Apple Stock: Time to Buy the Dip?

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Apple Stock: Time to Buy the Dip?

Motley Fool2023-09-13

KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors...

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Ramtin
·2023-09-14
As much as china ban apple, it's going much popular. Also apple targeted India's market by producing its products in India. So, definitely apple will raise again.
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claws
·2023-09-13
I think it's a bit optimistic to think the ban in china wont spread to more of a consumer boycott among the more nationalist leaning population, especially since Huawei really does make very good products
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Jurong East
·2023-09-13
Apple is still on the high side in my opinion. I will consider buying apple at around 154
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The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China's move to ban iPhones at some of its central government agencies.Is the stock's slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock's decline has gone too far, presenting an attractive buying opportunity.The path to $215Morgan Stanley analyst Erik Woodring was the market's bold contrarian last week. Following a two-day 6% slide in the iPhone maker's stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.The timely note to investors is notable both for its contrarian view and the significant upside that's implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn't new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple's business in the market is central to the country's economy.Apple's main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.These facts only scratch the surface of Apple's importance in the country. The company's third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it's always a risk worth keeping an eye on.Looking beyond this concern, Morgan Stanley's $215 price target is also based on the analyst's optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there's pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.A premium valuation for a quality companyWhile Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the S&P 500's 16% gain by more than 20 percentage points. This means that even after the stock's pullback, it is still trading at a premium price-to-earnings multiple of 30.But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&P 500, despite its already gargantuan size. While there's no way to know where the bottom of this pullback is, shares look like a good long-term investment.","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":219655530242048,"gmtCreate":1694646061870,"gmtModify":1694646066724,"author":{"id":"4148272534746172","authorId":"4148272534746172","name":"Ramtin","avatar":"https://community-static.tradeup.com/news/9667c6c075165296371af8ddbd92dae1","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4148272534746172","authorIdStr":"4148272534746172"},"htmlText":"As much as china ban apple, it's going much popular. Also apple targeted India's market by producing its products in India. So, definitely apple will raise&nbsp;again.","listText":"As much as china ban apple, it's going much popular. Also apple targeted India's market by producing its products in India. So, definitely apple will raise&nbsp;again.","text":"As much as china ban apple, it's going much popular. Also apple targeted India's market by producing its products in India. So, definitely apple will raise again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219655530242048","repostId":2366584878,"repostType":4,"repost":{"id":"2366584878","kind":"highlight","pubTimestamp":1694574072,"share":"https://ttm.financial/m/news/2366584878?lang=&edition=fundamental","pubTime":"2023-09-13 11:01","market":"us","language":"en","title":"Apple Stock: Time to Buy the Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=2366584878","media":"Motley Fool","summary":"Shares slid 6% in just two days last week.","content":"<html><head></head><body><h2 id=\"id_3121620821\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>Despite the stock&#39;s recent pullback, shares are still crushing the market this year.</p></li><li><p>One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.</p></li><li><p>Investors were spooked last week when China announced bans on iPhone use at some central government agencies.</p></li></ul><p>Shares of <strong>Apple</strong> have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China&#39;s move to ban iPhones at some of its central government agencies.</p><p>Is the stock&#39;s slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock&#39;s decline has gone too far, presenting an attractive buying opportunity.</p><h2 id=\"id_4144610582\">The path to $215</h2><p><strong>Morgan Stanley</strong> analyst Erik Woodring was the market&#39;s bold contrarian last week. Following a two-day 6% slide in the iPhone maker&#39;s stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.</p><p>The timely note to investors is notable both for its contrarian view and the significant upside that&#39;s implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.</p><p>To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn&#39;t new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple&#39;s business in the market is central to the country&#39;s economy.</p><p>Apple&#39;s main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.</p><p>These facts only scratch the surface of Apple&#39;s importance in the country. The company&#39;s third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.</p><p>Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it&#39;s always a risk worth keeping an eye on.</p><p>Looking beyond this concern, Morgan Stanley&#39;s $215 price target is also based on the analyst&#39;s optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there&#39;s pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.</p><h2 id=\"id_3891342002\">A premium valuation for a quality company</h2><p>While Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the <strong>S&amp;P 500</strong>&#39;s 16% gain by more than 20 percentage points. This means that even after the stock&#39;s pullback, it is still trading at a premium price-to-earnings multiple of 30.</p><p>But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&amp;P 500, despite its already gargantuan size. While there&#39;s no way to know where the bottom of this pullback is, shares look like a good long-term investment.