eseah88
2021-07-12
Apple is coming up!!
The fundamentals and the charts are aligning for Apple and these other stocks
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It comprises 20 companies, and is equal weighted and rebalanced quarterly.\nHere are some of Piper Sandler’s top picks for the third quarter.\nPiper Sandler highlighted Apple, whose “small but interesting” product updates—like making FaceTime more user and corporate friendly—it cited as evidence of how the company pushes the performance bar higher and reinforces “brand stickiness.”\nWhile there might be a short-term pause in hardware markets, the analysts said they ultimately think the pandemic-induced work-from-home dynamics are here to stay and that Apple will continue to benefit as consumers require additional computers and related accessories. Plus, the tech giant’s diversification into software and services should lift its margins, the analysts said.\nPiper Sandler has a $160 per share price target on the stock; Apple ended Friday at $145.11.\nSimilarly, analysts seeZoombeing well positioned for a new hybrid world with opportunity for cross-selling and international expansion. It put a $464 price target on the stock, which closed on Friday at $385.08.\nDiamondback Energyis among its top energy picks, with a price target of $102 compared to its closing price of $89.42 Friday.\n“Diamondback has shown their ability to weather industry headwinds,” analysts said. “The company has been one of the lowest cost operators in the industry allowing them to generate meaningful cash flows under a wide range of crude pricing scenarios.”\nPiper Sandler also includedLululemon, noting its growth is accelerating compared to its pre-pandemic rates. Online shopping numbers are still strong despite the return to in-store shopping, analysts said. The activewear company is attracting new types of shoppers and expanding its physical footprint, they added.\nAmong health stocks,DexcomandLivaNovaare among Piper Sandler’s favorites.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["AAPL"],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":17,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/146991097"}
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