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- kumamonkumamon
  ·2024-03-13
  Apple Stock’s Selloff Is Overdone, Wall Street Says. Why Analysts Are Counting On a Comeback
  Despite the hit Apple stock has taken this year, Wall Street says now is the time to buy shares of the iPhone maker, citing coming catalysts that could incite a rebound.Shares of Apple are off to a to
  Apple Stock’s Selloff Is Overdone, Wall Street Says. Why Analysts Are Counting On a Comeback
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- kumamonkumamon
  ·2021-05-04
  $Twitter(TWTR)$I bought at 56.5
  226 评论
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- kumamonkumamon
  ·2020-12-30
  $Square(SQ)$buy at 215
  266 评论
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- kumamonkumamon
  ·2020-07-31
  $Bilibili Inc.(BILI)$buy
  419 评论
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- kumamonkumamon
  ·2020-07-24
  $Intel(INTC)$long call
  284 评论
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- kumamonkumamon
  ·2020-06-10
  $Facebook(FB)$Long
  510 评论
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- kumamonkumamon
  ·2020-06-04
  $Twitter(TWTR)$How is the battle between Trump and Twitter? Who’s gonna win?
  653 2
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- kumamonkumamon
  ·2020-06-03
  $Twitter(TWTR)$Looking forward to seeing An uptrend
  712 1
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Why Analysts Are Counting On a Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=2419547925","media":"Dow Jones","summary":"Despite the hit Apple stock has taken this year, Wall Street says now is the time to buy shares of the iPhone maker, citing coming catalysts that could incite a rebound.Shares of Apple are off to a to","content":"<html><head></head><body><p style=\"text-align: start;\">Despite the hit Apple stock has taken this year, Wall Street says now is the time to buy shares of the iPhone maker, citing coming catalysts that could incite a rebound.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f85fc51246adb00a0d5bca407d8352a\" alt=\"Shares of Apple are off to a tough start in 2024.\" title=\"Shares of Apple are off to a tough start in 2024.\" tg-width=\"947\" tg-height=\"649\"/><span>Shares of Apple are off to a tough start in 2024.</span></p><p style=\"text-align: start;\">Apple shares have dropped 10% this year, lagging behind other members of the so-called Magnificent Seven group of stocks and the broader market. The S&amp;P 500 is up about 8%.</p><p>That’s a stark decline from the 49% increase for Apple shares in 2023. There are a few reasons for the drop, including reports of weak iPhone sales in China, regulatory concerns, and a lack of clarity on the company’s plans for generative artificial intelligence.</p><p>Despite these concerns, most of Wall Street remains bullish. Of the 43 analysts surveyed by FactSet, 25 say the stock is a Buy, 13 say it’s a Hold, and five say it’s a Sell. The average price target from the analysts surveyed is $199.86, which implies a 16% increase from the stock’s closing price of $172.75 on Monday.</p><p>Evercore ISI analyst Amit Daryanani wrote in a research note on Sunday that he believes the recent Selloff of Apple shares is overdone, and there are some “distinct drivers that could unlock upside on the stock from here.”</p><p>Daryanani, who rates the stock as Outperform with a $220 price target, says he thinks Apple will incorporate generative AI into its iOS functionalities, which would revive optimism among investors.</p><p>Daryanani says Apple will go beyond the iPhone for its AI strategy, incorporating large language models used to train AI models on Macs and iPads too. Updating both the hardware and software of Apple’s devices would be a big deal since it would require users to purchase new devices.</p><p>Apple didn’t immediately respond to a <em>Barron’s</em> request for comment.</p><p>The analyst didn’t provide a timeline for when he expects AI announcements from Apple, but Wall Street anticipates getting an update from the company at the Worldwide Developers Conference scheduled for June.</p><p>Apple’s hardware has BofA Securities analyst Wamsi Mohan bullish as well. Mohan, who rates Apple shares buy with a $225 price target, cited Apple’s ability to retain market share in smartphones even if international struggles intensify. Apple’s strategy of lowering the price of older phones when new versions launch keeps new customers coming in and existing customers upgrading to the next best thing, he wrote in a note on Tuesday.</p><p>“Despite slower unit sales, Apple has been able to drive the mix of units to higher value, which in our opinion will continue as a long-term trend, thereby offsetting some of the potential unit weakness in China,” he said.</p></body></html>","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 Stock’s Selloff Is Overdone, Wall Street Says. 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Why Analysts Are Counting On a Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-03-13 13:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Despite the hit Apple stock has taken this year, Wall Street says now is the time to buy shares of the iPhone maker, citing coming catalysts that could incite a rebound.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/6f85fc51246adb00a0d5bca407d8352a\" alt=\"Shares of Apple are off to a tough start in 2024.\" title=\"Shares of Apple are off to a tough start in 2024.\" tg-width=\"947\" tg-height=\"649\"/><span>Shares of Apple are off to a tough start in 2024.</span></p><p style=\"text-align: start;\">Apple shares have dropped 10% this year, lagging behind other members of the so-called Magnificent Seven group of stocks and the broader market. The S&amp;P 500 is up about 8%.</p><p>That’s a stark decline from the 49% increase for Apple shares in 2023. There are a few reasons for the drop, including reports of weak iPhone sales in China, regulatory concerns, and a lack of clarity on the company’s plans for generative artificial intelligence.