Apple Stock: Headed to $220?

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Apple Stock: Headed to $220?

Motley Fool2023-08-02

KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, ...

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Longs
·2023-08-02
👌🏼🙏🏼
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Sunshinekim
·2023-08-02
Yup. Even higher.
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Andrewinho
·2023-08-02
👏👏👏
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SoonHua
·2023-08-02
I guess 235
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More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let's look closer at why Kumar is so upbeat about Apple shares to see if he's onto something.The path to $220In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company's fiscal third quarter, which Apple will report results for on Thursday. In Apple's fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China's economy continuing its reopening following strict COVID-19 policies that disrupted Apple's sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. Though given recent headlines in the media about China's recovery being slower than anticipated, some investors are worried about Apple's how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple's sales in the market may prove to be more resilient than anticipated.Going further, Kumar said that even if China sales do prove to be subpar, Apple's fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. \"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,\" the CEO added.Why Apple stock may still be a buyWhile the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.While it would be difficult to call Apple stock a bargain today, it's fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company's massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn't mean shareholders won't have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.","kind":"highlight","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":204502328488192,"gmtCreate":1690960561722,"gmtModify":1690960565088,"author":{"id":"4115290449563752","authorId":"4115290449563752","name":"Longs","avatar":"https://community-static.tradeup.com/news/824b5073731ab909a8d4e129caa8d995","vip":1,"crmLevel":6,"crmLevelSwitch":0,"authorIdStr":"4115290449563752","idStr":"4115290449563752"},"htmlText":"👌🏼🙏🏼","listText":"👌🏼🙏🏼","text":"👌🏼🙏🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204502328488192","repostId":2356538912,"repostType":2,"repost":{"id":"2356538912","kind":"highlight","pubTimestamp":1690939501,"share":"https://ttm.financial/m/news/2356538912?lang=&edition=fundamental","pubTime":"2023-08-02 09:25","market":"us","language":"en","title":"Apple Stock: Headed to $220?","url":"https://stock-news.laohu8.com/highlight/detail?id=2356538912","media":"Motley Fool","summary":"One analyst thinks China and India sales could be a bright spot in Apple's fiscal third-quarter earnings report this week.","content":"<html><head></head><body><h2 id=\"id_664539044\" style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple stock is up more than 50% already this year.</p></li><li><p>Piper Sandler analyst Harsh Kumar believes concerns about China&#39;s sales trends are overblown.</p></li><li><p>While shares of Apple certainly aren&#39;t cheap, they may be worth their premium valuation today.</p></li></ul><p>Despite already rising more than 50% this year, one analyst thinks shares of <strong>Apple</strong> have plenty of upside remaining over the next 12 months. More specifically, <strong>Piper Sandler</strong> analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.</p><p>Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let&#39;s look closer at why Kumar is so upbeat about Apple shares to see if he&#39;s onto something.</p><h2 id=\"id_1317728205\">The path to $220</h2><p>In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company&#39;s fiscal third quarter, which Apple will report results for on Thursday. </p><p>In Apple&#39;s fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China&#39;s economy continuing its reopening following strict COVID-19 policies that disrupted Apple&#39;s sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. </p><p>Though given recent headlines in the media about China&#39;s recovery being slower than anticipated, some investors are worried about Apple&#39;s how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple&#39;s sales in the market may prove to be more resilient than anticipated.</p><p>Going further, Kumar said that even if China sales do prove to be subpar, Apple&#39;s fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. &#34;There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,&#34; the CEO added.</p><h2 id=\"id_3141708899\">Why Apple stock may still be a buy</h2><p>While the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.</p><p>While it would be difficult to call Apple stock a bargain today, it&#39;s fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company&#39;s massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.</p><p>Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn&#39;t mean shareholders won&#39;t have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.</p></body></html>","source":"fool_stock","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>Apple Stock: Headed to $220?</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; 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}\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\">\nApple Stock: Headed to $220?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4512":"苹果概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4554":"元宇宙及AR概念","BK4515":"5G概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4553":"喜马拉雅资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4576":"AR","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4566":"资本集团","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4588":"碎股","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","AAPL":"苹果","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2356538912","content_text":"KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, they may be worth their premium valuation today.Despite already rising more than 50% this year, one analyst thinks shares of Apple have plenty of upside remaining over the next 12 months. More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let's look closer at why Kumar is so upbeat about Apple shares to see if he's onto something.The path to $220In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company's fiscal third quarter, which Apple will report results for on Thursday. In Apple's fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China's economy continuing its reopening following strict COVID-19 policies that disrupted Apple's sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. Though given recent headlines in the media about China's recovery being slower than anticipated, some investors are worried about Apple's