Trump’s tariffs effects - AAPL was no longer a growth stock
1.Major US fashion brands and retailers rallying after Trump says he is talking to Vietnam about lowering tariffs.
$Levi Strauss & Co(LEVI)$ $Macy's(M)$ $American Eagle Outfitters(AEO)$ $Abercrombie & Fitch(ANF)$ $Lululemon Athletica(LULU)$ $Nike(NKE)$ $Ralph Lauren(RL)$ $Gap, Inc(GAP)$
Image
2.Energy, basic materials and technology suffering the brunt of Trump’s trade war escalation and China’s retaliatory moves. $S&P 500(.SPX)$ $Invesco QQQ(QQQ)$
Image
3.We need some adults taking charge right about now.
At the same time, keep your eyes open for opportunities in the markets.
Image
4.Apple $Apple(AAPL)$ was no longer a growth stock before all of this. Now, it might now be 1/3rd less profitable on a net basis AND about half as profitable on a FCF basis. Yikes! There goes the value proposition. Any takers?
Open a CBA today and enjoy access to a trading limit of up to SGD 20,000 with upcoming 0-commission, unlimited trading on SG, HK, and US stocks, as well as ETFs. Find out more here.
Other helpful links:
💰Join the TB Contra Telegram Group to Get $10 Trading Vouchers Now🎉
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.
- BtWin·04-07it's already not a growth stocks adhd lagging company. NokiaLikeReport