Apple, Amazon and Google will emerge as winners from a major market shift, tech analyst Gene Munster predicts

  • 📰 CNBC
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

FAANG stocks will undergo a 'fracturing' in performance, tech analyst Gene Munster warns (via TradingNation)

"There's going to be a fracturing of the performance within FAANG," Munster told CNBC's "" on Tuesday. "Think of that group of haves being Apple, Amazon and Google, and the have nots being Netflix and Facebook."

"The companies that are the haves are ultimately going to be involved in much bigger businesses," said Munster., and highlights its innovation in the health and wellness space. Munster speculates newer Apple watches and AirPods will be designed to attract more health-conscious consumers. He also predicts the 5G upgrade cycle will boost the bottom line.

According to Munster, it's a good time to consider buying shares. Apple shares, which had a 4-1 stock split on Aug. 31, have soared 52% so far this year. But they're off 19% from the all-time high.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

TradingNation BS

TradingNation GeneMunsterSays is elonmusk ‘s minion. He smells roses even if musk farts 💨 the only other tech stock he likes is Apple. So not to be taken seriously

TradingNation Not surprised by Munster's vote of confidence for Apple. However Apple is behind the curve on technology (5G for example). It also has one of the highest risk of being impacted by anti-trust rulings in EU and US, unless they open up and change their policies.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

The reopening trade is 'fizzling,' market analyst says as tech, cyclical ETFs sell offWith technology and some cyclical ETFs subject to heavy selling, two market analysts share what to expect as the reopening trade takes a back seat. Trump is destroying your 401k. Next he will come for your social security payments Good luck America. INVESCO QQQ is up 1.36% if you would like accurate reporting follow us back🤔
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stock market winners overshadow the need for economic stimulus, Jim Cramer says'The visible stories are almost all positive. The negative stories are mostly hidden, at least when it comes to the stock market,' CNBC's Jim Cramer said. Watch RSBNetwork's broadcast: LIVE: President realDonaldTrump campaigns in Moon Twp., PA Everyone spent their checks on Nike
La source: CNBC - 🏆 12. / 72 Lire la suite »