how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple's sales in the market may prove to be more resilient than anticipated.Going further, Kumar said that even if China sales do prove to be subpar, Apple's fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. \"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,\" the CEO added.Why Apple stock may still be a buyWhile the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.While it would be difficult to call Apple stock a bargain today, it's fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company's massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn't mean shareholders won't have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":204472646365336,"gmtCreate":1690953434698,"gmtModify":1690953438488,"author":{"id":"4108879863251380","authorId":"4108879863251380","name":"Sunshinekim","avatar":"https://community-static.tradeup.com/news/4aa06f704f2b302b4af731a1567add49","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":6,"crmLevelSwitch":1,"authorIdStr":"4108879863251380","idStr":"4108879863251380"},"htmlText":"Yup. &nbsp;Even higher.&nbsp;","listText":"Yup. &nbsp;Even higher.&nbsp;","text":"Yup. Even higher.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204472646365336","repostId":2356538912,"repostType":4,"repost":{"id":"2356538912","kind":"highlight","pubTimestamp":1690939501,"share":"https://ttm.financial/m/news/2356538912?lang=&edition=fundamental","pubTime":"2023-08-02 09:25","market":"us","language":"en","title":"Apple Stock: Headed to $220?","url":"https://stock-news.laohu8.com/highlight/detail?id=2356538912","media":"Motley Fool","summary":"One analyst thinks China and India sales could be a bright spot in Apple's fiscal third-quarter earnings report this week.","content":"<html><head></head><body><h2 id=\"id_664539044\" style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple stock is up more than 50% already this year.</p></li><li><p>Piper Sandler analyst Harsh Kumar believes concerns about China&#39;s sales trends are overblown.</p></li><li><p>While shares of Apple certainly aren&#39;t cheap, they may be worth their premium valuation today.</p></li></ul><p>Despite already rising more than 50% this year, one analyst thinks shares of <strong>Apple</strong> have plenty of upside remaining over the next 12 months. More specifically, <strong>Piper Sandler</strong> analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.</p><p>Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let&#39;s look closer at why Kumar is so upbeat about Apple shares to see if he&#39;s onto something.</p><h2 id=\"id_1317728205\">The path to $220</h2><p>In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company&#39;s fiscal third quarter, which Apple will report results for on Thursday. </p><p>In Apple&#39;s fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China&#39;s economy continuing its reopening following strict COVID-19 policies that disrupted Apple&#39;s sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. </p><p>Though given recent headlines in the media about China&#39;s recovery being slower than anticipated, some investors are worried about Apple&#39;s how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple&#39;s sales in the market may prove to be more resilient than anticipated.</p><p>Going further, Kumar said that even if China sales do prove to be subpar, Apple&#39;s fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. &#34;There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,&#34; the CEO added.</p><h2 id=\"id_3141708899\">Why Apple stock may still be a buy</h2><p>While the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.</p><p>While it would be difficult to call Apple stock a bargain today, it&#39;s fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company&#39;s massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.</p><p>Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn&#39;t mean shareholders won&#39;t have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.</p></body></html>","source":"fool_stock","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>Apple Stock: Headed to $220?</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; 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}\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\">\nApple Stock: Headed to $220?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4512":"苹果概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4554":"元宇宙及AR概念","BK4515":"5G概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4553":"喜马拉雅资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4576":"AR","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4566":"资本集团","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4588":"碎股","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","AAPL":"苹果","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2356538912","content_text":"KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, they may be worth their premium valuation today.Despite already rising more than 50% this year, one analyst thinks shares of Apple have plenty of upside remaining over the next 12 months. More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let's look closer at why Kumar is so upbeat about Apple shares to see if he's onto something.The path to $220In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company's fiscal third quarter, which Apple will report results for on Thursday. In Apple's fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China's economy continuing its reopening following strict COVID-19 policies that disrupted Apple's sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. Though given recent headlines in the media about China's recovery being slower than anticipated, some investors are worried about Apple's how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple's sales in the market may prove to be more resilient than anticipated.Going further, Kumar said that even if China sales do prove to be subpar, Apple's fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. \"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,\" the CEO added.Why Apple stock may still be a buyWhile the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.While it would be difficult to call Apple stock a bargain today, it's fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company's massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn't mean shareholders won't have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":204472848039960,"gmtCreate":1690953348577,"gmtModify":1690953352118,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","vip":1,"crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3581563418944392","idStr":"3581563418944392"},"htmlText":"👏👏👏","listText":"👏👏👏","text":"👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204472848039960","repostId":2356538912,"repostType":2,"repost":{"id":"2356538912","kind":"highlight","pubTimestamp":1690939501,"share":"https://ttm.financial/m/news/2356538912?lang=&edition=fundamental","pubTime":"2023-08-02 09:25","market":"us","language":"en","title":"Apple Stock: Headed to $220?","url":"https://stock-news.laohu8.com/highlight/detail?id=2356538912","media":"Motley Fool","summary":"One analyst thinks China and India sales could be a bright spot in Apple's fiscal third-quarter earnings report this week.","content":"<html><head></head><body><h2 id=\"id_664539044\" style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple stock is up more than 50% already this year.