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Beli
2023-01-02

Appreciate a quick return!

$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows

KEY POINTSApple shares are down 26.6% in the year-to-date period.Cupertino's reliance on China for p

$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows

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MIe
·2023-01-02
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- Beli:
  Good if u caught a good run too!
  2023-04-07
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Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.</p><p><img src=\"https://static.tigerbbs.com/2b07585092b62e885219342e7575535c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.</p><p>In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.</p><p>After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.</p><p>Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.</p><p>A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. At that price point, the 7.7 stock holding would be worth $1,412, a return of 41%.</p><p>The average analysts’ price target for Apple stock is $179.10, according to TipRanks, is $179.10, suggesting a 38% upside from current levels.</p></body></html>","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>$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows</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\">\n$1,000 Invested In Apple Now Would Be Worth This Much If Stock's Recovery From 52-Week Lows\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-12-30 21:48</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>KEY POINTS</p><ul><li>Apple shares are down 26.6% in the year-to-date period.</li><li>Cupertino&#39;s reliance on China for production and the macroeconomic condition are to be blamed for the predicament.</li></ul><p>Apple Inc., often considered an all-weather stock, was not immune to the tech-induced rout seen this year.</p><p>What Happened: Apple’s stock peaked at $182.94 at the start of the year (Jan. 4 intraday high), thanks to strong uptake of the new iPhone 14 iterations, especially the high-margin Pro models. Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.</p><p><img src=\"https://static.tigerbbs.com/2b07585092b62e885219342e7575535c\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.</p><p>In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.</p><p>After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.</p><p>Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.</p><p>A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. At that price point, the 7.7 stock holding would be worth $1,412, a return of 41%.</p><p>The average analysts’ price target for Apple stock is $179.10, according to TipRanks, is $179.10, suggesting a 38% upside from current levels.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193328387","content_text":"KEY POINTSApple shares are down 26.6% in the year-to-date period.Cupertino's reliance on China for production and the macroeconomic condition are to be blamed for the predicament.Apple Inc., often considered an all-weather stock, was not immune to the tech-induced rout seen this year.What Happened: Apple’s stock peaked at $182.94 at the start of the year (Jan. 4 intraday high), thanks to strong uptake of the new iPhone 14 iterations, especially the high-margin Pro models. Since then, it has been tossed and turned by the macroeconomic vagaries and the COVID-19 recurrences in China.Apple’s production base is heavily concentrated in China. The company apparently was not hit by the March-April COVID-19 wave, which incidentally impacted Tesla Inc. and other homegrown electric vehicle makers.In early November, Apple issued a statement that COVID-19 restrictions have temporarily impacted its supplier Hon Hai Precision Manufacturing Company Limited’s main iPhone assembly plant in Zhengzhou. Daniel Ives from Wedbush pitched the iPhone unit shortfall for the holiday quarter at 10-15 million units.After a broad consolidation move between $150 and $180 till mid-May, Apple’s stock dropped below the lower bound and hurtled toward a low of $129.04 in mid-June. The recovery that followed took it to a peak of $176.15 in mid-August. Thereafter, it has been on a broader downtrend.Returns From Apple Stock: Apple shares fell to a fresh 52-week low of $125.87 on Wednesday, the lowest since the June 7, 2021, intraday low of $124.83. On Thursday, the stock rebounded by 2.83% before closing at $129.61.A $1,000 invested at Thursday’s closing price of $129.61 would fetch 7.7 Apple shares. If the stock charts another uptrend, as fundamentals improve and the broader market sentiment takes a turn for the better, there is all likelihood of it retesting its all-time high of $182.94. 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