Apple Stock: Should Investors Be Worried?

Nasdaq01-05

It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who ...

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adrianyeo
·01-05
finally a good article but then again swing traders will sell when they gotta sell
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That isn’t particularly surprising, though. Just about everyone who ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0353189763.USD","symbol_name":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","start_time":0,"source_url":"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried","article_id":"2400313269","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2400313269","pubTimestamp":1704456000,"sourceInfo":{"source_id":"lsy1603171495471","name":"Nasdaq"},"weMediaInfo":null,"summary":"Apple (AAPL) Stock: Should Investors Be Worried?","collect":0,"end_time":0,"defaultTopTitle":"nasdaq.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4576":"AR","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","BK4566":"资本集团","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4575":"芯片概念","BK4211":"区域性银行","AAPL":"苹果","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4559":"巴菲特持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4527":"明星科技股","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4501":"段永平概念","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4550":"红杉资本持仓","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4574":"无人驾驶","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","BK4505":"高瓴资本持仓","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","BK4512":"苹果概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0109391861.USD":"富兰克林美国机遇基金A Acc","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0082616367.USD":"摩根大通美国科技A（dist）","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","LU0109392836.USD":"富兰克林科技股A"},"translate_title":"苹果股票：投资者应该担心吗？","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AAPL":1},"content_text":"It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.CREDIT: SHUTTERSTOCK PHOTOIt has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.The question is why might they be looking to sell?There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I've heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.","kind":null,"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":0},"commentList":[{"id":259874554249272,"gmtCreate":1704456282558,"gmtModify":1704461620127,"author":{"id":"4111292551867922","authorId":"4111292551867922","name":"adrianyeo","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":1,"authorIdStr":"4111292551867922","idStr":"4111292551867922"},"htmlText":"finally a good article but then again swing traders will sell when they gotta sell","listText":"finally a good article but then again swing traders will sell when they gotta sell","text":"finally a good article but then again swing traders will sell when they gotta sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259874554249272","repostId":2400313269,"repostType":2,"repost":{"id":"2400313269","pubTimestamp":1704456000,"share":"https://ttm.financial/m/news/2400313269?lang=&edition=fundamental","pubTime":"2024-01-05 20:00","market":"us","language":"en","title":"Apple Stock: Should Investors Be Worried?","url":"https://stock-news.laohu8.com/highlight/detail?id=2400313269","media":"Nasdaq","summary":"Apple (AAPL) Stock: Should Investors Be Worried?","content":"<html><head></head><body><p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c485f272ff5036d3d2e1ee59f20384ef\" alt=\"CREDIT: SHUTTERSTOCK PHOTO\" title=\"CREDIT: SHUTTERSTOCK PHOTO\" tg-width=\"1680\" tg-height=\"852\"/><span>CREDIT: SHUTTERSTOCK PHOTO</span></p><p>It has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.</p><p>Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.</p><p style=\"text-align: start;\">The question is why might they be looking to sell?</p><p style=\"text-align: start;\">There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.</p><p style=\"text-align: start;\">The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.</p><p>In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I&#39;ve heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.</p></body></html>","source":"lsy1603171495471","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: Should Investors Be Worried?</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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\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: Should Investors Be Worried?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-01-05 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","AAPL":"苹果","BK4505":"高瓴资本持仓","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4512":"苹果概念","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0456855351.SGD":"JPMorgan Funds - Global Equity A (acc) SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0072462426.USD":"贝莱德全球配置 A2","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4571":"数字音乐概念","BK4507":"流媒体概念","BK4576":"AR","LU0109392836.USD":"富兰克林科技股A","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4575":"芯片概念","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","BK4211":"区域性银行","BK4566":"资本集团","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","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4501":"段永平概念","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4550":"红杉资本持仓","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4574":"无人驾驶"},"source_url":"https://www.nasdaq.com/articles/apple-aapl-stock-should-investors-be-worried","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2400313269","content_text":"It is rare to start a piece with a disclaimer, but before I go any further, I should make it clear that I own Apple (AAPL) stock. That isn’t particularly surprising, though. Just about everyone who owns equities does, whether through a large cap growth fund or an index ETF. I also have a long-term position in the individual stock, which not everybody has, but the fact that the price of AAPL affects just about every investor to some extent makes it worrying when we see the kind of drop that we have witnessed to start this year. As worrying as it is right now, though, it is hardly surprising, nor is it something that is likely to continue for any significant length of time.CREDIT: SHUTTERSTOCK PHOTOIt has come about largely because of a couple of downgrades by Wall Street analysts. Piper Sandler cut its rating to neutral from overweight on Thursday, following a cut to underweight from Barclays on Wednesday. Neither of those names is massively influential, of course, and Barclays for one has been wrong on AAPL for some time. They had maintained a price target for the stock of $161, a level not seen since March of 2023, so I’m not sure why anyone is paying that much attention to them cutting that price target by a whole dollar to $160.Still, the fact is that the well-publicized downgrades seem to have prompted a roughly five percent drop in the stock over the last couple of days. That kind of move in a mega-cap stock can only come when institutional investors sell, but it is unlikely that the big boys, who all have their own research teams, care much about what Piper Sandler or Barclays think. However, if they were already looking to sell for some reason, reports of a downgrade by anyone would get a reaction, and that is what seems to be happening here.The question is why might they be looking to sell?There are two possible reasons for that. It could be because they believe the outlook for Apple has changed significantly, but that isn’t really the case. iPhone sales have been flat for a while, but last year’s optimism about Apple was about projections, not current sales. What hasn’t changed is that there is one thing that will drive growth over the next few years: AI. Apple does not have a great direct AI product at this point, but that isn’t the point. What they do have is the world’s most popular mobile device and a loyal customer base. If history is our guide, AI will be in the mobile space before long, and that will mean a need for product upgrades for most Apple users. Given that, a flat period of sales for iPhones is probably more about pent up demand than saturation or stalling overall growth.The other possible reason for institutional sales, and a far more likely one, is some profit taking and new year rebalancing. This is a stock that easily beat the broad market in 2023, gaining over fifty percent, so most portfolios will have ended the year overweight AAPL in dollar terms. That makes some position trimming almost inevitable, and any news that could be seen as negative, even a reiteration of an opinion that has been wrong for nine months, will trigger some action. Then, when the stock falls, others will rush to trim their own positions, prompting the kind of acceleration of the down move that we are seeing this morning.In short, what this looks like at this point is a normal, healthy retracement in a stock that has outperformed for an extended period of time, the kind of retracement that is often called a consolidation, and which sets up for further gains in the future. At some point, I guess, Apple will become so big that it must cease to grow. However, over the last twelve years of writing at Nasdaq.com, I've heard multiple times that point has been reached and, so far, while the bears may have had an occasional month or so in the sun, every pullback has been a buying opportunity for long-term investors like me. I don’t see why this time should be any different.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":18,"commentSize":1,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false}}