NASDAQ Analyst Recommendations chart shows continued positive momentum for Apple Computer

For months and months NASDAQ’s “Analysts Recommendations” (a group of 15-25 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

On July 27, the chart changed again:
Strong Buy – 4
Buy – 7
Hold – 8
Underperform – 0
Sell – 0

Today the chart looks like this:
Strong Buy – 6
Buy – 7
Hold – 8
Underperform – 0
Sell – 0

View the latest chart here.

4 Comments

  1. Hey, we’re movin’ on up, to the Eastside,
    To the dee-luxe apartment, in the sky.
    Mo-hoovin’ on up, to the Eastsi-hide,
    We finally got our piece of the pi-hi-a-a-aie (pie).

    (Theme-song from “The Jeffersons.” All rights reserved by their respective owners. Not used by permission. You should consider yourselves lucky that anyone even remembers that lame show. I didn’t make any money off of this, so lighten up.)

  2. fandango..

    I think you sang that pretty good !!…

    You should think about a new vocation in doing jingles !!

    LOL…

    Just remember to….”keep yer hands and legs inside the car at all times….and enjoy your ride !”

  3. Who’s the freak’n idiot that keeps putting up the “sale” recommendation. I hope that he doesn’t have anything to do with my other investments. He/she much own a lot of MS stock and is getting pissed off.

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