🍎🍀🩵Apple: The Must-Have Stock of 2024 🍀🍎🩵
I’m bouncing off the walls with glee, my iPad Pro’s en route to me 📦✨,
Engraved in silver, top of line, with Pencil Pro, it’s all divine 🖊️🎨.
Yesterday, the courier came, with goodies that ignite the flame 🔥:
A 35W adapter, dual, and an Otter case that’s military cool 💪🛡️.
This Otter case is no charade, it’s built with military grade 🚀,
Drop protection, slim design, with a stand that’s truly fine 📱💼.
The Magic Keyboard, black as night, completes this tech lover’s delight 🌌⌨️.
But let’s give thanks where thanks are due, to Tiger Trading’s savvy crew 🐯📈,
For all the profits I’ve amassed, from trades that really were a blast 💥💰.
Without them, this tech parade, would never have been so grandly made 🎉🛍️.
Now I’m prepped for work or play, my iPad’s ready, come what may 🎮🖥️.
The tech gods smiled upon my fate, with gadgets that are truly great 🤩🔧.
Tiger Trading, you’re the best, my success with you, I’ll gladly attest 🏆👏.
My iPad Pro 13 and all its gear, are proof my trading skills are clear! 📊📱
The courier arrived, I almost hugged, my joy was real, my heartstrings tugged 🤗🚚.
My imaginary cat tried to claim the Otter case, as its new bed, with a comfy grace 🐱🛏️.
But I stood firm, this gear’s for me, thanks to Tiger Trading, can’t you see? 💼📈
So here’s to tech and trading dreams, where profits flow in steady streams 💸🌊.
To gadgets that make our hearts sing, and to couriers who bring everything! 🚀📦
Tiger Trading, you’re my star, making me feel like a tech rockstar 🌟🎸.
With every trade, my future’s bright, my iPad Pro 13 will be pure delight! 📱✨
Morena TT’s, if you haven't already loaded up on Apple (AAPL) stock, you're missing out on the biggest tech revolution of the year! Here's the lowdown on why Apple should be a cornerstone of your portfolio, backed by the latest buzz from across the web.
1. Strong Analyst Confidence:
Analysts are singing Apple's praises, with Bank of America Securities reiterating a "Buy" rating and setting a price target of $225, reflecting a potential upside of 36.4%. This confidence is based on four key catalysts: the upcoming capital return program, generative AI announcements, the launch of the iPhone 16, and a re-acceleration in gross profit growth each quarter [oai_citation:1,Apple Is A 'Top Stock Pick For 2024,' Analyst Says: 4 Catalysts To Look For In Next Earnings Report | Markets Insider](https://markets.businessinsider.com/news/stocks/apple-is-a-top-stock-pick-for-2024-analyst-says-4-catalysts-to-look-for-in-next-earnings-report-1033275915) [oai_citation:2,
Apple (AAPL) Stock Forecast and Price Target 2024
](https://www.marketbeat.com/stocks/NASDAQ/AAPL/forecast/).
2. Generative AI Innovations:
At the recent Worldwide Developers Conference (WWDC), Apple unveiled groundbreaking generative AI features integrated into their ecosystem. These advancements are not just cool tech; they're driving institutional interest and investment, signaling a robust future for Apple's stock [oai_citation:3,Apple Is A 'Top Stock Pick For 2024,' Analyst Says: 4 Catalysts To Look For In Next Earnings Report | Markets Insider](https://markets.businessinsider.com/news/stocks/apple-is-a-top-stock-pick-for-2024-analyst-says-4-catalysts-to-look-for-in-next-earnings-report-1033275915).
3. New Product Launches:
Apple is gearing up for a strong product cycle. The anticipated iPhone 16, packed with state-of-the-art AI capabilities, is set to hit the market in the fall, promising to spark a massive upgrade cycle and boost revenues. Moreover, Apple is working on a more affordable version of its Vision Pro headset, which is expected to expand its user base significantly by 2025 [oai_citation:4,Apple Inc (AAPL) Stock Price, Quote & News - Stock Analysis](https://stockanalysis.com/stocks/aapl/) [oai_citation:5,Apple Is A 'Top Stock Pick For 2024,' Analyst Says: 4 Catalysts To Look For In Next Earnings Report | Markets Insider](https://markets.businessinsider.com/news/stocks/apple-is-a-top-stock-pick-for-2024-analyst-says-4-catalysts-to-look-for-in-next-earnings-report-1033275915). Plus, the all-new iPad Pro 13-inch, featuring the powerful M4 chip and a stunningly thin design, is redefining what a tablet can do. This powerhouse device is perfect for professionals and creatives alike, offering an OLED display and up to 2TB of storage .
