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12025.0
2023-12-16 22:00:00 UTC
My 6 Largest Portfolio Holdings Heading Into 2024 -- and the Important Investing Lesson I Learned From Each One
AAPL
https://www.nasdaq.com/articles/my-6-largest-portfolio-holdings-heading-into-2024-and-the-important-investing-lesson-i
After an absolute disaster of a year in 2022, the stock market appears to have turned the corner. Each of the major market indexes has gained more than 20% from their respective trough. Perhaps more importantly, the S&P 500 and the Nasdaq Composite are within striking distance of new highs, which will check the final box marking the start of a new bull market. Closing out the old and ringing in the new is a great time for examination, and one of the places I start is with my portfolio. A review of my top investments and how they came to be that way can offer valuable insight for the future. Here's a look at my six largest holdings heading into 2024 (as of the market close on Dec. 15) and the incredibly valuable lesson I learned from each one. Image source: Getty Images. No. 6: Nvidia Every investor has one -- the "stock that got away." The one you meant to buy, only to find that it got away from you and has risen 100%, 500%, or even 1,000%. In my case, that stock was Nvidia (NASDAQ: NVDA). I had owned a few shares of the graphics processing units (GPU) pioneer in the early days of my investing journey but ultimately sold them in an unprovoked bid of tax-loss harvesting in early 2010. I always meant to buy it back, but the stock price meandered for much of the next five years, and I ultimately lost confidence. Things changed quickly in 2016 when the stock tripled. After that, it just kept getting away from me. Fast forward to early 2018. Nvidia still dominated the discrete desktop GPU space, controlling roughly 70% of the market. The company's graphics cards were the processor of choice for cryptocurrency mining, which was booming. Furthermore, there was an ongoing push toward autonomous driving. It was clear that CEO Jensen Huang had a knack for skating to where the puck was going -- recognizing technology trends on the fly and adapting Nvidia's processors and the accompanying software to meet that need. After much deliberation, I held my nose and bought Nvidia anyway -- even though the stock had risen 600% over the preceding two years. I have added to my stake several times since. Over the past few years, Nvidia has once again adapted to meet a compelling technology need, becoming the gold standard for generative AI applications. Since that initial purchase, Nvidia has soared 768%, and the stock has become my sixth-largest holding, amounting to nearly 6% of my portfolio. The lesson here? It's never too late to buy a quality company, even if the stock has already risen many times over. No. 5 and 4: Shopify and Amazon Long after Amazon had established itself as the world's largest digital retailer, Shopify (NYSE: SHOP) came on the scene with a different approach to e-commerce. Shopify's founders, having discovered firsthand the difficulties inherent in starting an online sales platform, pivoted the business from selling snowboards to providing customizable templates and other tools that made setting up and running an e-commerce business a snap. By solving a common problem among digital retailers, Shopify carved out a profitable niche for itself in a market that was already (and still is) dominated by Amazon. While it isn't an exact apples-to-apples comparison, it helps illustrate an age-old truth in investing that I learned from owning this stock -- there's a Pepsi for every Coke. There's another lesson here. I had long been a shareholder of Amazon, but I recognized the value Shopify could bring to the online sales space. Despite the fact that e-commerce was already well represented in my portfolio, I made a sizable investment in Shopify. That decision turned out well, as both companies have continued to prosper in the age of digital retail. It also turned out well for me as an investor. Since my first purchase of Shopify shares, the stock is up more than 1,446%, while Amazon has gained 844%. Shopify and Amazon are my fourth and fifth largest holdings heading into 2024, each representing roughly 6% of my portfolio. No. 3: Apple There's little question that Apple (NASDAQ: AAPL) has become one of the most successful companies in history. Yet, at times over the past few years, some investors concluded the company had reached its zenith. Apple reached a market cap of $1 trillion in 2018, so how much higher could it go? There were other worries. As penetration has risen, global smartphone sales have slowed. Since Apple's flagship product -- the iPhone -- historically generates more than half the company's revenue, investor reservations are understandable. Despite these challenges, Apple has continued to grow. CEO Tim Cook has succeeded in expanding Apple's services business to become the company's second-biggest breadwinner, behind just the iPhone. The segment brought in $85 billion in fiscal 2023 (ended Sept. 30), making it comparable to a top 50 company in the Fortune 500. Furthermore, the iPhone continues to dominate where it matters, capturing a record 45% of worldwide smartphone revenue and 85% of profits in the second quarter, according to Counterpoint Research. Fears that Apple simply couldn't go any higher turned out to be unfounded, an important lesson for investors as its market cap has tripled since 2018. Since my first purchase in 2008, Apple's stock price has surged more