</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: Time to Buy the Dip?</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: Time to Buy the Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-13 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4550":"红杉资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4588":"碎股","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","BK4512":"苹果概念","LU0971096721.USD":"富达环球金融服务 A","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","AAPL":"苹果","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4515":"5G概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU0072462426.USD":"贝莱德全球配置 A2","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4571":"数字音乐概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓","BK4507":"流媒体概念","BK4576":"AR","LU0056508442.USD":"贝莱德世界科技基金A2","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4566":"资本集团","BK4575":"芯片概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4501":"段永平概念"},"source_url":"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2366584878","content_text":"KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors were spooked last week when China announced bans on iPhone use at some central government agencies.Shares of Apple have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China's move to ban iPhones at some of its central government agencies.Is the stock's slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock's decline has gone too far, presenting an attractive buying opportunity.The path to $215Morgan Stanley analyst Erik Woodring was the market's bold contrarian last week. Following a two-day 6% slide in the iPhone maker's stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.The timely note to investors is notable both for its contrarian view and the significant upside that's implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn't new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple's business in the market is central to the country's economy.Apple's main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.These facts only scratch the surface of Apple's importance in the country. The company's third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it's always a risk worth keeping an eye on.Looking beyond this concern, Morgan Stanley's $215 price target is also based on the analyst's optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there's pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.A premium valuation for a quality companyWhile Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the S&P 500's 16% gain by more than 20 percentage points. This means that even after the stock's pullback, it is still trading at a premium price-to-earnings multiple of 30.But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&P 500, despite its already gargantuan size. While there's no way to know where the bottom of this pullback is, shares look like a good long-term investment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":219435922710536,"gmtCreate":1694592641378,"gmtModify":1694593173261,"author":{"id":"4112361654203942","authorId":"4112361654203942","name":"claws","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4112361654203942","authorIdStr":"4112361654203942"},"htmlText":"I think it's a bit optimistic to think the ban in china wont spread to more of a consumer boycott among the more nationalist leaning population, especially since Huawei really does make very good products&nbsp;","listText":"I think it's a bit optimistic to think the ban in china wont spread to more of a consumer boycott among the more nationalist leaning population, especially since Huawei really does make very good products&nbsp;","text":"I think it's a bit optimistic to think the ban in china wont spread to more of a consumer boycott among the more nationalist leaning population, especially since Huawei really does make very good products","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219435922710536","repostId":2366584878,"repostType":2,"repost":{"id":"2366584878","kind":"highlight","pubTimestamp":1694574072,"share":"https://ttm.financial/m/news/2366584878?lang=&edition=fundamental","pubTime":"2023-09-13 11:01","market":"us","language":"en","title":"Apple Stock: Time to Buy the Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=2366584878","media":"Motley Fool","summary":"Shares slid 6% in just two days last week.","content":"<html><head></head><body><h2 id=\"id_3121620821\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>Despite the stock&#39;s recent pullback, shares are still crushing the market this year.</p></li><li><p>One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.</p></li><li><p>Investors were spooked last week when China announced bans on iPhone use at some central government agencies.</p></li></ul><p>Shares of <strong>Apple</strong> have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China&#39;s move to ban iPhones at some of its central government agencies.</p><p>Is the stock&#39;s slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock&#39;s decline has gone too far, presenting an attractive buying opportunity.</p><h2 id=\"id_4144610582\">The path to $215</h2><p><strong>Morgan Stanley</strong> analyst Erik Woodring was the market&#39;s bold contrarian last week. Following a two-day 6% slide in the iPhone maker&#39;s stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.</p><p>The timely note to investors is notable both for its contrarian view and the significant upside that&#39;s implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.</p><p>To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn&#39;t new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple&#39;s business in the market is central to the country&#39;s economy.</p><p>Apple&#39;s main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.</p><p>These facts only scratch the surface of Apple&#39;s importance in the country. The company&#39;s third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.</p><p>Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it&#39;s always a risk worth keeping an eye on.</p><p>Looking beyond this concern, Morgan Stanley&#39;s $215 price target is also based on the analyst&#39;s optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there&#39;s pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.