Apple: The Mage-Tech Stock
There are solid reasons why is a $Apple(AAPL.US$ buy for many investors given their cash on hand and the ability to weather the present economic storm and continue to be a solid investment over the long run. However, we currently have a HOLD rating given the number of macro headwinds the company faces, including slowing consumer demand in the U.S. and China. For the first time ever, Apple offered a rare retail promotion in China, discounting the iPhone and accessories. Demand is clearly an issue. However, because of Apple’s balance sheet strength and amazing profitability, they are likely to withstand a slowdown. Despite solid fundamentals, with earnings approaching and the macro environment, Apple is facing some headwinds.
$Nasdaq Composite Index(.IXIC.US$ $Amazon(AMZN.US$ $Meta Platforms(META.US$
$Nasdaq Composite Index(.IXIC.US$ $Amazon(AMZN.US$ $Meta Platforms(META.US$
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暖暖的daddy : price too high for aapl at 160 level, wait retracement at 145-150 to buy back
暖暖的daddy : amazon also high at this level 137, this price is advance for 2023's earning, suggest to sell out first, wait 100 to buy back