</p></li><li><p>Piper Sandler analyst Harsh Kumar believes concerns about China&#39;s sales trends are overblown.</p></li><li><p>While shares of Apple certainly aren&#39;t cheap, they may be worth their premium valuation today.</p></li></ul><p>Despite already rising more than 50% this year, one analyst thinks shares of <strong>Apple</strong> have plenty of upside remaining over the next 12 months. More specifically, <strong>Piper Sandler</strong> analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.</p><p>Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let&#39;s look closer at why Kumar is so upbeat about Apple shares to see if he&#39;s onto something.</p><h2 id=\"id_1317728205\">The path to $220</h2><p>In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company&#39;s fiscal third quarter, which Apple will report results for on Thursday. </p><p>In Apple&#39;s fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China&#39;s economy continuing its reopening following strict COVID-19 policies that disrupted Apple&#39;s sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. </p><p>Though given recent headlines in the media about China&#39;s recovery being slower than anticipated, some investors are worried about Apple&#39;s how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple&#39;s sales in the market may prove to be more resilient than anticipated.</p><p>Going further, Kumar said that even if China sales do prove to be subpar, Apple&#39;s fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. &#34;There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,&#34; the CEO added.</p><h2 id=\"id_3141708899\">Why Apple stock may still be a buy</h2><p>While the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.</p><p>While it would be difficult to call Apple stock a bargain today, it&#39;s fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company&#39;s massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.</p><p>Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn&#39;t mean shareholders won&#39;t have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.</p></body></html>","source":"fool_stock","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>Apple Stock: Headed to $220?</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; 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}\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\">\nApple Stock: Headed to $220?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4512":"苹果概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4554":"元宇宙及AR概念","BK4515":"5G概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4553":"喜马拉雅资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4576":"AR","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4566":"资本集团","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4588":"碎股","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","AAPL":"苹果","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2356538912","content_text":"KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, they may be worth their premium valuation today.Despite already rising more than 50% this year, one analyst thinks shares of Apple have plenty of upside remaining over the next 12 months. More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let's look closer at why Kumar is so upbeat about Apple shares to see if he's onto something.The path to $220In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company's fiscal third quarter, which Apple will report results for on Thursday. In Apple's fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China's economy continuing its reopening following strict COVID-19 policies that disrupted Apple's sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. Though given recent headlines in the media about China's recovery being slower than anticipated, some investors are worried about Apple's how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple's sales in the market may prove to be more resilient than anticipated.Going further, Kumar said that even if China sales do prove to be subpar, Apple's fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. \"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,\" the CEO added.Why Apple stock may still be a buyWhile the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.While it would be difficult to call Apple stock a bargain today, it's fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company's massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn't mean shareholders won't have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":204471014269120,"gmtCreate":1690953052089,"gmtModify":1690953055510,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://community-static.tradeup.com/news/1e291b2d9179f759f0dd15dfc8aa2240","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":9,"crmLevelSwitch":1,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"htmlText":"I guess 235","listText":"I guess 235","text":"I guess 235","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/204471014269120","repostId":2356538912,"repostType":2,"repost":{"id":"2356538912","kind":"highlight","pubTimestamp":1690939501,"share":"https://ttm.financial/m/news/2356538912?lang=&edition=fundamental","pubTime":"2023-08-02 09:25","market":"us","language":"en","title":"Apple Stock: Headed to $220?","url":"https://stock-news.laohu8.com/highlight/detail?id=2356538912","media":"Motley Fool","summary":"One analyst thinks China and India sales could be a bright spot in Apple's fiscal third-quarter earnings report this week.","content":"<html><head></head><body><h2 id=\"id_664539044\" style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple stock is up more than 50% already this year.</p></li><li><p>Piper Sandler analyst Harsh Kumar believes concerns about China&#39;s sales trends are overblown.</p></li><li><p>While shares of Apple certainly aren&#39;t cheap, they may be worth their premium valuation today.</p></li></ul><p>Despite already rising more than 50% this year, one analyst thinks shares of <strong>Apple</strong> have plenty of upside remaining over the next 12 months. More specifically, <strong>Piper Sandler</strong> analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.</p><p>Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let&#39;s look closer at why Kumar is so upbeat about Apple shares to see if he&#39;s onto something.