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Reflections on My First Month in the Trading Competition
Participating in a trading competition has been an exhilarating experience, offering me an opportunity to put my financial acumen to the test. As I reflect on the first month of the competition, I am filled with a mix of satisfaction and determination. While I may not have secured a spot in the top 3 within my team, I have gained valuable insights and lessons that will shape my approach in the months to come. Lessons Learned Throughout the first month of the competition, I learned several valuable lessons that have contributed to my growth as a trader. Firstly, I realized the importance of thorough research and analysis before making investment decisions. While some of my trades yielded positive returns, others fell short due to a lack of comprehensive understanding of the market dynamics
Unveiling Apple's Long-Term Potential: A Bullish Journey into Innovation and Growth
Microsoft $Microsoft(MSFT)$ has reclaimed the position of the world's most valuable public company from Apple $Apple(AAPL)$ , with its stock rallying due to recent AI announcements. Apple faces concerns about iPhone sales in China and potential weaknesses in iPhone 15 sales, resulting in downgrades by rating firms and a significant reduction of around $162 billion in market capitalization in 2024 alone. Microsoft is now the most valuable firm Presently, Apple faces a bearish outlook for the upcoming quarters in 2024. Concerns loom over its anticipated performance in terms of revenue and developments, raising questions about whether Apple is currently an unfavorable stock and if it ha
To answer your question, in 2024, the winner is likely to be Microsoft $Microsoft(MSFT)$ . Why? Because it is better priced now and has better valuation. Microsoft will push the AI and tech industry in 2024. The same may not be said for Apple $Apple(AAPL)$ . Amidst the patent lawsuits and poor iPhone revenue, there are a lot of concerns regarding Apple's performance in the next few quarters. At this current timeframe, Microsoft is a better buy than Apple. However, to put further weight on the question, who is the true winner? In the long term? That question may not be answerable. Simply put, maybe both companies will be the "winners". We have seen how both companies have done tremendously well in the pa
$Apple(AAPL)$ has been doing well on the whole for the past years. Declining iPhone sales is a serious worry but Apple has ventured into many new projects that have compensated for the falling iPhone revenue. This diversification has very good returns on Apple and as of now I do not see why Tim Cook would fail this year.
@Tiger_chat:🎁Advance Bet: Will Tim Cook's 2024 Revenue Rise or Fall?