
    FB 47%
    AAPL 52%
    AMZN 22%
    NFLX 3%
    GOOGL 68%
    MSFT 35%

    YTD yr normalized returns
    FB 34%
    AAPL 18%
    AMZN 17%
    NFLX 8%
    GOOGL 48%
    MSFT 32%

    AAPL pandemic low Mar 2020 normalized returns
    FB 138%
    AAPL 166%
    AMZN 93%
    NFLX 50%
    GOOGL 142%
    MSFT 106%

    AAPL low Jan 2019 normalized returns
    FB 154%
    AAPL 303%
    AMZN 135%
    NFLX 80%
    GOOGL 133%
    MSFT 173%

    0
    July 14, 2021

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