This Expert Sees Apple Stock Falling 10%

TheStreet2021-08-06

Apple shares remain stuck in the mud following strong fiscal Q3 results. One analyst believes that things will get even worse for the stock before they get better. Applereported very solid fiscal Q3 ...

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Comments

Tansri
2021-08-07
Tansri
If it goes up, it’s good for me. If it goes down another 10%, I’ll buy more and it’s even better for me
bzlim
2021-08-06
bzlim
Still gonna buy more when it drops.
- 慢的老人:
  Yes. We should not give too much credence to one "expert" who has negative bias against AAPL
kaido
2021-08-06
kaido
Nice
- kaido:
  thanks
- Gabriel林倡銘:
  Yes
newbee111
2021-08-06
newbee111
Ok
SG58
2021-08-06
SG58
Ok
Jenjorjack
2021-08-06
Jenjorjack
Watch the earnings going forward. It is still a good company just not so good a price. Please like comment and follow
- Huathk:
  Gd
- hanlun_97:
  buyy
- Melvin888:
  No way 10%

Leave a comment

101

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One analyst believes that things will get even worse for the stock before they get better.\nApplereported very solid fiscal Q3 ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/this-expert-sees-apple-stock-falling-10\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AAPL","symbol_name":"苹果","start_time":0,"source_url":"https://www.thestreet.com/apple/news/this-expert-sees-apple-stock-falling-10","article_id":"1127725180","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1127725180","pubTimestamp":1628211788,"sourceInfo":null,"weMediaInfo":null,"summary":"Apple shares remain stuck in the mud following strong fiscal Q3 results. One analyst believes that t","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"这位专家认为苹果股票下跌10%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"Apple shares remain stuck in the mud following strong fiscal Q3 results. One analyst believes that things will get even worse for the stock before they get better.\nApplereported very solid fiscal Q3 numberson July 27, zipping past Wall Street’s most optimistic estimates once again. But as Apple stock failed to get traction after earnings season, not all analysts seem convinced that robust past performance will translate into higher share price.\nTake Bernstein Toni Sacconaghi, for instance. The Apple skeptic, who has a hold rating on the stock and price target of $132 apiece,believes that AAPL has 10% downside from current levels. 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Apple is certainly more about services today than it used to be, but the iPhone remains a crucial component of the ecosystem.\nFigure 2: Apple's total revenue growth.\nMr. Sacconaghi also thinks that valuations have stretched too thin. Historically, AAPL has been valued at a discount to the market. Today, the stock trades eight turns higher on a trailing twelve-month P/E basis, at 29 times earnings.\nTo be clear, Bernstein’s analyst believes that Apple deserves to be valued higher than the S&P 500 now, given the growth in the higher-margin and recurring revenue service businesses. But he questions how much is too much. The analyst thinks that a fair earnings multiple would be around 25 times.\nThe Apple Maven’s take\nIn my view, Bernstein’s analyst raises a few important points. Apple stock rallied ahead of earnings, which may explain a period of share price consolidation, even after strong earnings. 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But I continue to find the stock a good buy-and-hold investment for the long term.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":893437014,"gmtCreate":1628294874938,"gmtModify":1703504579949,"author":{"id":"3577406038476249","authorId":"3577406038476249","name":"Tansri","avatar":"https://static.tigerbbs.com/281e15019b751acf6992d8219736b9dd","vip":1,"crmLevel":6,"crmLevelSwitch":1,"idStr":"3577406038476249","authorIdStr":"3577406038476249"},"htmlText":"If it goes up, it’s good for me. If it goes down another 10%, I’ll buy more and it’s even better for me&nbsp;","listText":"If it goes up, it’s good for me. If it goes down another 10%, I’ll buy more and it’s even better for me&nbsp;","text":"If it goes up, it’s good for me. If it goes down another 10%, I’ll buy more and it’s even better for me","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/893437014","repostId":1127725180,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899798105,"gmtCreate":1628213912607,"gmtModify":1703503255231,"author":{"id":"3572436349218639","authorId":"3572436349218639","name":"bzlim","avatar":"https://static.tigerbbs.com/3b2aafaf14823285f7393917b6ff4f54","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3572436349218639","authorIdStr":"3572436349218639"},"htmlText":"Still gonna buy more when it drops.&nbsp;","listText":"Still gonna buy more when it drops.&nbsp;","text":"Still gonna buy more when it drops.