Daniel Ives, managing director of equity research at Wedbush Securities, predicted the splits would drive Apple and Tesla higher:
Sarat Sethi, managing partner at Douglas C. Lane, cautioned investors not to buy in simply because of the splits: Leon Cooperman, Omega Family Office chairman and CEO, emphasized the moves don't actually generate a higher valuation: JJ Kinahan, chief market strategist at TD Ameritrade, suggested Apple's and Tesla's moves could fuel demand:
TradingNation With Tesla up 10% today and Apple up 3%, it’s evident that the American people are confident in the American economy if they’re investing their money in the market. Since AAPL and TSLA share prices are more affordable now, it’s going to attract even more investors.
FastMoney TradingNation Bitcoin fixes this $btc
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: MarketWatch - 🏆 3. / 97 Read more »