than 3,400% to become my third-largest position at 8% of my portfolio. I'm confident there's more to come. No. 2: Mercadolibre It's likely that many investors have never heard of MercadoLibre (NASDAQ: MELI). The company, which began as a local online auction site, has evolved into the largest e-commerce and payments ecosystem in Latin America, serving 18 countries in the region. MercadoLibre not only provides a marketplace for buyers and sellers but also handles shipping and logistics, warehouse and cross-docking, digital payments, consumer and merchant financing, digital wallets, and more. Think of it as the Amazon, Shopify, and PayPal of Latin America all rolled into one. Many investors have avoided the stock because of the risks inherent in the region, which is understandable. For example, Argentina -- MercadoLibre's birthplace and one of its biggest markets -- has an inflation rate that clocks in at 143%, and the country just devalued its currency by 50%. Other countries in the region grapple with hyperinflation, economic turmoil, charges of political corruption, poor infrastructure, and more. Yet those risks pale in the context of the opportunity. Latin America is years behind the U.S. in terms of e-commerce and digital payment penetration, yet adoption continues to grow. Furthermore, Latin America has twice the population of the U.S. and is the fastest-growing e-commerce market in the world, according to Americas Market Intelligence. Finally, because MercadoLibre takes a cut of each transaction, it has sidestepped many of those risks. As a result, its revenue grew 50% in 2022 while net income soared 480%, a trend that has been ongoing for more than a decade. Understanding the risk, viewed through the lens of the significant long-term opportunity, can provide important insight, which gave me the confidence to buy the stock. My rather modest initial investment in MercadoLibre in 2009 has grown by more than 7,300%, and the company now represents 10% of my portfolio. Not bad for a "risky" stock. No. 1: Netflix Netflix (NASDAQ: NFLX) was the very first stock I bought when I started investing in late 2007. After incurring a late fee at Blockbuster (remember them?) that was more than the cost of buying the movie new, I cut up my membership card and subscribed to Netflix. As an extremely satisfied customer, it made perfect sense to buy the stock once I started investing. Back then, the company was a DVD-by-mail service that had recently begun experimenting with streaming video. Netflix had achieved remarkable penetration in its earliest markets, and I surmised the company could expand its success across the country, which was the basis of my investing thesis. The company has achieved all that and more, becoming the world's largest subscription streaming video service. The value of the initial shares I bought in 2007 has surged more than 19,000%, making Netflix my largest holding at nearly 11% of my portfolio. However, those life-changing gains were only possible because I held the stock for the duration, which is easier said than done. Remember the "Qwikster" fiasco of 2011? All the "Netflix killers" over the years? How about the loss of 1.2 million subscribers early last year? There were plenty of excuses to sell Netflix over the years, but for me, the investing thesis never changed, so I held on. And this long-term buy-and-hold strategy continues to win out. Should you invest $1,000 in Nvidia right now? Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Nvidia wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 11, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Danny Vena has positions in Amazon, Apple, MercadoLibre, Netflix, Nvidia, PayPal, and Shopify and has the following options: long January 2024 $95 calls on PayPal. The Motley Fool has positions in and recommends Amazon, Apple, MercadoLibre, Netflix, Nvidia, PayPal, and Shopify. The Motley Fool recommends the following options: long January 2024 $47.50 calls on Coca-Cola and short December 2023 $67.50 puts on PayPal. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
3: Apple There's little question that Apple (NASDAQ: AAPL) has become one of the most successful companies in history. It was clear that CEO Jensen Huang had a knack for skating to where the puck was going -- recognizing technology trends on the fly and adapting Nvidia's processors and the accompanying software to meet that need. The company, which began as a local online auction site, has evolved into the largest e-commerce and payments ecosystem in Latin America, serving 18 countries in the region.
3: Apple There's little question that Apple (NASDAQ: AAPL) has become one of the most successful companies in history. Danny Vena has positions in Amazon, Apple, MercadoLibre, Netflix, Nvidia, PayPal, and Shopify and has the following options: long January 2024 $95 calls on PayPal. The Motley Fool has positions in and recommends Amazon, Apple, MercadoLibre, Netflix, Nvidia, PayPal, and Shopify.
3: Apple There's little question that Apple (NASDAQ: AAPL) has become one of the most successful companies in history. Before you buy stock in Nvidia, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Nvidia wasn't one of them. See the 10 stocks *Stock Advisor returns as of December 11, 2023 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors.
3: Apple There's little question that Apple (NASDAQ: AAPL) has become one of the most successful companies in history. 6: Nvidia Every investor has one -- the "stock that got away." Should you invest $1,000 in Nvidia right now?
