Big Tech Shines, Apple Stock Looks Stronger

TheStreet2021-06-29

The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July. It took a while ...

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Comments

Jolenelxm
2021-06-30
Jolenelxm
Likey presse
Jolenelxm
2021-06-30
Jolenelxm
Likey presse
ggggigi
2021-06-30
ggggigi
Does anyone think it’s overvalued now? I’m thinking to buy
- WarSlasher:
  k
ggggigi
2021-06-29
ggggigi
Stonks hahaha
Hengfc
2021-06-29
Hengfc
Great
Tgrrrrrqq
2021-06-29
Tgrrrrrqq
iPhone 13

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The Apple Maven explains why Apple stock looks stronger by the day heading into July.\nIt took a while ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Big Tech Shines, Apple Stock Looks Stronger</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBig Tech Shines, Apple Stock Looks Stronger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 20:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July.\nIt took a while ...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/big-tech-shines-apple-stock-looks-stronger\">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/big-tech-shines-apple-stock-looks-stronger","article_id":"1136739891","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1136739891","pubTimestamp":1624969447,"sourceInfo":null,"weMediaInfo":null,"summary":"The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. Th","collect":0,"end_time":0,"defaultTopTitle":"thestreet.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"AAPL":"苹果"},"translate_title":"大科技大放异彩，苹果股票看起来更强","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":0.9},"content_text":"The second quarter, especially the month of June, has been marked by the rebirth of FAAMG stocks. The Apple Maven explains why Apple stock looks stronger by the day heading into July.\nIt took a while for Big Tech to shine again, but the time seems to have come at last. After the FAAMG group reached an intra-pandemic peak in September (see chart below), these mega-cap tech stocks traded sideways through the end of the first quarter 2021.\nWith June nearly over, FAAMG climbed a sizable 15% in the second quarter alone, lavishly beating its “mirror image” Russell 2000. Within Big Tech, Apple stock (AAPL) looks stronger by the day, as it approaches its own peak of $143 ahead of a month that I believe will be bullish for the Cupertino company.\nFigure 1: FAAMG vs. Russell 2000\nA turnaround in tech\nIn the world of investing, there is an old saying that the market is not the economy. In other words: stock prices can fluctuate decoupled from business fundamentals or macroeconomic factors. This seems to have been the case in Big Tech. Take Apple as an example.\nThe iPhone company delivered outstanding results in fiscal second quarter. All segments grew by at least 24% year-over-year. Yet, in the two months that followed earnings day, AAPL traded lower by 8%. At one point in March, it pulled back nearly 20% from the late January peak. This seems like a contradiction.\nWhat happened to Apple and its peers was a classic case of cyclical rotation. With the reopening of the economy, investors flocked to sectors like banks, industrials, and materials. Tech companies continued to perform well, but their stocks did not.\nNow, with FAAMG back on the rise,in part also due to a stabilization in yields, the following has happened in the past few days:\n\nMicrosoft became only the second US-based company ever to be valued above $2 trillion;\nFacebook has joined the $1 trillion market cap club;\nAmazon and Apple stock have exited correction territory, with the former nearly setting a new all-time high in June.\n\nTime to cash in?\nI take some issue with the idea that stocks should be sold merely because they have reached (or are about to reach) record-level prices. Over time, the value of high-quality stocks tends to rise. If investors dispose of FAAMG shares only because they have rallied, multi-year gains can never be earned.\nIn the case of Apple stock, I maintain my views that shares should be held into July at least, if not over a much longer period. 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I’m thinking to buy","listText":"Does anyone think it’s overvalued now? I’m thinking to buy","text":"Does anyone think it’s overvalued now? I’m thinking to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153321847","repostId":1136739891,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5078520,"gmtCreate":1625039328753,"gmtModify":1663230323731,"authorId":3575195102402470,"author":{"id":3575195102402470,"idStr":"3575195102402470","authorId":3575195102402470,"name":"WarSlasher","avatar":"https://static.tigerbbs.com/0c98b196bb3a5da8bb25c9d45e23a4ce","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":153321847,"type":1,"supId":0,"prevId":0,"content":"k","text":"k","html":"k"}],"langContent":"EN"},{"id":159712242,"gmtCreate":1624979871986,"gmtModify":1703849459194,"author":{"id":"3577332310934399","authorId":"3577332310934399","name":"ggggigi","avatar":"https://static.tigerbbs.com/5ce3639c191919fa183c19f6e29b5a2a","vip":1,"crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3577332310934399","idStr":"3577332310934399"},"htmlText":"Stonks&nbsp;hahaha","listText":"Stonks&nbsp;hahaha","text":"Stonks hahaha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159712242","repostId":1136739891,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159571420,"gmtCreate":1624975605960,"gmtModify":1703849259721,"author":{"id":"3581819974565133","authorId":"3581819974565133","name":"Hengfc","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581819974565133","idStr":"3581819974565133"},"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159571420","repostId":1136739891,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":159540308,"gmtCreate":1624975316304,"gmtModify":1703849239665,"author":{"id":"3582747298938879","authorId":"3582747298938879","name":"Tgrrrrrqq","avatar":"https://static.tigerbbs.com/8318a90df80c479c392cf1336a9ef614","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582747298938879","idStr":"3582747298938879"},"htmlText":"iPhone 13","listText":"iPhone 13","text":"iPhone 13","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/159540308","repostId":1136739891,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":118,"commentSize":26,"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":"4.29.1","shortVersion":"4.29.1","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/1136739891"}