Dan Ives, managing director of equity research at Wedbush Securities, said this quarter was a knockout for Apple bulls.
Tom Forte, senior research analyst at D.A. Davidson, said this quarter shows Apple expanding beyond the iPhone for revenue. Dan Niles, founding partner of AlphaOne Capital Partners, said valuations have gotten too extended and investors need to take a breather. Krish Sankar, senior research analyst at Cowen, praised the ability of a multibillion-dollar company growing at such a fast pace.
TradingNation Where is your “expert” Rod Hall from Goldman Sachs with his $165 Apple price target. Current...$327. You guys have him in hiding? Witness protection?
TradingNation The MM pumped the stock price of AAPL so hard to pleasure Buffett. As Buffett sold his holding, we will see a huge dump from now. Apple may have had blowout earnings, but these risks to the stock have emerged
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States United States Latest News, United States United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Synovus's Dan Morgan remains an Apple bull, despite stock surge - Business InsiderSynovus Trust's Dan Morgan is still a bull on Apple, even though the company's stock has surged over the last year. CoronaVuris will not stop the Apple pump 😉 At least not until they sell first. Those tax cuts along w that are making a killing for those ppl.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Services in spotlight after Apple stock market value hits $1.4 trillionServices in spotlight after Apple stock market value hits $1.4 trillion by randewich randewich Indeed randewich
Source: Reuters - 🏆 2. / 97 Read more »
Stock market live updates: Dow futures up 140, Apple record, coronavirus names bounceLive updates of what's moving the market and what's being talked about on Wall Street, including Apple's strong earnings and coronavirus names rebounding.
Source: CNBC - 🏆 12. / 72 Read more »
AlphaOne's Dan Niles says he's 'glad he got out' of Apple despite earnings beatHedge fund manager Dan Niles said Apple's stock is valued too highly because it is too reliant on iPhone sales. Seller's remorse? Niles offered an argument that Apple’s 24x p.e. is unattractive to him. No one on pointed out that many top stocks have high even very high p.e. ratios-at the beginning of their moves-and go higher.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks shrug off Wuhan virus worries as focus turns to Apple and Starbucks earnings - Business InsiderThe Dow tanked yesterday to turn the index negative for the year. 'You would expect some let-up after such a big move lower,' says one analyst. Bhagavad-Gita Quotes. Digital Mandir. 🍔🍔
Source: BusinessInsider - 🏆 729. / 51 Read more »