12065.0
2023-12-15 00:00:00 UTC
Intel's AI PC Chips Are a Big Step Forward
AAPL
https://www.nasdaq.com/articles/intels-ai-pc-chips-are-a-big-step-forward
Intel's (NASDAQ: INTC) Meteor Lake PC CPUs officially launched on Dec. 14, with some laptops built around the new chips already available. One of the big selling points Intel is touting is a built-in AI accelerator. In software that supports it, Meteor Lake chips can offload AI inference tasks to the accelerator, freeing up the CPU and GPU and delivering improved AI performance. Architecturally, Meteor Lake comes with some big changes. The new chips use the Intel 4 manufacturing process, the first from Intel to make use of extreme ultraviolet lithography. The chips also move to a tile-based design, with different parts manufactured using different technologies. Not only does Meteor Lake excel at AI tasks, but the new chips deliver significant improvements in power efficiency and graphics. Meteor Lake moves to an Intel Arc GPU, which is twice as performant and twice as efficient as the graphics in Intel's last-generation chips. An important step for Intel The PC market remains depressed after a pandemic-era buying spree gave way to a collapse in demand. Intel's Meteor Lake might be the most exciting thing to happen to the laptop market since Apple started making MacBooks using its custom CPUs. The new chips might be enough to trigger an upgrade cycle in 2024 and beyond. Meteor Lake's AI hardware delivers big gains in AI inference workloads. Compared to its last-generation chips, Intel claims that Meteor Lake delivers 1.7 times the performance in generative AI and is 2.5 times as power efficient in the UL Procyon AI inference benchmark. When Meteor Lake's AI hardware tackles the AI tasks involved when making a Zoom call, Intel claims a 38% reduction in power usage. How much consumers and businesses care about Meteor Lake's AI hardware depends on the software that supports it. Intel is aiming to boost the number of AI software partners from 39 today to 100 over the course of 2024. On top of the dedicated AI accelerator, the built-in GPU is capable of handling AI workloads as well. Intel claims in creative applications like those from Adobe, Meteor Lake can deliver anywhere from 1.2 times to 5.4 times the performance of a comparable AMD Ryzen CPU. Beyond performance improvements, Meteor Lake delivers meaningful power efficiency improvements which should help with battery life. One example Intel gave was playing video from Netflix. By leveraging low-power cores built into Meteor Lake's SoC tile, the new chips can play back video using 25% less power compared to Intel's last-gen chips. Compared to a Ryzen CPU, Intel is claiming that Meteor Lake is more efficient in a wide variety of scenarios. With both processors working within the same 28W power envelope, Meteor Lake is 7% more efficient in web browsing, 44% more efficient at playing back local 4K video, and a whopping 79% more efficient when the system is idle. These numbers come straight from Intel, so take them with a grain of salt. Third-party reviews of individual systems will give us a better idea of how these chips stack up. A big bet on AI Intel views AI as the future of the PC. Meteor Lake is the first step in that direction, and its successors will build on its improvements. The success of Intel's AI PC initiative will hinge on software support. Given Intel's leading share in the PC CPU market, it makes sense for software companies to jump on board. Notably, Intel demonstrated LLaMa2-7B, a smaller large language model capable of text generation, successfully running on a Meteor Lake system using the CPU, GPU, and AI hardware. This opens the door for AI assistants running locally, which should make for a snappier experience compared to calling out to a cloud service on each prompt. That could end up being the "killer app" for Intel's AI PCs. Meteor Lake is the beginning of Intel's push to bring AI to the PC. Next up is Arrow Lake, scheduled for some time in 2024. Arrow Lake will move to the Intel 20A manufacturing process, which should bring significant performance and efficiency gains. By then, the software ecosystem around Intel's AI hardware should be more mature, and the value proposition should be clearer. Should you invest $1,000 in Intel right now? Before you buy stock in Intel, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Intel wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 11, 2023 Timothy Green has positions in Intel. The Motley Fool has positions in and recommends Adobe, Advanced Micro Devices, Apple, Netflix, and Zoom Video Communications. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2024 $420 calls on Adobe, long January 2025 $45 calls on Intel, short February 2024 $47 calls on Intel, and short January 2024 $430 calls on Adobe. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Intel's Meteor Lake might be the most exciting thing to happen to the laptop market since Apple started making MacBooks using its custom CPUs. Notably, Intel demonstrated LLaMa2-7B, a smaller large language model capable of text generation, successfully running on a Meteor Lake system using the CPU, GPU, and AI hardware. This opens the door for AI assistants running locally, which should make for a snappier experience compared to calling out to a cloud service on each prompt.
Meteor Lake's AI hardware delivers big gains in AI inference workloads. Compared to its last-generation chips, Intel claims that Meteor Lake delivers 1.7 times the performance in generative AI and is 2.5 times as power efficient in the UL Procyon AI inference benchmark. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2024 $420 calls on Adobe, long January 2025 $45 calls on Intel, short February 2024 $47 calls on Intel, and short January 2024 $430 calls on Adobe.
