For months (even eons, it seemed) NASDAQ’s “Analysts Recommendations” (a group of analyst 17 firms) for Apple Computer (AAPL) looked like this (but with prettier graphics):
Strong Buy – 0
Buy – 1
Hold – 15
Underperform – 0
Sell – 1
Then last week we reported that we had noticed movement (that report is still in the abyss due to our recent calamity and is pending database reclamation) on the analyst recommendations:
Strong Buy – 1
Buy – 1
Hold – 14
Underperform – 0
Sell – 1
Now, in advance of today’s earning announcement, a veritable fiesta (compared to the previous glacial pace) of analyst recommendation changes is happening for AAPL. The latest chart looks like this:
Strong Buy – 2
Buy – 2
Hold – 12
Underperform – 0
Sell – 1
A noticeable swing to the positive for Jobs & Co. We theorize that the unnamed analyst firm still insisting on recommending “Sell” is either defunct, subject of a probe by the Attorney General and forgot to send in their changes to NASDAQ, or a victim of the ever-popular condition known as “high on crack.”
View the latest chart and see all of the pretty colors here.
1. Thank God that MDN is back online.
2. Go, Apple!!!
I agree with the analysts, for once. They must be ice skating in hell.
Considering how much Apple’s stock has gone up since April of last year, if I were a customer of that firm recommending sell I would bring a class action suit against that firm for being complete nincompoops (I think you can sue someone for this, can’t you!?).
I am really, really, really glad MDN is back.
Check this chart, 5 years of AAPL and the other 3 PC makers – 5 Years is as close to the second coming of Jobs you can get. AAPL has been pretty much ahead of the market, except for the few months after Steve announced the start of the recession.
http://finance.yahoo.com/q/bc?s=AAPL&t=5y&l=on&z=m&q=l&c=dell,hpq,gtw,^IXIC
Also check this:
http://www.macobserver.com/comments/commentindivdisplay.shtml?id=39186
But most analysts still say hold.
And I think that unnamed analyst firm is probably a victim of crack…