Here’s Why Apple Stock Will Significantly Recover in 2023

Invezz2022-12-26

Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start ...

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Comments

Zivcheah
2022-12-26
Zivcheah
O
- Zivcheah:
  O
blessed_1
2022-12-26
blessed_1
Thanks
valentia
2022-12-26
valentia
I believe so
- mac0racle:
  Yes
- Yao84:
  Me too
EKOS
2022-12-26
EKOS
[Miser]

Leave a comment

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He sees regulatory risks attributed to its App Store in Europe as overblown as well.</p><blockquote>While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.</blockquote><p>According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.</p><p>He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.</p></body></html>","source":"lsy1655782831344","collect":0,"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>Here’s Why Apple Stock Will Significantly Recover in 2023</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\">\nHere’s Why Apple Stock Will Significantly Recover in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/><strong>Invezz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start ...</p>\n\n<a href=\"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173823157","content_text":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start of 2022.Apple Inc has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.Suva’s bull case for the Apple stockSuva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.For the year, shares of the iPhone maker are down more than 25% at writing.What else could help the Apple stock?Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105344050,"gmtCreate":1672047578930,"gmtModify":1672047594208,"authorId":3582538202393061,"author":{"id":3582538202393061,"idStr":"3582538202393061","authorId":3582538202393061,"name":"Zivcheah","avatar":"https://static.tigerbbs.com/d52882be9b594ebb5b5933851792d286","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9925242289,"type":1,"supId":0,"prevId":0,"content":"<u>O</u>","text":"<u>O</u>","html":"<u>O</u>"}],"langContent":"EN"},{"id":9925243646,"gmtCreate":1672046295786,"gmtModify":1676538626667,"author":{"id":"4112410321254552","authorId":"4112410321254552","name":"blessed_1","avatar":"https://community-static.tradeup.com/news/71622697830d9517eb67a61917d8a95f","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":4,"crmLevelSwitch":1,"idStr":"4112410321254552","authorIdStr":"4112410321254552"},"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925243646","repostId":1173823157,"repostType":4,"repost":{"id":"1173823157","kind":"news","pubTimestamp":1672041116,"share":"https://ttm.financial/m/news/1173823157?lang=&edition=fundamental","pubTime":"2022-12-26 15:51","market":"us","language":"en","title":"Here’s Why Apple Stock Will Significantly Recover in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1173823157","media":"Invezz","summary":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 r","content":"<html><head></head><body><ul><li>Citi&#39;s Jim Suva cites six reasons why Apple stock will do well in 2023.</li><li>His price objective of $175 represents over a 30% upside from here.</li><li>Apple stock is currently down more than 25% versus the start of 2022.</li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a> has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.</p><h3>Suva’s bull case for the Apple stock</h3><p>Suva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.</p><blockquote>Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.</blockquote><p>The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.</p><p>For the year, shares of the iPhone maker are down more than 25% at writing.</p><h3>What else could help the Apple stock?</h3><p>Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.</p><blockquote>While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.</blockquote><p>According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.</p><p>He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.</p></body></html>","source":"lsy1655782831344","collect":0,"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>Here’s Why Apple Stock Will Significantly Recover in 2023</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\">\nHere’s Why Apple Stock Will Significantly Recover in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/><strong>Invezz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start ...</p>\n\n<a href=\"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173823157","content_text":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start of 2022.Apple Inc has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.Suva’s bull case for the Apple stockSuva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.For the year, shares of the iPhone maker are down more than 25% at writing.What else could help the Apple stock?Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9925255819,"gmtCreate":1672045040631,"gmtModify":1676538626446,"author":{"id":"4116569270341752","authorId":"4116569270341752","name":"valentia","avatar":"https://community-static.tradeup.com/news/64f8204fb4e5976eb0c1960943ccb2a2","vip":1,"crmLevel":4,"crmLevelSwitch":1,"idStr":"4116569270341752","authorIdStr":"4116569270341752"},"htmlText":"I believe so&nbsp;","listText":"I believe so&nbsp;","text":"I believe so","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9925255819","repostId":1173823157,"repostType":2,"repost":{"id":"1173823157","kind":"news","pubTimestamp":1672041116,"share":"https://ttm.financial/m/news/1173823157?lang=&edition=fundamental","pubTime":"2022-12-26 15:51","market":"us","language":"en","title":"Here’s Why Apple Stock Will Significantly Recover in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1173823157","media":"Invezz","summary":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 r","content":"<html><head></head><body><ul><li>Citi&#39;s Jim Suva cites six reasons why Apple stock will do well in 2023.</li><li>His price objective of $175 represents over a 30% upside from here.</li><li>Apple stock is currently down more than 25% versus the start of 2022.</li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a> has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.</p><h3>Suva’s bull case for the Apple stock</h3><p>Suva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.</p><blockquote>Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.</blockquote><p>The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.</p><p>For the year, shares of the iPhone maker are down more than 25% at writing.</p><h3>What else could help the Apple stock?</h3><p>Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.</p><blockquote>While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.</blockquote><p>According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.</p><p>He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.