</p><p>Despite these concerns, most of Wall Street remains bullish. Of the 43 analysts surveyed by FactSet, 25 say the stock is a Buy, 13 say it’s a Hold, and five say it’s a Sell. The average price target from the analysts surveyed is $199.86, which implies a 16% increase from the stock’s closing price of $172.75 on Monday.</p><p>Evercore ISI analyst Amit Daryanani wrote in a research note on Sunday that he believes the recent Selloff of Apple shares is overdone, and there are some “distinct drivers that could unlock upside on the stock from here.”</p><p>Daryanani, who rates the stock as Outperform with a $220 price target, says he thinks Apple will incorporate generative AI into its iOS functionalities, which would revive optimism among investors.</p><p>Daryanani says Apple will go beyond the iPhone for its AI strategy, incorporating large language models used to train AI models on Macs and iPads too. Updating both the hardware and software of Apple’s devices would be a big deal since it would require users to purchase new devices.</p><p>Apple didn’t immediately respond to a <em>Barron’s</em> request for comment.</p><p>The analyst didn’t provide a timeline for when he expects AI announcements from Apple, but Wall Street anticipates getting an update from the company at the Worldwide Developers Conference scheduled for June.</p><p>Apple’s hardware has BofA Securities analyst Wamsi Mohan bullish as well. Mohan, who rates Apple shares buy with a $225 price target, cited Apple’s ability to retain market share in smartphones even if international struggles intensify. Apple’s strategy of lowering the price of older phones when new versions launch keeps new customers coming in and existing customers upgrading to the next best thing, he wrote in a note on Tuesday.</p><p>“Despite slower unit sales, Apple has been able to drive the mix of units to higher value, which in our opinion will continue as a long-term trend, thereby offsetting some of the potential unit weakness in China,” he said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4592":"伊斯兰概念","BK4515":"5G概念","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4571":"数字音乐概念","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4576":"AR","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","BK4575":"芯片概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4566":"资本集团","LU0072462426.USD":"贝莱德全球配置 A2","LU0056508442.USD":"贝莱德世界科技基金A2","LU0080751232.USD":"富达环球多元动力基金A","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4501":"段永平概念","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4579":"人工智能","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4550":"红杉资本持仓","BK4588":"碎股","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","AAPL":"苹果","LU0109392836.USD":"富兰克林科技股A","BK4574":"无人驾驶","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4573":"虚拟现实","BK4505":"高瓴资本持仓","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4581":"高盛持仓","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4512":"苹果概念","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0444971666.USD":"天利全球科技基金","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU0149725797.USD":"汇丰美国股市经济规模基金"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2419547925","content_text":"Despite the hit Apple stock has taken this year, Wall Street says now is the time to buy shares of the iPhone maker, citing coming catalysts that could incite a rebound.Shares of Apple are off to a tough start in 2024.Apple shares have dropped 10% this year, lagging behind other members of the so-called Magnificent Seven group of stocks and the broader market. The S&P 500 is up about 8%.That’s a stark decline from the 49% increase for Apple shares in 2023. There are a few reasons for the drop, including reports of weak iPhone sales in China, regulatory concerns, and a lack of clarity on the company’s plans for generative artificial intelligence.Despite these concerns, most of Wall Street remains bullish. Of the 43 analysts surveyed by FactSet, 25 say the stock is a Buy, 13 say it’s a Hold, and five say it’s a Sell. The average price target from the analysts surveyed is $199.86, which implies a 16% increase from the stock’s closing price of $172.75 on Monday.Evercore ISI analyst Amit Daryanani wrote in a research note on Sunday that he believes the recent Selloff of Apple shares is overdone, and there are some “distinct drivers that could unlock upside on the stock from here.”Daryanani, who rates the stock as Outperform with a $220 price target, says he thinks Apple will incorporate generative AI into its iOS functionalities, which would revive optimism among investors.Daryanani says Apple will go beyond the iPhone for its AI strategy, incorporating large language models used to train AI models on Macs and iPads too. Updating both the hardware and software of Apple’s devices would be a big deal since it would require users to purchase new devices.Apple didn’t immediately respond to a Barron’s request for comment.The analyst didn’t provide a timeline for when he expects AI announcements from Apple, but Wall Street anticipates getting an update from the company at the Worldwide Developers Conference scheduled for June.Apple’s hardware has BofA Securities analyst Wamsi Mohan bullish as well. Mohan, who rates Apple shares buy with a $225 price target, cited Apple’s ability to retain market share in smartphones even if international struggles intensify. Apple’s strategy of lowering the price of older phones when new versions launch keeps new customers coming in and existing customers upgrading to the next best thing, he wrote in a note on Tuesday.“Despite slower unit sales, Apple has been able to drive the mix of units to higher value, which in our opinion will continue as a long-term trend, thereby offsetting some of the potential unit weakness in China,” he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108775910,"gmtCreate":1620059256830,"gmtModify":1620059256830,"author":{"id":"3546476957019697","authorId":"3546476957019697","name":"kumamon","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3546476957019697","authorIdStr":"3546476957019697"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TWTR\">$Twitter(TWTR)$</a>I bought at 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