NASDAQ Analyst Recommendations chart shows continued positive momentum for Apple Computer

For months and months NASDAQ’s “Analysts Recommendations” (a group of 15-20 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 had changed again:
Strong Buy – 3
Buy – 3
Hold – 9
Underperform – 0
Sell – 1

We checked the chart on June 2nd and found this:
Strong Buy – 3
Buy – 3
Hold – 11
Underperform – 0
Sell – 0 (Finally. ‘Bye ‘bye lone “Sell” recommendation. Better late than never!)

And on July 6, 2004 the chart looked like this:
Strong Buy – 3
Buy – 5
Hold – 10
Underperform – 0
Sell – 0

Today the chart looks like this:
Strong Buy – 4
Buy – 7
Hold – 8
Underperform – 0
Sell – 0

View the latest chart here.

4 Comments

  1. Sun just overtook Apple again. Come on Steve, we need more innovations, or McNealy will be pulling away again.

    Some would say I take these things too seriously. Especially as I have no money whatsoever in AAPL shares ” width=”19″ height=”19″ alt=”grin” style=”border:0;” />

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