Two traders pick their FAANG favorites ahead of earnings next week

CNBC2021-04-23

The FAANG stocks are in for an eventful week. Every high-profile technology stock in the group except Netflix is set to report earnings in coming days.Alphabet will report on Tuesday,Apple and ...

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Comments

phantom74
2021-04-25
phantom74
Grwatmtgreat
Lionel_yp
2021-04-25
Lionel_yp
Good
Garanguni
2021-04-24
Garanguni
FB?
TeflonTusk
2021-04-24
TeflonTusk
No good
Rnglord
2021-04-24
Rnglord
Like and comment will do the same
tigger_jif
2021-04-24
tigger_jif
FB chart looking to rebound!
- Joanne1135:
  ?

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They’re dominating the market. They’re innovating every day,” he said. “There are Apple products in everybody’s households everywhere. ... Each generation has some Apple device. So, I think during this tech revolution we’re in right now, you’re going to see these two companies dominate.”\nHe suggested using Apple’s latest dip as a buying opportunity. The stock closed down more than 1% on Thursday at $131.94 a share.\nTwo other names have a stronger technical setup, MKM Partners chief market technician JC O’Hara said in the same interview.\n“Three out of those five stocks have been dead money since last August,” he said. “If you look at the charts, they basically have consolidated within a range. If we’re in a global bull market, I want to be in leadership. I want to be in stocks that are breaking higher.”\nOf the FAANG stocks, “that leaves us with Facebook and Alphabet,” said O’Hara.\n“When I dive into those two names, I think Facebook offers an attractive entry point right here,” he said. “It pulled back right to the old breakout spot, which to me says everybody who missed the initial breakout, we have a second opportunity right here to jump back in.”\n\nO’Hara expected the stock — which closed nearly 2% lower at $296.52 on Thursday — to rebound around the $300 level and eventually reach $340 a share, roughly 14% above its current levels.\n“I want to be in leadership,” he said. “I want to be in names that have already broken 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rebound!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372524476","repostId":1176897400,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4120430,"gmtCreate":1619241253369,"gmtModify":1680785387826,"authorId":3574327149519440,"author":{"id":3574327149519440,"authorId":3574327149519440,"name":"Joanne1135","avatar":"https://static.tigerbbs.com/5904dcff1de1f030ce21934cc218d4ac","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":372524476,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":19,"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; 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