</p><h2 id=\"id_3891342002\">A premium valuation for a quality company</h2><p>While Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the <strong>S&amp;P 500</strong>&#39;s 16% gain by more than 20 percentage points. This means that even after the stock&#39;s pullback, it is still trading at a premium price-to-earnings multiple of 30.</p><p>But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&amp;P 500, despite its already gargantuan size. While there&#39;s no way to know where the bottom of this pullback is, shares look like a good long-term investment.</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: Time to Buy the Dip?</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: Time to Buy the Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-13 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4550":"红杉资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4588":"碎股","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","BK4512":"苹果概念","LU0971096721.USD":"富达环球金融服务 A","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","AAPL":"苹果","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4515":"5G概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU0072462426.USD":"贝莱德全球配置 A2","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4571":"数字音乐概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓","BK4507":"流媒体概念","BK4576":"AR","LU0056508442.USD":"贝莱德世界科技基金A2","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4566":"资本集团","BK4575":"芯片概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4501":"段永平概念"},"source_url":"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2366584878","content_text":"KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors were spooked last week when China announced bans on iPhone use at some central government agencies.Shares of Apple have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China's move to ban iPhones at some of its central government agencies.Is the stock's slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock's decline has gone too far, presenting an attractive buying opportunity.The path to $215Morgan Stanley analyst Erik Woodring was the market's bold contrarian last week. Following a two-day 6% slide in the iPhone maker's stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.The timely note to investors is notable both for its contrarian view and the significant upside that's implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn't new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple's business in the market is central to the country's economy.Apple's main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.These facts only scratch the surface of Apple's importance in the country. The company's third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it's always a risk worth keeping an eye on.Looking beyond this concern, Morgan Stanley's $215 price target is also based on the analyst's optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there's pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.A premium valuation for a quality companyWhile Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the S&P 500's 16% gain by more than 20 percentage points. This means that even after the stock's pullback, it is still trading at a premium price-to-earnings multiple of 30.But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&P 500, despite its already gargantuan size. While there's no way to know where the bottom of this pullback is, shares look like a good long-term investment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":219367712088176,"gmtCreate":1694582454006,"gmtModify":1694582459897,"author":{"id":"4123391055284652","authorId":"4123391055284652","name":"Jurong East","avatar":"https://community-static.tradeup.com/news/4a21df2b1ba6aaa4b6a8059f0e4c4dec","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"4123391055284652","authorIdStr":"4123391055284652"},"htmlText":"Apple is still on the high side in my opinion. I will consider buying apple at around 154","listText":"Apple is still on the high side in my opinion. I will consider buying apple at around 154","text":"Apple is still on the high side in my opinion. I will consider buying apple at around 154","images":[{"img":"https://community-static.tradeup.com/news/7502d65f371050734d647b2038125e8e"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/219367712088176","repostId":2366584878,"repostType":4,"repost":{"id":"2366584878","kind":"highlight","pubTimestamp":1694574072,"share":"https://ttm.financial/m/news/2366584878?lang=&edition=fundamental","pubTime":"2023-09-13 11:01","market":"us","language":"en","title":"Apple Stock: Time to Buy the Dip?","url":"https://stock-news.laohu8.com/highlight/detail?id=2366584878","media":"Motley Fool","summary":"Shares slid 6% in just two days last week.","content":"<html><head></head><body><h2 id=\"id_3121620821\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>Despite the stock&#39;s recent pullback, shares are still crushing the market this year.</p></li><li><p>One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.</p></li><li><p>Investors were spooked last week when China announced bans on iPhone use at some central government agencies.</p></li></ul><p>Shares of <strong>Apple</strong> have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China&#39;s move to ban iPhones at some of its central government agencies.</p><p>Is the stock&#39;s slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock&#39;s decline has gone too far, presenting an attractive buying opportunity.</p><h2 id=\"id_4144610582\">The path to $215</h2><p><strong>Morgan Stanley</strong> analyst Erik Woodring was the market&#39;s bold contrarian last week. Following a two-day 6% slide in the iPhone maker&#39;s stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.</p><p>The timely note to investors is notable both for its contrarian view and the significant upside that&#39;s implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.</p><p>To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn&#39;t new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple&#39;s business in the market is central to the country&#39;s economy.</p><p>Apple&#39;s main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.</p><p>These facts only scratch the surface of Apple&#39;s importance in the country. The company&#39;s third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.</p><p>Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it&#39;s always a risk worth keeping an eye on.