</p></body></html>","source":"lsy1655782831344","collect":0,"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>Here’s Why Apple Stock Will Significantly Recover in 2023</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\">\nHere’s Why Apple Stock Will Significantly Recover in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/><strong>Invezz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start ...</p>\n\n<a href=\"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173823157","content_text":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start of 2022.Apple Inc has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.Suva’s bull case for the Apple stockSuva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.For the year, shares of the iPhone maker are down more than 25% at writing.What else could help the Apple stock?Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105348815,"gmtCreate":1672095868189,"gmtModify":1672095881939,"authorId":4105682868479180,"author":{"id":4105682868479180,"idStr":"4105682868479180","authorId":4105682868479180,"name":"mac0racle","avatar":"https://static.itradeup.com/news/4dc37b66a531fcae6a5c31754d48f122","vip":1,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-1","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Elite Trader","description":"Total number of securities or futures transactions reached 30","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.11.15","exceedPercentage":"60.62%","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1100},"crmLevel":3,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9925255819,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Yes</span>","text":"<span class=\"s1\">Yes</span>","html":"<span class=\"s1\">Yes</span>"},{"id":105343801,"gmtCreate":1672046244566,"gmtModify":1672046257326,"authorId":3578997581123464,"author":{"id":3578997581123464,"idStr":"3578997581123464","authorId":3578997581123464,"name":"Yao84","avatar":"https://static.tigerbbs.com/5e30432f9f4a2555514d757fdb9c4f0d","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-1","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Debut Tiger","description":"Join the tiger community for 500 days","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.30","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":1,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9925255819,"type":1,"supId":0,"prevId":0,"content":"<span class=\"s1\">Me too</span>","text":"<span class=\"s1\">Me too</span>","html":"<span class=\"s1\">Me too</span>"}],"langContent":"EN"},{"id":9925253139,"gmtCreate":1672043694221,"gmtModify":1676538626232,"author":{"id":"4100058529967950","authorId":"4100058529967950","name":"EKOS","avatar":"https://community-static.tradeup.com/news/262b14194b70ac55fd568f3bea2f9a78","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"4100058529967950","authorIdStr":"4100058529967950"},"htmlText":"[Miser]&nbsp;","listText":"[Miser]&nbsp;","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925253139","repostId":1173823157,"repostType":2,"repost":{"id":"1173823157","kind":"news","pubTimestamp":1672041116,"share":"https://ttm.financial/m/news/1173823157?lang=&edition=fundamental","pubTime":"2022-12-26 15:51","market":"us","language":"en","title":"Here’s Why Apple Stock Will Significantly Recover in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1173823157","media":"Invezz","summary":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 r","content":"<html><head></head><body><ul><li>Citi&#39;s Jim Suva cites six reasons why Apple stock will do well in 2023.</li><li>His price objective of $175 represents over a 30% upside from here.</li><li>Apple stock is currently down more than 25% versus the start of 2022.</li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a> has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.</p><h3>Suva’s bull case for the Apple stock</h3><p>Suva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.</p><blockquote>Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.</blockquote><p>The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.</p><p>For the year, shares of the iPhone maker are down more than 25% at writing.</p><h3>What else could help the Apple stock?</h3><p>Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.</p><blockquote>While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.</blockquote><p>According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.</p><p>He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.</p></body></html>","source":"lsy1655782831344","collect":0,"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>Here’s Why Apple Stock Will Significantly Recover in 2023</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\">\nHere’s Why Apple Stock Will Significantly Recover in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 15:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/><strong>Invezz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start ...</p>\n\n<a href=\"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://invezz.com/news/2022/12/25/buy-apple-stock-for-2023-citi-jim-suva/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173823157","content_text":"Citi's Jim Suva cites six reasons why Apple stock will do well in 2023.His price objective of $175 represents over a 30% upside from here.Apple stock is currently down more than 25% versus the start of 2022.Apple Inc has had an unusually poor 2022 but the coming year will be one of strength, says Jim Suva. He’s a Senior Analyst at Citigroup.Suva’s bull case for the Apple stockSuva expects wage growth in India to drive significant upside for the tech behemoth in 2023. More importantly, he does not expect a consumer slowdown to meaningfully hit iPhone sales.Many believe that strong growth seen in iPhones over the past two years will see sharp declines ahead as macro inflationary pressures take a bite out of consumer spending. We don’t believe this is the case.The multinational is reportedly only months away from unveiling its AR/VR headset, which, as per the Citi analyst, will be another catalyst for the Apple stock in 2023.For the year, shares of the iPhone maker are down more than 25% at writing.What else could help the Apple stock?Suva is also convinced that services growth will pick up moving forward following four consecutive quarters of decline. He sees regulatory risks attributed to its App Store in Europe as overblown as well.While the December quarter is constrained by supply (China Covid closures impacting production), we believe demand for Apple’s products and services is likely to remain resilient throughout full year 2023.According to the Citi analyst, Apple will spend north of a $100 billion on shareholder returns in the coming year that will further boost its share price.He recommends buying Apple stock and sees upside in it to $175 – more than a 30% increase from here.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":59,"commentSize":4,"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":"4.29.4","shortVersion":"4.29.4","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/1173823157"}