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2021-07-08

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Apple Shares Surge to Record High as Rally Picks Up Steam

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It rose for a seventh day, the longest winning streak since April, propelling its market value to $2.4 trillion. Its shares remain slightly below an intraday record of $145.09, also set in January.</p>\n<p>“Apple has really woken up over the past month, and over the short term its business prospects are pretty good,” said David Katz, chief investment officer at <a href=\"https://laohu8.com/S/01005\">Matrix</a> AssetAdvisors.<img src=\"https://static.tigerbbs.com/0df0e8b5523b94d32a3be810126baed6\" tg-width=\"683\" tg-height=\"384\" referrerpolicy=\"no-referrer\">Its shares have advanced about 9% this year, trailing the double-digit gains of other megatech firms as investors waited for more information on its growth potential while its peers reported strong developments in their key businesses. The S&amp;P 500 Index, of which Apple is the biggest contributor with a 6.2% weighting, has gained 16%.</p>\n<p>JPMorganrecommendedinvestors buy Apple shares after they lagged their tech peers and the broader market in the first half of this year. “<a href=\"https://laohu8.com/S/TWX\">Time</a> to start buying again,” analyst Samik Chatterjee said in the report on Tuesday. The tech giant’s stock is expected make a comeback in the second half on a resilient volume outlook for the iPhone 12 series and strong expectations for the next iPhone, he added.</p>\n<p>The rotation out of growth stocks into the value trade earlier this year may have held its rally back but other members of the FAANMG group are still posting strong returns. <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp. is up 26% in 2021 afterrecently joiningApple as being <a href=\"https://laohu8.com/S/AONE\">one</a> of only two U.S. public companies to be valued at more than $2 trillion. <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. has climbed about 14% this year, while <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc. rallied 44% and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. advanced about 28%. The <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> 100 Index has risen 15%.</p>\n<p>“In the first half of the year it took a bit of a breather as the market rotated into value names that had been left for dead and did look attractive,” said Wayne Kaufman, chief market analyst at Phoenix Financial. “Some tactical money went out of names like Apple and into names like energy, but I think that rotation has mostly run its course.”</p>\n<p>Apple is expected to report third-quarter earnings later this month.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Shares Surge to Record High as Rally Picks Up Steam</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Shares Surge to Record High as Rally Picks Up Steam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-08 09:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-07-07/apple-shares-surge-to-record-high-as-rally-picks-up-steam?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘Time to start buying again,’ JPMorgan says in optimistic call\nApple lagged megacap tech stocks in the first half of 2021\n\nApple Inc. rallied to close at record high Wednesday amid optimism on its ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-07-07/apple-shares-surge-to-record-high-as-rally-picks-up-steam?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"03086":"华夏纳指","AAPL":"苹果","09086":"华夏纳指-U"},"source_url":"https://www.bloomberg.com/news/articles/2021-07-07/apple-shares-surge-to-record-high-as-rally-picks-up-steam?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171156230","content_text":"‘Time to start buying again,’ JPMorgan says in optimistic call\nApple lagged megacap tech stocks in the first half of 2021\n\nApple Inc. rallied to close at record high Wednesday amid optimism on its corporate growth outlook for the second half of the year.\nIt gained 1.8% to close at $144.57, smashing its January peak as some on Wall Street forecast a stronger rally over the next six months with iPhone sales poised to climb. It rose for a seventh day, the longest winning streak since April, propelling its market value to $2.4 trillion. Its shares remain slightly below an intraday record of $145.09, also set in January.\n“Apple has really woken up over the past month, and over the short term its business prospects are pretty good,” said David Katz, chief investment officer at Matrix AssetAdvisors.Its shares have advanced about 9% this year, trailing the double-digit gains of other megatech firms as investors waited for more information on its growth potential while its peers reported strong developments in their key businesses. The S&P 500 Index, of which Apple is the biggest contributor with a 6.2% weighting, has gained 16%.\nJPMorganrecommendedinvestors buy Apple shares after they lagged their tech peers and the broader market in the first half of this year. “Time to start buying again,” analyst Samik Chatterjee said in the report on Tuesday. The tech giant’s stock is expected make a comeback in the second half on a resilient volume outlook for the iPhone 12 series and strong expectations for the next iPhone, he added.\nThe rotation out of growth stocks into the value trade earlier this year may have held its rally back but other members of the FAANMG group are still posting strong returns. Microsoft Corp. is up 26% in 2021 afterrecently joiningApple as being one of only two U.S. public companies to be valued at more than $2 trillion. Amazon.com Inc. has climbed about 14% this year, while Alphabet Inc. rallied 44% and Facebook Inc. advanced about 28%. The Nasdaq 100 Index has risen 15%.\n“In the first half of the year it took a bit of a breather as the market rotated into value names that had been left for dead and did look attractive,” said Wayne Kaufman, chief market analyst at Phoenix Financial. “Some tactical money went out of names like Apple and into names like energy, but I think that rotation has mostly run its course.”\nApple is expected to report third-quarter earnings later this month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"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":7,"xxTargetLangEnum":"ORIG"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/149215881"}