4. Financial Health and Buybacks:
Apple's financial prowess continues to impress. The company is expected to announce a new stock buyback authorization during its upcoming earnings call, demonstrating its commitment to returning capital to shareholders. With strong services revenue and robust profit margins, Apple's financial health is as solid as ever [oai_citation:6,Apple Is A 'Top Stock Pick For 2024,' Analyst Says: 4 Catalysts To Look For In Next Earnings Report | Markets Insider](https://markets.businessinsider.com/news/stocks/apple-is-a-top-stock-pick-for-2024-analyst-says-4-catalysts-to-look-for-in-next-earnings-report-1033275915).
5. Stock Performance and Market Position:
Despite the broader market fluctuations, Apple remains a top contender in the race for the world's most valuable company. Its stock has shown resilience and potential for growth, with analysts predicting significant upside. The average twelve-month stock price forecast for Apple is $208.06, with highs reaching up to $275 [oai_citation:7,
Apple (AAPL) Stock Forecast and Price Target 2024
](https://www.marketbeat.com/stocks/NASDAQ/AAPL/forecast/).
Conclusion:
Apple is not just a tech company; it's a market leader with a proven track record of innovation, financial strength, and strategic growth. With upcoming product launches, AI integration, and strong financials, Apple is poised for a stellar performance in 2024. Don't miss out on this golden opportunity to invest in a company that continues to define the future of technology.
In the world of stocks, Apple’s the cream, AI and iPhones, the tech lover’s dream. The iPad Pro 13, leaving Samsung to lag, Apple’s innovation will make your portfolio brag. Strong financials, new tech galore, invest in Apple, watch your profits soar.
Cheers, BC. Wishing you happy 🍎 trading ahead 🍀
@SPACE ROCKET @Tiger_chat @TigerWire @MillionaireTiger @Daily_Discussion @Tiger_comments @STLoke @ashcooper9 @AlanTiger @Mrzorro @zerolih @Vincent Chua @PagRobinson @EricVaughan @koolgal @TigerGPT @CaptainTiger @Tiger_Wealth @Alex Puffin On Two Smokes
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Apple (AAPL) Stock Analysis
Business Overview
Apple is a leading technology company known for its innovative products and services. The company operates in various segments, including iPhone, Mac, iPad, Wearables, Home and Accessories, and Services. Apple's strong brand, loyal customer base, and ecosystem of products and services contribute to its market leadership.
Earnings Analysis
Latest Earnings: In the second quarter of 2024, Apple reported an EPS of $1.53, a return on equity (ROE) of 127.51%, and a gross profit margin of 46.58%. The company's financial ratios indicate strong performance and profitability.
Earnings Forecast: Analysts forecast that Apple's EPS will reach $6.59 for the full year 2024, $7.22 for 2025, and $7.95 for 2026. The forecasted gross income for 2024 is $386.42 billion, which is expected to grow to $411.13 billion in 2025 and $435.28 billion in 2026.
Trend Analysis
Support and Resistance Price: As of June 18, 2024, the support price for Apple stock is $171.07, and the resistance price is $214.37. The average cost is $193.8.
Stock Price: As of June 20, 2024, the stock price of Apple is $214.29.
Valuation Analysis
Analyst Target Price: According to 37 analysts, the mean target price for Apple stock is $207.58, with a low estimate of $164.0 and a high estimate of $275.0.
Analyst Recommendation: Out of the 37 analysts, 12 recommend buying Apple stock, 19 recommend holding, 12 recommend underperforming, and 1 recommends selling.
Capital Flow Analysis
5-Day Capital Flow: From June 11 to June 17, 2024, the capital flow for Apple stock fluctuated. On June 11, there was a net inflow of $661.88 million, while on June 13, there was a net outflow of $258.21 million. The capital flow data indicates the buying and selling activities of investors.
1-Day Capital Flow: On a single day, there was a big inflow of $760.97 million, a median inflow of $537.19 million, a small inflow of $4.60 billion, a big outflow of $1.05 billion, a median outflow of $617.09 million, and a small outflow of $4.21 billion.
Conclusion
Apple is a market leader in the technology industry, known for its innovation, financial strength, and strategic growth. The company's strong financial performance, upcoming product launches, and integration of artificial intelligence (AI) position it for continued success in 2024. However, it's important to note that investing in the stock market carries inherent risks, and stock prices can fluctuate. Investors should conduct independent research and consider their own risk tolerance before making investment decisions.
Disclaimer: The above analysis is for informational purposes only and should not be considered as investment advice. The information provided is based on available data and analysis, and future performance may vary. Investing in stocks involves risks, and individuals should carefully consider their investment objectives and risk tolerance before making any investment decisions.
Source: Apple (AAPL) Stock Forecast and Price Target 2024
New ipad Pro!!! Congrats!!
Btw, what’s your target price for Apple?