Meteor Lake moves to an Intel Arc GPU, which is twice as performant and twice as efficient as the graphics in Intel's last-generation chips. Compared to its last-generation chips, Intel claims that Meteor Lake delivers 1.7 times the performance in generative AI and is 2.5 times as power efficient in the UL Procyon AI inference benchmark. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2024 $420 calls on Adobe, long January 2025 $45 calls on Intel, short February 2024 $47 calls on Intel, and short January 2024 $430 calls on Adobe.
In software that supports it, Meteor Lake chips can offload AI inference tasks to the accelerator, freeing up the CPU and GPU and delivering improved AI performance. Meteor Lake's AI hardware delivers big gains in AI inference workloads. The success of Intel's AI PC initiative will hinge on software support.
12070.0
2023-12-14 00:00:00 UTC
3 No-Brainer Dividend Stocks to Buy and Hold for 20 Years
AAPL
https://www.nasdaq.com/articles/3-no-brainer-dividend-stocks-to-buy-and-hold-for-20-years
Successful investing is not as complicated as some make it out to be. Sticking with the brands you use every day, and holding for many years, is a great place to start. Top stocks, such as Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Costco Wholesale (NASDAQ: COST), have a long record of beating the market's average return. The best part is that these companies are so consistent in generating profitable growth from their businesses that they dish out a steady stream of growing dividends to shareholders. Let's find out more why three Motley Fool contributors believe these stocks are no-brainer buys for the next 20 years. Apple has massive cash resources to fund a growing dividend John Ballard (Apple): Investors shouldn't focus only on buying stocks with high yields, since companies that pay high yields are either struggling financially or lacking growth. A smart way to build up dividend income you'll need for retirement is focusing on companies that offer dividend growth. A company that has a long record of raising its dividend payment usually reflects growing demand for the company's products. Moreover, a multiyear record of dividend increases reflects management's confidence in the future of the company. Apple is a great example. Over the past 10 years, its annual dividend grew by 130%, or more than double its fiscal 2013 dividend payment. It has increased the dividend for 12 consecutive years, and because it only pays out 14% of its earnings, Apple can continue increasing the dividend even if earnings are down during an investment year or recession. While the dividend yield on Apple stock is below average at just 0.49% right now, its yield could increase over the next two decades. If Apple doubles its dividend in each decade through 2043, investors who buys shares today could potentially earn a dividend yield on their cost basis approaching 2%. If Apple also doubles its payout closer to 30% of its earnings, the yield could approach 4%. Apple has attractive long-term growth prospects. It should continue to grow through expanding its installed base of active devices, launching new products (e.g., Vision Pro in 2024), and continuing to expand its services business, which should be a great source of profitable growth to help fund future dividend increases. The iPhone, which makes up half of the company's annual revenue, has made Apple one of the most profitable companies in the world. Apple generated $99 billion in free cash flow on $383 billion of revenue over the past year. The resources it has will pave the way for more new products, more profitable growth, and growing dividends for years to come. A buy-on-the-dip dividend opportunity Jennifer Saibil (Starbucks): Starbucks doesn't have any competition as the leader in coffee shops, and it's opening new stores, innovating with beverages, and making other important changes to keep its top spot. The company hired a new CEO this year, and it's pivoting from its prior strategy as a sit-down-and-hang-out kind of place to its new iteration as digital coffee king. People today want to order and pick up, and Starbucks is right there with them. It has invested in new equipment to speed up ordering and fill demand for a quick cup, and it's already demonstrating success with these efforts. In the 2023 fiscal fourth quarter (ended Oct. 1), revenue increased 11% year over year, with an 8% increase in comparable sales. While there are already more than 38,000 stores (seemingly one on every corner), the international market is still undertapped, accounting for only 21% of sales. Starbucks still sees a massive opportunity for more stores, both at home and abroad, and it's highly focused on the China region, its second largest. Despite the inflationary environment, the company has increased net income and generated robust free cash flow. Earnings per share (EPS) rose 39% over the prior-year period in the third quarter to $1.06, and it generated $1.2 billion in free cash flow. This powers its innovation and operations, as well as a very attractive dividend. Starbucks has paid -- and raised -- its dividend for the past 13 years, and over that time it has increased more than 1,000% in value. At the current price, Starbucks' dividend yields 2.3%, or well above the S&P 500 average of 1.6%. As Starbucks continues to drive sales and generate cash, it should be able to amply fund and raise its dividend for years. Starbucks stock is down 2% in 2023, and now is a great time to buy shares and benefit from a growing passive income stream. A reliable cash machine Jeremy Bowman (Costco): Not many stocks are as universally admired as Costco. It has a loyal customer base that regularly flocks to its stores to stock up on bargain-priced bulk goods. And, Costco has one of the strongest moats in retail, thanks to its membership model and reputation for high-quality products at great prices, and the company routinely ranks among the highest in customer satisfaction in the retail industry. Not surprisingly, Costco has also been a great stock to own. Since its IPO in 1985, the stock has returned a whopping 71,000% -- and that's not including dividends. Today, Costco's prospects for outperformance still look bright as the company has fended off threats from e-commerce and Amazon, continues to open stores both in the U.S. and abroad, and is growing through the e-commerce channel as well. As a dividend stock, Costco might not look like a cash-returning powerhouse. Its dividend yield is currently just 0.65%. But the company has a long history of paying special dividends every few years of as much as $10 a share, and its next special dividend, which has been anticipated, could be even higher than that. No matter what happens in the broader economy, in the retail sector, or on the technology front, Costco looks like a good bet to continue delivering solid, steady growth, returning cash to shareholders and making money for them. It's one of the easiest investments you can own for the next 20 years. Should you invest $1,000 in Apple right now? Before you buy stock in Apple, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Apple wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has more than tripled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 11, 2023 Jennifer Saibil has no position in any of the stocks mentioned. Jeremy Bowman has positions in Starbucks. John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Costco Wholesale, and Starbucks. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Top stocks, such as Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Costco Wholesale (NASDAQ: COST), have a long record of beating the market's average return. The best part is that these companies are so consistent in generating profitable growth from their businesses that they dish out a steady stream of growing dividends to shareholders. The company hired a new CEO this year, and it's pivoting from its prior strategy as a sit-down-and-hang-out kind of place to its new iteration as digital coffee king.
