$Apple(AAPL)$ I made an additional investment in Apple stock, viewing it as a strategic position despite a neutral analyst stance. UBS analyst David Vogt maintains a Neutral rating with a $280 price target, citing slowing App Store growth and challenging December comps, though FX trends provide some support. Sensor Tower data shows Apple’s App Store revenue grew 6% in November, slightly down from prior months, with a 5% increase on a currency-neutral basis. While December faces a 12% comparison hurdle, this is manageable relative to recent mid-teens challenges, making this an opportunity to strengthen exposure ahead of year-end trends.
| Side | Price | Filled | Realized P&L |
|---|
| Buy Open | 278.53 0 | -0.24% Holding |
Trade Feed: Who is your favorite trader?
Come to the Trade Feed Topic to find more trading opportunities! Also, please feel free to recommend and introduce fellow Tigers to the "hidden gem traders" that you've discovered!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments