ZeXiang
2021-07-06
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Apple shares typically beat the market from July to September and will again, JPMorgan says
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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 typically beat the market from July to September and will again, JPMorgan says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-06 22:41 GMT+8 <a href=https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy more shares of the technology giant, according to a new JPMorgan report.\nShares of Apple ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/07/06/jpmorgan-apples-stock-usually-beats-the-market-from-july-september.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1117990582","content_text":"Apple’s stock underperformed the broader market in the first half, but history says it’s time to buy more shares of the technology giant, according to a new JPMorgan report.\nShares of Apple historically perform better than the overall market in the months leading up to iPhone launches.\n“The upside pressure on volumes for the iPhone 12 series, historical outperformance in the July-September time period heading into launch event, and further catalysts in relation to outperformance for iPhone 13 volumes relative to lowered investor expectations implies a very attractive set up for the shares in the second half of the year,” JPMorgan’s Samik Chatterjee said in a note released Tuesday.\nAPPLE’S JULY TO SEPTEMBER PERFORMANCE (% CHANGE)\n\n\n\n\n2014\n2015\n2016\n2017\n2018\n2019\n2020\n\n\n\n\nAPPLE\n6%\n-4%\n11%\n7%\n19%\n3%\n9%\n\n\nS&P 500\n3%\n-6%\n-1%\n1%\n3%\n1%\n4%\n\n\n\n(Source: JPMorgan)\nChatterjee noted that Apple has significantly underperformed in the first half due to limited catalysts. 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