Top stocks, such as Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Costco Wholesale (NASDAQ: COST), have a long record of beating the market's average return. Apple has massive cash resources to fund a growing dividend John Ballard (Apple): Investors shouldn't focus only on buying stocks with high yields, since companies that pay high yields are either struggling financially or lacking growth. If Apple doubles its dividend in each decade through 2043, investors who buys shares today could potentially earn a dividend yield on their cost basis approaching 2%.
Top stocks, such as Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Costco Wholesale (NASDAQ: COST), have a long record of beating the market's average return. Apple has massive cash resources to fund a growing dividend John Ballard (Apple): Investors shouldn't focus only on buying stocks with high yields, since companies that pay high yields are either struggling financially or lacking growth. It has increased the dividend for 12 consecutive years, and because it only pays out 14% of its earnings, Apple can continue increasing the dividend even if earnings are down during an investment year or recession.
Top stocks, such as Apple (NASDAQ: AAPL), Starbucks (NASDAQ: SBUX), and Costco Wholesale (NASDAQ: COST), have a long record of beating the market's average return. A company that has a long record of raising its dividend payment usually reflects growing demand for the company's products. It has increased the dividend for 12 consecutive years, and because it only pays out 14% of its earnings, Apple can continue increasing the dividend even if earnings are down during an investment year or recession.
12080.0
2023-12-13 00:00:00 UTC
Zacks Investment Ideas feature highlights: Tesla, Apple and Rivian
AAPL
https://www.nasdaq.com/articles/zacks-investment-ideas-feature-highlights%3A-tesla-apple-and-rivian
For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Why Tesla's Cheap (2024 Outlook) An Up and Down Year for Tesla Tesla is the undisputed market leader in battery-powered electric car sales in the United States, enjoying roughly a 70% market share. Over the years, Tesla has shifted from developing niche products for affluent buyers to more affordable EVs for the masses. The firm's three-pronged business model approach of direct sales, servicing, and charging sets it apart from other carmakers. Year-to-date, shares are higher by 128%. However, investor concerns are mounting, including: · Valuation: The EV king's market capitalization is more than the combined value of all legacy automakers. · Underperformance: Though Tesla has more than doubled this year, it has underperformed the market and "Magnificent 7" recently. · Recall: This week, news broke that Tesla must recall more than 2 million vehicles. Below, I will debunk the most common investor concerns and lay out my bull case for the stock: Don't Judge a Book By its Cover: Tesla Valuation is Cheap The price-to-book ratio (P/B ratio) is a financial metric that compares a company's market value (its stock price) to its book value (the net value of its assets minus liabilities). P/B is calculated by dividing the market price per share by the book value per share. A low P/B ratio may suggest that a stock is undervalued, while a high ratio may indicate overvaluation. Investors use this ratio to assess a company's relative worth in the market compared to its accounting value. Tesla currently has a book value of 14.03. Compare that to another mainstream stock like Apple, whose book value is 49.54, and Tesla suddenly looks cheap. Furthermore, it is essential to remember that Wall Street is a discounting device. Over the past twelve years, Tesla has achieved a stunning compound annual growth rate (CAGR) of 72%, earning its premium above slower-growing legacy automakers. Rallying on Negative Recall News Earlier this week, Tesla was forced to recall over two million vehicles over autopilot safety concerns. As I always like to remind investors, the reaction to negative news supersedes the news itself. In the case of TSLA, the stock shook off the bad news and is green for the week. Technical "Shakeout" and Price Rotation Higher Savvy investors understand that price movement is the ultimate arbiter of