Apple Poised for High-Demand Holidays
29 November 2021 - 10:31AM
TipRanks
After a multi-month rally, the broader stock market might
have begun to consolidate and even sell off last week.
However, renewed COVID-19 concerns are expected to mostly affect
the “reopening” investment plays, and to a lesser extent,
tech. The most valuable company in the world, Apple, Inc. (AAPL)
took a bit of a hit on Friday, although analysts foresee a
long-term opportunity for upside. (See Top Smart Score Stocks
on TipRanks) Providing several factors for his explanation is
Daniel Ives of Wedbush Securities. He wrote that
the multinational technology firm should continue to see high
growth from its iPhone and Airpods holiday sales, despite
persisting supply chain woes.
https://www.tipranks.com/news/article/apple-poised-for-high-demand-holidays?utm_source=advfn.com&utm_medium=referral
Apple (NASDAQ:AAPL)
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