$Apple(AAPL)$ $NVIDIA Corp(NVDA)$
My two favourite stocks! πππ±π₯οΈπ»π§ππ€π€π€π€π€π€π€π€π€π€π€π€π€π€π€π€
Source: The Kobeissi letter
This is interesting:
Nvidia, $NVDA, and Apple, $AAPL, currently account for 20.4% of the average investor portfolio, according to Vanda Research analysis.
Nvidia's share increased from 5.5% at the beginning of 2024 to 10.6% and is now the most popular stock held by investors.
Apple is the second most favored, at a 9.8% share, down from 10.6% at the start of the year.
The third largest holding is the S&P 500 ETF, $SPY, reflecting 7.6% of the average investor portfolio.
Tesla, $TSLA, and the Invesco QQQ Nasdaq ETF, $QQQ, account for 6.0% and 4.3%, respectively.
Big tech stocks are incredibly popular.
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Here are some news articles related to Apple and NVIDIA:
Top Calls on Wall Street | Apple, Tesla, Nvidia, Microsoft, Meta, Micron, Nike, Starbucks, and More: This article highlights the opinions of various analysts. Oppenheimer reiterates Apple as "outperform" and is not concerned about competition from Meta's Orion augmented reality products. Deutsche Bank reiterates Tesla as "buy", while Susquehanna reiterates Nvidia as "positive".
Nvidia's stock looks even better after this latest bullish signal, analyst says: This article discusses how Micron Technology's positive AI commentary and upbeat forecast are lifting semiconductor stocks, including Nvidia's. The article suggests that Nvidia's stock has been seeing new shine lately after some prior cooling of the artificial intelligence trade.
Unfortunately, there were no other news articles specifically related to Apple and NVIDIA in the given time period. However, you may want to explore stock quote pages or financial news platforms for more relevant information.
Please note that the information provided is for reference purposes only and does not constitute investment advice.
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Great article, would you like to share it?
Great article, would you like to share it?