Top Wall Street analysts pick these stocks to celebrate the new year

) weakening demand and production issues right now . However, taking into account the value that the company has returned to shareholders in the past years, even through market downcycles, these headwinds seem to be mere hiccups in the company's long-term journey.

Feinseth is particularly upbeat about the company's foray into the metaverse with the launch of its mixed-reality headset this year. Moreover, strong balance sheet and cash flow generating capabilities should enable Apple to continue to invest in growth-driving initiatives and enhance shareholder returns through share repurchases and dividend hikes.

The analyst reiterated a Buy rating on AAPL stock with a price target of $210. "AAPL is on our Research Focus List and in our Focus Opportunity Portfolio," emphasized Feinseth, who holds the #269 position among more than 8,000 analysts on TipRanks. The analyst's ratings have been profitable 59% of the time and each rating has generated average returns of 10.5%.

Apple 🍎 is rotten to the core!

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.

Dozens in Congress beat stock market in 2022 despite downturn on Wall Street: analysisThe House truly always wins. More than two dozen members of Congress beat the stock market despite Wall Street suffering its worst year since 2008, according to an analysis by a popular stock-tradi… As many in Congress were enamored with Sam Bankman-Fried.....Yet....Not one report of a Member losing money investing with him.... It is called insider trading for those in the back. Remember in 2022 the Democratic led House & Senate quietly killed the bill that banned stock trading by Congress. Outgoing speaker Pelosi got no pushback from corporate media. Not a peep. Can you call collusion between media & politicians a conspiracy now?
Source: nypost - 🏆 91. / 67 Read more »

Why good news is bad news on Wall Street | CNN BusinessStrong jobs reports, robust manufacturing data, still-hot consumer spending. Any time America reports its economy is strong, Wall Street has a freak-out. cnn blows It almost always is… unless it’s not, like today IF I WAS CNN ID FIRE EVERYONE. They MISSED NEW YEARS AN MADE CNN LOOK LIKE A FOOL.
Source: CNN - 🏆 4. / 95 Read more »