Apple: Be Careful, There's A Lot More Downside Risk

Seekingalpha2022-05-20

SummaryApple is a fundamentally strong company that will generate some business growth in the coming years.The huge baseline means that relative growth won't be too strong, and at the same time, AAPL'...

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Comments

  • robot1234
    2022-05-21
    robot1234
    Tech stocks are mired in their longest weekly losing streak since dot-com bust. The Nasdaq dropped 3.8% this week, notching its seventh straight weekly drop.It’s the tech-heavy index’s longest weekly losing streak since 2001 during the dot-com bust.The Nasdaq is 29% off its record reached in November, while the S&P 500 briefly fell into bear market territory on Friday, down 20% from its high. Inflation, rising interest rates, the war in Ukraine and pandemic lockdowns in China are adding up to a disastrous market in general and a particularly brutal stretch for investors in technology and growth stocks, after historic rallies in recent years.
  • Steadyhoo
    2022-05-21
    Steadyhoo
    Read and digest
  • HardHatt
    2022-05-20
    HardHatt
    Ok won't eat the apple now
  • angskk
    2022-05-20
    angskk
    Pls like
  • Kwgan
    2022-05-20
    Kwgan
    K
  • Kwgan
    2022-05-20
    Kwgan
    K
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