Could Macro Events Have Bitten into Apple’s Q1?
19 Januar 2022 - 03:30PM
TipRanks
The interest rate hike speculations have kept technology stocks
most susceptible to sell-offs in the past few weeks. Being one of
the leading tech companies, Apple (NASDAQ: AAPL) has also borne the
brunt of these sell-offs, to some extent. In their flight,
investors of growth stocks have eaten off 6.71% of the AAPL stock
price since the beginning of January. Q1: The Strengths and
Weaknesses Nonetheless, ahead of its 1QF22 earnings results that
are awaited on January 27, Monness Crespi Hardt analyst Brian White
believes that Apple can be a good bet, despite the tense
environment of the economy.
https://www.tipranks.com/news/article/could-macro-events-have-bitten-into-apples-q1?utm_source=advfn.com&utm_medium=referral
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