🟢 $Apple(AAPL)$View on Apple(AAPL) APPLE IS A SAFE HAVEN AMID THE STOCK MARKET COLLAPSE - TECH INVESTOR GENE MUNSTER
According to investor Gene Munster, tech stocks have fallen sharply this year, but Apple is behaving like a safe haven in the face of turbulence.
While the high-tech Nasdaq has fallen by 28% over the year, and such big names as $META Meta (banned in Russia) and $NFLX Netflix have fallen by about 60%, Apple has fallen by only 15% since the beginning of the year.
”Basically, they're fine with their products,“ Munster, founder and managing partner of Loup Ventures, said on CNBC's "Squawk Box.“ "Over the last day, we checked the demand for the iPhone in eight countries by delivery dates. They continue to rise.”
While tech stocks have risen strongly in 2022, Munster predicts that 2023 will be a great year for technology. He expects to invest more money in this sector in the next few months to lock in this future growth potential.
“If you have the opportunity to own some of these techs for more than a year, these are great opportunities.”
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