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/899798105","repostId":1127725180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5442933,"gmtCreate":1628218948336,"gmtModify":1663232002233,"authorId":3582028884093480,"author":{"id":3582028884093480,"idStr":"3582028884093480","authorId":3582028884093480,"name":"慢的老人","avatar":"https://static.tigerbbs.com/d8809bb976396889eb133162af0901b8","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.12.08","exceedPercentage":"80.61%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899798105,"type":1,"supId":0,"prevId":0,"content":"Yes. We should not give too much credence to one \"expert\" who has negative bias against AAPL","text":"Yes. We should not give too much credence to one \"expert\" who has negative bias against AAPL","html":"Yes. We should not give too much credence to one \"expert\" who has negative bias against AAPL"}],"langContent":"EN"},{"id":899705025,"gmtCreate":1628213574367,"gmtModify":1703503243314,"author":{"id":"3574926290820486","authorId":"3574926290820486","name":"kaido","avatar":"https://static.tigerbbs.com/b3866436a9d4f9acaf05b97581f52f9d","vip":1,"hat":"https://static.tigerbbs.com/7b75ce0c34afff716602792a5d0929dd","crmLevel":1,"crmLevelSwitch":0,"idStr":"3574926290820486","authorIdStr":"3574926290820486"},"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/899705025","repostId":1127725180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5443239,"gmtCreate":1628220711874,"gmtModify":1663231999142,"authorId":3574926290820486,"author":{"id":3574926290820486,"idStr":"3574926290820486","authorId":3574926290820486,"name":"kaido","avatar":"https://static.tigerbbs.com/b3866436a9d4f9acaf05b97581f52f9d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899705025,"type":1,"supId":5442216,"prevId":0,"content":"<u>thanks</u>","text":"<u>thanks</u>","html":"<u>thanks</u>"},{"id":5442216,"gmtCreate":1628214570704,"gmtModify":1663231994739,"authorId":3575234021908444,"author":{"id":3575234021908444,"idStr":"3575234021908444","authorId":3575234021908444,"name":"Gabriel林倡銘","avatar":"https://community-static.tradeup.com/news/5f79fe34fb45208de204a36457e2a3d7","vip":1,"currentWearingBadge":{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1102},"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899705025,"type":1,"supId":0,"prevId":0,"content":"Yes","text":"Yes","html":"Yes"}],"langContent":"EN"},{"id":899445473,"gmtCreate":1628212821692,"gmtModify":1703503216224,"author":{"id":"3573939677876063","authorId":"3573939677876063","name":"newbee111","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"3573939677876063","authorIdStr":"3573939677876063"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899445473","repostId":1127725180,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899446034,"gmtCreate":1628212702128,"gmtModify":1703503213957,"author":{"id":"3583757299776757","authorId":"3583757299776757","name":"SG58","avatar":"https://static.tigerbbs.com/c8154cfcb764b658e710cc08e7ee30a5","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3583757299776757","authorIdStr":"3583757299776757"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899446034","repostId":1127725180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899443976,"gmtCreate":1628212521095,"gmtModify":1703503209745,"author":{"id":"3554873215379647","authorId":"3554873215379647","name":"Jenjorjack","avatar":"https://static.tigerbbs.com/d9d4687aa5519f0d2fb1b18f916be861","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":1,"idStr":"3554873215379647","authorIdStr":"3554873215379647"},"htmlText":"Watch the earnings going forward. It is still a good company just not so good a price. Please like comment and follow&nbsp;","listText":"Watch the earnings going forward. It is still a good company just not so good a price. Please like comment and follow&nbsp;","text":"Watch the earnings going forward. It is still a good company just not so good a price. Please like comment and follow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/899443976","repostId":1127725180,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5444732,"gmtCreate":1628234220811,"gmtModify":1663232009832,"authorId":3573472992263411,"author":{"id":3573472992263411,"idStr":"3573472992263411","authorId":3573472992263411,"name":"Huathk","avatar":"https://static.tigerbbs.com/43c7168c646d9ea6805194ed0003f1cc","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899443976,"type":1,"supId":0,"prevId":0,"content":"Gd","text":"Gd","html":"Gd"},{"id":5441827,"gmtCreate":1628212745801,"gmtModify":1663231997132,"authorId":3573629317436641,"author":{"id":3573629317436641,"idStr":"3573629317436641","authorId":3573629317436641,"name":"hanlun_97","avatar":"https://static.tigerbbs.com/8d6cf21cdd6872d6a910bdfa9c913bb8","vip":1,"crmLevel":1,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899443976,"type":1,"supId":5441811,"prevId":0,"content":"<u>buyy</u>","text":"<u>buyy</u>","html":"<u>buyy</u>"},{"id":5441811,"gmtCreate":1628212668655,"gmtModify":1663231996726,"authorId":3577938728188071,"author":{"id":3577938728188071,"idStr":"3577938728188071","authorId":3577938728188071,"name":"Melvin888","avatar":"https://static.tigerbbs.com/1f7e36200d6d8c6159f6d35c041d8e3e","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.11.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":899443976,"type":1,"supId":0,"prevId":0,"content":"No way 10%","text":"No way 10%","html":"No way 10%"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":101,"commentSize":9,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1127725180"}