decisions, because after all, price is the only thing that pays. TSLA shares sliced below the 50-day moving average on the recall news and then ripped higher. Such price action indicates a shakeout, where weak hands get stopped out of their positions, clearing the way for the next move higher. Now, TSLA is triggering a bullish swing trade signal by clearing last week's highs. Cybertruck Hype Real Many Tesla bears suggest that the hype around Tesla's Cybertruck is unfounded. However, Google Trends data suggests the opposite is true. As Tesla investor and enthusiast Sawyer Merritt points out, "Tesla has surpassed Ford to become the most searched auto brand in the US. Tesla's gone from not making the rankings at all in 2022 to second place in 2023, with 29 of 155 countries listing Tesla as their #1 car brand in Google Trends." Competition Not a Threat Thus far, all of the fully-EV focused automakers like Rivian have yet to achieve a quarterly profit. As Elon Musk points out, it's one thing to create a prototype and a whole other thing to manufacture at scale. Meanwhile, Ford, the only other profitable EV maker in the US, announced that it would cut F-150 Lightning production in half next year. (the Lightning is seen by the market as the biggest threat to the Cybertruck) China Sales Growing Despite Weak Economy Despite a floundering Chinese economy, recent registration numbers suggest that Tesla is on pace to break its quarterly record for deliveries in China (156.7k). Exponential EV Growth is on the Horizon A recent study suggests that by 2030, two-thirds of all global car sales will be EVs. Bottom Line Investors using traditional valuation metrics to value Tesla are likely to be wrong. Tesla's price-to-book ratio reveals an undervalued position compared to other mainstream stocks. Meanwhile, the Cybertruck's rising popularity and Tesla's sustained growth in China further underscore its market strength. As the automotive landscape continues to evolve towards electric vehicles, Tesla's innovative approach and global expansion prospects make it a must-own. Why Haven't You Looked at Zacks' Top Stocks? Since 2000, our top stock-picking strategies have blown away the S&P's +6.2 average gain per year. Amazingly, they soared with average gains of +46.4%, +49.5% and +55.2% per year. Today you can access their live picks without cost or obligation. See Stocks Free >> Media Contact Zacks Investment Research 800-767-3771 ext. 9339 [email protected] https://www.zacks.com Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performancefor information about the performance numbers displayed in this press release. Zacks Names "Single Best Pick to Double" From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. Free: See Our Top Stock and 4 Runners Up >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Over the past twelve years, Tesla has achieved a stunning compound annual growth rate (CAGR) of 72%, earning its premium above slower-growing legacy automakers.
For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Below, I will debunk the most common investor concerns and lay out my bull case for the stock: Don't Judge a Book By its Cover: Tesla Valuation is Cheap The price-to-book ratio (P/B ratio) is a financial metric that compares a company's market value (its stock price) to its book value (the net value of its assets minus liabilities).
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Why Tesla's Cheap (2024 Outlook) An Up and Down Year for Tesla Tesla is the undisputed market leader in battery-powered electric car sales in the United States, enjoying roughly a 70% market share.
For Immediate Release Chicago, IL – December 15, 2023 – Today, Zacks Investment Ideas feature highlights Tesla TSLA, Apple AAPL and Rivian RIVN. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Rivian Automotive, Inc. (RIVN) : Free Stock Analysis Report To read this article on Zacks.com click here. Below, I will debunk the most common investor concerns and lay out my bull case for the stock: Don't Judge a Book By its Cover: Tesla Valuation is Cheap The price-to-book ratio (P/B ratio) is a financial metric that compares a company's market value (its stock price) to its book value (the net value of its assets minus liabilities).
