How to play the FAANGs ahead of earnings

  • 📰 CNBC
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

As four FAANG stocks — Facebook, Amazon, Alphabet and Apple — are set to report earnings in the next week, the 'Halftime Report' traders discuss what they expect in the short-term and how these companies can continue to grow.

Other traders agree it will be harder for Apple to find new customers. But Najarian, whose biggest position is in this stock, is betting that the company's shift into services will create recurring revenue from existing users — especially in the cloud space. He points out, for example, that most of Apple's billion or so iPhone users already use the company's cloud products.

In the short-term, the traders are only cautiously optimistic on the stock. Weiss owns it but also owns short-term puts because he foresees a disappointing results. "There's too much expectation for too many good things in the quarter. So I'm betting the stock will trade down. I don't want to give [up] my core position because I don't want to pay taxes."

Apple will report next Tuesday after the closing bell. Factset estimates $2.09 in EPS and revenues of $53.31 billion in the fiscal third quarter.

 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.
이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 12. in KR

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Beyond Meat's stock jumps 12% ahead of earningsShares of Beyond Meat jumped 12% Monday afternoon, nearing its all-time high, on investor optimism ahead of its earnings. stonks gonna ponzi- can’t wait for the class actions to start after the sell off😂😂😂 Prepare for a nice ride down Somebody's mic is screwed up. Please turn it off
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Morgan Stanley's bullish call on Apple ahead of earnings defies conventional wisdom, Jim Cramer saysMorgan Stanley made a bold call on Apple. But CNBC's Jim Cramer says it would be a mistake to buy shares ahead of its earnings next week. 100% agree. iPhone sales should be way down. What’s the motive to give price targets dats before earnings? Why not wait for the results then give some analysis? Just leading sheep to slaughter. They aren’t giving out these targets out of the goodness of their hearts to help the mom and pop investor.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Snap shares jump on upgrade ahead of earnings after the bellShares of Snap, parent company of Snapchat, rose on Tuesday following an upgrade from Stifel ahead of the company's earnings release after the bell.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

Forget 'FAANG' growth stocks, one technical analyst touts 'BAANG' stocks for a new, scarier eraA group of gold miners stocks 'BAANG' are better plays than mega-cap FAANG names, according to John Roque, technical analyst at Wolfe Research. It’s actually TANG What happened to WANG Targeting capital gains should only be the begininng. CNBC and their tax reporter us paid heavily to keep the tax cuts going for the mega tich. Sickening scumbags
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »

US stock futures cautiously higher as big earnings week gathers paceU.S. stock index futures were cautiously higher Tuesday morning as investors hope for better-than-expected earnings from a host of corporate giants in the coming days.
출처: CNBC - 🏆 12. / 72 더 많은 것을 읽으십시오 »