</p><h2 id=\"id_1317728205\">The path to $220</h2><p>In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company&#39;s fiscal third quarter, which Apple will report results for on Thursday. </p><p>In Apple&#39;s fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China&#39;s economy continuing its reopening following strict COVID-19 policies that disrupted Apple&#39;s sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. </p><p>Though given recent headlines in the media about China&#39;s recovery being slower than anticipated, some investors are worried about Apple&#39;s how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple&#39;s sales in the market may prove to be more resilient than anticipated.</p><p>Going further, Kumar said that even if China sales do prove to be subpar, Apple&#39;s fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. &#34;There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,&#34; the CEO added.</p><h2 id=\"id_3141708899\">Why Apple stock may still be a buy</h2><p>While the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.</p><p>While it would be difficult to call Apple stock a bargain today, it&#39;s fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company&#39;s massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.</p><p>Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn&#39;t mean shareholders won&#39;t have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.</p></body></html>","source":"fool_stock","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>Apple Stock: Headed to $220?</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; 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}\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\">\nApple Stock: Headed to $220?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-02 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4512":"苹果概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0072462426.USD":"贝莱德全球配置 A2","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU0080751232.USD":"富达环球多元动力基金A","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4554":"元宇宙及AR概念","BK4515":"5G概念","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU0109392836.USD":"富兰克林科技股A","BK4553":"喜马拉雅资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","BK4507":"流媒体概念","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","BK4576":"AR","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4566":"资本集团","LU0097036916.USD":"贝莱德美国增长A2 USD","BK4575":"芯片概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4559":"巴菲特持仓","BK4501":"段永平概念","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4588":"碎股","LU0149725797.USD":"汇丰美国股市经济规模基金","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","AAPL":"苹果","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC"},"source_url":"https://www.fool.com/investing/2023/08/01/apple-stock-headed-to-220/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2356538912","content_text":"KEY POINTSApple stock is up more than 50% already this year.Piper Sandler analyst Harsh Kumar believes concerns about China's sales trends are overblown.While shares of Apple certainly aren't cheap, they may be worth their premium valuation today.Despite already rising more than 50% this year, one analyst thinks shares of Apple have plenty of upside remaining over the next 12 months. More specifically, Piper Sandler analyst Harsh Kumar thinks the stock can get to $220 during this period. This price target would translate to about 12% upside for the stock, on top of an already impressive gain since Jan. 1.Is Apple stock really a good buy today, despite its staggering first seven months of 2023? Let's look closer at why Kumar is so upbeat about Apple shares to see if he's onto something.The path to $220In a note to investors this week, Kumar said that he is raising his 12-month price target on Apple stock from $180 to $220. Supporting his view, he believes iPhone sales in China could be notable for the tech company's fiscal third quarter, which Apple will report results for on Thursday. In Apple's fiscal second-quarter earnings call, CEO Tim Cook noted that even though the company reported a 3% year-over-year decline in Greater China revenue during the period, sales in the market were up year-over-year on a constant-currency basis. In addition, year-over-year sales trends for the quarter improved compared to the three months ending in December 2022. With China's economy continuing its reopening following strict COVID-19 policies that disrupted Apple's sales, further improvement is possible in fiscal Q2. Regarding iPhone sales trends specifically, Cook cited third-party data that estimated iPhone models to account for four of the top-selling smartphones in urban China. So Apple is certainly well-positioned in the market. Though given recent headlines in the media about China's recovery being slower than anticipated, some investors are worried about Apple's how Greater China sales may have fared during fiscal Q3. But Kumar seems convinced that Apple's sales in the market may prove to be more resilient than anticipated.Going further, Kumar said that even if China sales do prove to be subpar, Apple's fast-growing sales in India could offset this weakness. To this end, Apple sales in India grew at a strong double-digit growth rate during fiscal Q2, Cook noted. \"There are a lot of people coming into the middle class, and I really feel that India is at a tipping point,\" the CEO added.Why Apple stock may still be a buyWhile the analyst has some good points about China sales potentially being more resilient than anticipated and India serving as a timely catalyst for the iPhone maker, the bigger question is whether or not Apple stock is truly a good buy at 33 times earnings -- the premium valuation the stock is trading at today.While it would be difficult to call Apple stock a bargain today, it's fair to say that an investor who buys the stock today has a decent chance of making out reasonably well over the long haul. The tech giant has spent decades building a powerful hardware, software, and services ecosystem and a loyal customer base. Further, with an exceptional balance sheet boasting more cash than debt, and a cash flow statement showing off annual free cash flow of around $100 billion, Apple can continue investing heavily in maintaining its attractive positioning with consumers through product innovation, new services, and constant improvement of its existing software and services. Ultimately, the company's massive scale and loyal customer base combine to give it a competitive advantage that should help the company continue growing earnings for years to come.Even as Apple stock approaches $200, shares arguably still appear attractive. Of course, this doesn't mean shareholders won't have to endure bumpy ride with occasional large drawdowns in the stock price. Of course, despite these reasons to be bullish, investors should do their own due diligence to decide for themselves whether or not they think the stock is a buy.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":32,"commentSize":4,"repostSize":3,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}