12102.0
2023-12-12 00:00:00 UTC
5 Best-Performing Technology ETFs of 2023
AAPL
https://www.nasdaq.com/articles/5-best-performing-technology-etfs-of-2023
Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally. Additionally, bets that the Fed’s aggressive interest rate hiking campaign might be nearing an end powered the rally in the sector in recent weeks. Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. Meanwhile, bitcoin, the world's largest cryptocurrency, soared more than 150% this year and surged past the $42,000 mark for the first time since April 2022 before retreating to near 40,000 levels. The massive rally came on the back of broad Enthusiasm about U.S. interest rate cuts and the imminent regulatory approval for Bitcoin ETFs (read: Bitcoin Reaches $42,000: 5 ETFs More Than Double in 2023). Given the broad-based rally across sectors, we have highlighted five best-performing ETFs from different industries that have made technology the best performer. These are VanEck Vectors Digital Transformation ETF DAPP, Valkyrie Bitcoin Miners ETF WGMI, ARK Next Generation Internet ETF (ARKW), VanEck Vectors Semiconductor ETF SMH and SPDR NYSE Technology ETF XNTK. More Rally Ahead? Finally, the Fed, in the latest FOMC meeting, hinted at three rate cuts for the next year while keeping the rates steady for this year. The central bank will cut rates by 75 bps next year, up from the previous forecast of two rate cuts in 2024. Markets are now pricing in a nearly 60% chance that the Fed will begin to cut rates in its March meeting, up from 40% the day prior, per data from the CME Group. As the tech sector relies on borrowing for superior growth, it is cheaper to borrow more money for initiatives when interest rates are low. The reductions in interest rates, coupled with the ongoing rise of AI, will act as a major tailwind for the next year. Higher spending across the software, semiconductors, and digital media consumer sectors will provide a further boost to the sector. The expansion of AI applications holds the promise of ushering in fresh opportunities for growth within the sector. The global digital shift has accelerated e-commerce for everything, ranging from remote working to entertainment and shopping, thereby bolstering strength in the sector. The rapid adoption of cloud computing, big data, the Internet of Things, wearables, VR headsets, drones, virtual reality, machine learning, digital communication, blockchain and 5G technology will continue to fuel a rally. Further, the tech titans have strong balance sheets, durable revenue streams and robust profit margins, making them attractive investments. They are better positioned to withstand a possible economic downturn and have demonstrated improved cost discipline. VanEck Vectors Digital Transformation ETF (DAPP) – Up 191.8% VanEck Vectors Digital Transformation ETF aims to offer exposure to companies that are at the forefront of digital asset transformation, such as digital asset exchanges, payment gateways, digital asset mining operations, software services, equipment and technology or services to the digital asset operations, digital asset infrastructure businesses or companies facilitating commerce with the use of digital assets. VanEck Vectors Digital Transformation ETF tracks the MVIS Global Digital Assets Equity Index and holds 22 securities in its basket. It charges 50 bps in annual fees and has accumulated $64.3 million in its asset base. Valkyrie Bitcoin Miners ETF (WGMI) – Up 190.8% Valkyrie Bitcoin Miners ETF is an actively managed ETF that invests at least 80% of its net assets (plus borrowings for investment purposes) in securities of companies that derive at least 50% of their revenues or profits from bitcoin mining operations and from providing specialized chips, hardware and software or other services to companies engaged in bitcoin mining. Valkyrie Bitcoin Miners ETF holds 22 stocks in its basket, with a double-digit concentration on the top four firms. It has amassed $33 million in its asset base and charges 75 bps in annual fees. ARK Next Generation Internet ETF (ARKW) – Up 84.5% ARK Next Generation Internet ETF is an actively managed fund focusing on companies expected to benefit from the shift in technology infrastructure to the cloud, enabling mobile, new and local services. The fund holds 35 stocks in its basket. ARK Next Generation Internet ETF has amassed $1.6 billion in its asset base and charges 88 bps in annual fees (read: 5 Tech ETFs That Outperformed XLK in the Past Week). VanEck Vectors Semiconductor ETF (SMH) – Up 65.7% VanEck Vectors Semiconductor ETF offers exposure to the companies involved in semiconductor production and equipment. SMH follows the MVIS US Listed Semiconductor 25 Index, which measures the overall performance of companies involved in semiconductor production and equipment. VanEck Vectors Semiconductor ETF holds 26 stocks in its basket. SMH has managed assets worth $10.9 billion and charges 35 bps in annual fees and expenses. It has a Zacks ETF Rank #1 (Strong Buy) with a High risk outlook (read: Semiconductors Lead Decade's Top Gainers: 3 ETFs Up At Least 550%). SPDR NYSE Technology ETF (XNTK) – Up 64.8% SPDR NYSE Technology ETF provides exposure to 35 leading U.S.-listed technology-related companies by tracking the NYSE Technology Index. Semiconductors take the largest share at 26%, while systems software, application software, application Software and broadline retail round off the next four spots. SPDR NYSE Technology ETF has amassed $625.1 million and charges 35 bps in annual fees. Want key ETF info delivered straight to your inbox? Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. Click to get this free report Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. Technology has turned out to be the most profitable sector in 2023, driven by the artificial intelligence (AI) boom, easing inflation, a surge in “Magnificent Seven” stocks and a crypto rally.
Click to get this free report Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. These are VanEck Vectors Digital Transformation ETF DAPP, Valkyrie Bitcoin Miners ETF WGMI, ARK Next Generation Internet ETF (ARKW), VanEck Vectors Semiconductor ETF SMH and SPDR NYSE Technology ETF XNTK.
Click to get this free report Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. These are VanEck Vectors Digital Transformation ETF DAPP, Valkyrie Bitcoin Miners ETF WGMI, ARK Next Generation Internet ETF (ARKW), VanEck Vectors Semiconductor ETF SMH and SPDR NYSE Technology ETF XNTK.
