NASDAQ Analyst Recommendations chart shows continued positive momentum for Apple Computer

For months and months NASDAQ’s “Analysts Recommendations” (a group of 16-18 analyst firms that fluctuates as coverage is added and dropped at various times) for Apple Computer (AAPL) looked like this:
Strong Buy – 0
Buy – 1
Hold – 15
Underperform – 0
Sell – 1

Then a week before Jobs’ January 2004 Macworld keynote, we reported that we had finally noticed movement on the analyst recommendations:
Strong Buy – 1
Buy – 1
Hold – 14
Underperform – 0
Sell – 1

On January 14th, in advance of Apple’s earning announcement, we reported another marked shift in the analyst recommendations for AAPL. That chart looked like this:
Strong Buy – 2
Buy – 2
Hold – 12
Underperform – 0
Sell – 1

Then on January 21, 2004, the chart reflected 18 analyst firm recommendations:
Strong Buy – 2
Buy – 3
Hold – 12
Underperform – 0
Sell – 1

Then, on March 24th, the chart has changed again:
Strong Buy – 3
Buy – 3
Hold – 9
Underperform – 0
Sell – 1

We checked the chart today and found that it has changed again:
Strong Buy – 3
Buy – 3
Hold – 11
Underperform – 0
Sell – 0

Finally. ‘Bye ‘bye lone “Sell” recommendation. Better late than never!

View the latest chart here.

9 Comments

  1. Looks like somebody returned from a looong stay at a mental institution. Obviously cured.
    Or maybe they that “analyst” with a person who can read newspapers.

  2. Looks like somebody returned from a looong stay at a mental institution. Obviously cured.
    Or maybe they REPLACED that “analyst” with a person who can read newspapers.
    Sorry!

  3. That lone “sell” recently had his $3000 Dell crap out on him from a virus just as his nephew walked into the office with a PowerBook.

    Many people fear the complexity and apparent dangers of being asked to send 6.28 billion billion electrons every second through a 42 micron tungsten wire in an inert atmosphere, while others find it as simple as flipping a light switch.

    I think it is proof that people are inherently lazy. They’d much rather deal with the current known complexities rather than relearn an easier way. Odd isn’t it?

  4. Hell yeah.
    My AAPL portfolio is getting bigger and doing nice ” width=”19″ height=”19″ alt=”smile” style=”border:0;” />
    Bought nice amount of my AAPL when it was down = $13
    I have to fix it so that I am on of the first MDN AAPL millionaires.

    Longhorn BBQ at my place!
    MOoo!

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