Raymond James has initiated coverage of Apple Inc. (AAPL) with a “Strong Buy” recommendation and has set a price target of $800.
13 Comments
Reader Feedback
Apple is betting big on India
Apple in recent years has made an aggressive move to expand operations on both the manufacturing and sales front in India. The company…
Apple said to launch M4 Mac mini in late 2024 or early 2025, skipping M3
Apple could completely skip the M3 generation for some Macs, most notably the Mac mini, launching a new M4 Mac mini as soon as this year…
Apple said to be close to TV deal With FIFA for new tournament
Apple and FIFA are said to be nearing an agreement wthat ould give the tech company worldwide rights for a monthlong World Cup-style…
Apple acquires Datakalab, an AI startup specializing in on-device processing
As it scrambles to catch up to rivals in GenAI, Apple has acquired the Paris-based artificial intelligence startup Datakalab which…
BofA names Apple a top stock pick for 2024 ahead of key earnings
Bank of America (BofA) is bullish on Apple, naming it a top stock pick for 2024 ahead of Cupertino’s Q224 earnings report on May 2nd…
Agree , the recent big drop is the result of clearing call option holders to make the Apple rocket A clear sky to launch . It is really sad that options are that cunning and very unfair .
How are they cunning? How are they unfair? You place your money in play either in options or simply by buying the stock. Or better, both. It’s nothing new. It’s simply part of investing. Anyone who invests understands these simple investing methods. Or should. The stock market is not for the uninformed. If you mean there’s strategy involved in investing, well yes of course. Not much thinking needed to buy the stock. Options on the other hand do require planning not just throwing money at a stock. But there’s nothing unfair about options. Quite the opposite, they require knowledge not needed in simple stock picking. Too bad you’re not more knowledgeable, it’s a great way to invest.
In the ideal world the stock market is fair for everyone. But there is no equality of information, trading access, etc. If you have the power to manipulate the market, then options can greatly magnify your advantage and/or lock in gains and protect from losses at a fairly modest cost. But options are no more “unfair” to the individual investor than the rest of the market.
I don’t expect the market to be fair. That’s why I am seldom disappointed.
Can’t say I disagree completely but sometimes you just have to do the best you can. Shares of AAPL have been more than I want to pay since $275.00. I have used options with very good results. Many times more profitable for me than buying shares. I have much less invested therefore I have much less to lose. Works for me. And there are other stocks out there. Some cheaper and just as profitable. Just not as popular. Remember, it’s all about percentage. What percentage profit or loss do you have in each investment? Nothing else matters. If you can make money in a company that makes trash cans then invest. Your account doesn’t care if it’s AAPL or something else, your account simply want’s to get bigger.
I will never buy options again as they intentionally control the market to kill options-calls without a practical reason that makes Apple drop. The main reason of AAPL drop is too much calls buyers !!!!
I insult the option company for this intentional killing.
Wow! To whatever the hell you just tried to convey!
With a one day drop of 4%, it’s a buy nevertheless.
Its about time. Maybe my financial advisor won’t argue any time I want to buy more.
What a curious coincidence that, every time Apple stock plunges, a new analyst will appear from nowhere to announce an out-of-this-world price target. Proof that there is no collusion between corporations and the investment industry. Couldn’t happen!
Agree. They are talking more than a 50% rise from today’s close. That would be great but not very probable.
iCaled!
Raymond James initiates Apple coverage
Wow! They’re going to start covering the world’s largest public company!
Remind me never to invest with these laggards.
All options callers were killed and now time to launch .