</p><p>Looking beyond this concern, Morgan Stanley&#39;s $215 price target is also based on the analyst&#39;s optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there&#39;s pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.</p><h2 id=\"id_3891342002\">A premium valuation for a quality company</h2><p>While Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the <strong>S&amp;P 500</strong>&#39;s 16% gain by more than 20 percentage points. This means that even after the stock&#39;s pullback, it is still trading at a premium price-to-earnings multiple of 30.</p><p>But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&amp;P 500, despite its already gargantuan size. While there&#39;s no way to know where the bottom of this pullback is, shares look like a good long-term investment.</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: Time to Buy the Dip?</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: Time to Buy the Dip?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-13 11:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4579":"人工智能","BK4550":"红杉资本持仓","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU1363072403.SGD":"Fidelity Global Financial Services A-ACC-SGD","BK4588":"碎股","LU0011850046.USD":"贝莱德全球长线股票 A2 USD","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0511384066.AUD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (AUDHDG) ACC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","BK4512":"苹果概念","LU0971096721.USD":"富达环球金融服务 A","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","LU1074936037.SGD":"JPMorgan Funds - US Value A (acc) SGD","LU0149725797.USD":"汇丰美国股市经济规模基金","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU1668664300.SGD":"Blackrock World Financials A2 SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","AAPL":"苹果","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4554":"元宇宙及AR概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4515":"5G概念","LU0238689110.USD":"贝莱德环球动力股票基金","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","LU0072462426.USD":"贝莱德全球配置 A2","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4571":"数字音乐概念","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4585":"ETF&股票定投概念","BK4559":"巴菲特持仓","BK4507":"流媒体概念","BK4576":"AR","LU0056508442.USD":"贝莱德世界科技基金A2","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","LU0080751232.USD":"富达环球多元动力基金A","BK4566":"资本集团","BK4575":"芯片概念","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0109392836.USD":"富兰克林科技股A","BK4501":"段永平概念"},"source_url":"https://www.fool.com/investing/2023/09/12/apple-stock-time-to-buy-the-dip/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2366584878","content_text":"KEY POINTSDespite the stock's recent pullback, shares are still crushing the market this year.One analyst thinks shares of the iPhone maker could soar as high as $215 over the next 12 months.Investors were spooked last week when China announced bans on iPhone use at some central government agencies.Shares of Apple have taken a big hit in recent weeks, pulling back about 9% since Aug. 1. The decline is likely due to a combination of factors, including shares taking a breather after a huge run-up this year and concerns about China's move to ban iPhones at some of its central government agencies.Is the stock's slide a buying opportunity or a red flag signaling underlying problems that could be bad news for investors? One analyst is telling investors this week that the stock's decline has gone too far, presenting an attractive buying opportunity.The path to $215Morgan Stanley analyst Erik Woodring was the market's bold contrarian last week. Following a two-day 6% slide in the iPhone maker's stock as investors worried that the ban of iPhones at some central government agencies could be expanded, the analyst reiterated a $215 price target for the stock and said its pullback on China worries had been overdone.The timely note to investors is notable both for its contrarian view and the significant upside that's implied by the price target for the tech stock. The $215 12-month price target would translate to a gain of about 20% -- and that would be on top of a 38% year-to-date gain.To back his contrarian view, Woodring emphasized that the risk of China becoming more nationalistic toward Apple isn't new. Furthermore, the analyst says that banning the iPhone would be an unwise move for the country since Apple's business in the market is central to the country's economy.Apple's main iPhone supplier, Foxconn, actually earns most of its revenue from assets in China, employing hundreds of thousands of people in the country. In addition, there are about 50 Apple stores in China, located in important areas with high foot traffic.These facts only scratch the surface of Apple's importance in the country. The company's third-party app store, for instance, supports small businesses all over the world, including developers in China; and its supply chain is sprawling and global, including many different suppliers with employees in China.Woodring is probably right: A nationwide ban on iPhones in the important market is unlikely. Of course, it's always a risk worth keeping an eye on.Looking beyond this concern, Morgan Stanley's $215 price target is also based on the analyst's optimistic expectations for the new iPhone models expected to be launched this week. Woodring believes there's pent-up demand for the latest version that could drive a better-than-expected upgrade cycle from consumers.A premium valuation for a quality companyWhile Woodring might be the contrarian in the short term, bullishness toward Apple stock is nothing new in the span of the last eight months. Shares have surged this year, crushing the S&P 500's 16% gain by more than 20 percentage points. This means that even after the stock's pullback, it is still trading at a premium price-to-earnings multiple of 30.But shares are worth paying up for. With a net cash position on its balance sheet of $57 billion, around $100 billion in annual free cash flow, prudent capital allocation, a loyal customer base, and a long history of successfully bringing new products and entirely new product categories to market, Apple is arguably among the most attractive stocks in the S&P 500, despite its already gargantuan size. While there's no way to know where the bottom of this pullback is, shares look like a good long-term investment.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":16,"commentSize":3,"repostSize":2,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}