Most of that is due to their recent profitability. If they can prove and show AI revenue, it's going way, way higher. So will SNOW, PANW, CRM, and many others. I know people have been meh on AAPL for the past 2 months, but when they drop the AI hammer, I think it will be epic. Looking at leap calls for AAPL and letting it ride.
Given the price I think there is a good portion of that AI rev already priced in. I think they need to show big rev growth, in the form of AI or otherwise for continuation of this run.
Small caps have a long way to run, which I think will happen once we get more clarity on the cuts. R2K still way below its ATH and valuations compared to the S&P 500 at a 20-year low.
Like I said it's at 52 week highs, and near 2 year highs, slightly above a resistance, a level it pressed against as recently as December, in my amateur chart reading opinion, this looks like it wants to clean break past this resistance even without clarity on cuts.
AAPL has been underperforming this year and will take off once AI pathway has been formulated.
Agreed! Any thoughts on the timing of such an announcement? Cook only mentioned "later this year".
Permabear therapy session! They will likely cover all 5 stages of grief. I think the crew will be extra nice to him due to the recent demotion at MS.
The guys did powder his bottom a little to start.
Honestly, whenever I listen to one of their podcasts/videos, I skip ahead when Dan is talking. I know what he is going to say before he does.
They got hit with ransomware and record stealing. Prescription system jacked-up for weeks now.
www.wyff4.com
The market is punishing the stock for those issues.
Nice to see the market pop a little at the end of the day. Maybe that bodes well for the rest of the week, unless Powell does something stupid.
Crwd in afterhours is making a fairly bad day for my portfolio not too bad at all.
Just looked up CRWD. My goodness! Up 26%. That's going to raise all cyber stocks tomorrow. I own CRWD, ZS, and PANW via FS Insights stock list.
just read one analyst who is bearish on the stock overall actually sees the note offering as a positive.
Saw PANW was up in afterhours.
Pretty cool that E-Trade shows you all that.
“Selling your winners and holding your losers is like cutting the flowers and watering the weeds.” - Buffett
Don’t be a greedy pig.- Rutgersdave
That advice is good if you are a trader or someone with a short-term POV. If you are an investor, following the wisdom of Buffett, Munger, and Lynch.
Looking forward to their R2 announcement today. However, those models don't come online until 2026. There will likely be a massive raise prior to this.