Together, the seven stocks — Apple AAPL, Microsoft MSFT, Alphabet GOOG, Amazon AMZN, Nvidia NVDA, Tesla TSLA and Meta Platforms (META) — are up around 70% this year. Click to get this free report Alphabet Inc. (GOOG) : Free Stock Analysis Report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report VanEck Semiconductor ETF (SMH): ETF Research Reports SPDR NYSE Technology ETF (XNTK): ETF Research Reports VanEck Digital Transformation ETF (DAPP): ETF Research Reports Valkyrie Bitcoin Miners ETF (WGMI): ETF Research Reports To read this article on Zacks.com click here. These are VanEck Vectors Digital Transformation ETF DAPP, Valkyrie Bitcoin Miners ETF WGMI, ARK Next Generation Internet ETF (ARKW), VanEck Vectors Semiconductor ETF SMH and SPDR NYSE Technology ETF XNTK.
12139.0
2023-12-11 00:00:00 UTC
Here’s What to Expect From Apple Stock in 2024
AAPL
https://www.nasdaq.com/articles/heres-what-to-expect-from-apple-stock-in-2024
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. However, this doesn’t guarantee similar results for Apple’s investors in 2024. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. It’s amazing to consider how quickly Apple’s market capitalization swelled from $2 trillion to $3 trillion. Getting Apple’s market cap to $4 trillion might not be so quick or easy. Ultimately, Apple’s shareholders should expect decent returns over the long run, but also need to acknowledge Apple’s challenges in the coming year. Apple’s Shift Away From China Relations between the U.S. and China were strained in 2023, and the situation might not get any better next year. This is relevant, as China has banned government officials from using Apple’s iPhones at work. Plus, the U.S. government has limited the exports of certain technology components to China. Amid this tense backdrop, Apple is taking actions to shift its operations away from China. In particular, the company has its eye on India as a major source of components. According to The Wall Street Journal, Apple “and its suppliers aim to build over 50 million iPhones in India annually within the next two to three years,” followed by an “additional tens of millions of units after that.” Furthermore, Apple is in the process of moving its iPad product-development operations from China to Vietnam. This may be a savvy move for Apple, especially if Sino-U.S. relations deteriorate during the coming quarters. Going forward, investors should keep tabs on Apple’s production costs to see if the company’s operational shifts have a positive long-term impact on Apple’s financials. Serious Concerns for AAPL Stock Investors There’s no denying that AAPL stock ran fast in 2023. Do Apple’s fundamentals justify the share-price move, though? It’s a question that one particular analysts wants investors to consider. Barclays Senior Analyst Tim Long said that he struggles with Apple’s “multiple and valuation.” Not long ago, Apple’s trailing 12-month price-to-earnings ratio was above 31x, versus Apple’s five-year average P/E ratio of 26.42x. Long observed that Apple’s near-term forecasts aren’t highly optimistic. “They’ve basically lowered guidance maybe four quarters in a row. They don’t give official guidance, but numbers have come down for four quarters in a row,” Long stated. Along with that, Long sees soft demand for Apple’s products, and especially the iPhone, in China. Notably, Apple’s revenue from China fell 2.5% year over year in the company’s most recently reported quarter. Be Cautiously Optimistic With AAPL Stock You might or might not agree with Long, who concluded that Apple’s “fundamentals are not good.” Still, it’s reasonable to be concerned that Apple may be somewhat overvalued after this year’s powerful share-price rally. Apple has its share of challenges to overcome, but the company will probably continue to grow its market cap in the long term. Therefore, AAPL stock earns a “B” grade. Investors may choose to hold their Apple shares and possibly add to their positions, but there’s no need to over-invest in Apple right now. On the date of publication, neither Louis Navellier nor the InvestorPlace Research Staff member primarily responsible for this article held (either directly or indirectly) any positions in the securities mentioned in this article. More From InvestorPlace Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The #1 AI Investment Might Be This Company You’ve Never Heard Of The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post Here’s What to Expect From Apple Stock in 2024 appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to. Serious Concerns for AAPL Stock Investors There’s no denying that AAPL stock ran fast in 2023.
InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. Serious Concerns for AAPL Stock Investors There’s no denying that AAPL stock ran fast in 2023. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to.
Be Cautiously Optimistic With AAPL Stock You might or might not agree with Long, who concluded that Apple’s “fundamentals are not good.” Still, it’s reasonable to be concerned that Apple may be somewhat overvalued after this year’s powerful share-price rally. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to.
Be Cautiously Optimistic With AAPL Stock You might or might not agree with Long, who concluded that Apple’s “fundamentals are not good.” Still, it’s reasonable to be concerned that Apple may be somewhat overvalued after this year’s powerful share-price rally. InvestorPlace - Stock Market News, Stock Advice & Trading Tips As a member of the “Magnificent Seven,” Apple (NASDAQ:AAPL) earned the market’s favor throughout 2023. Overall, the outlook for AAPL stock is good and we’re assigning it a “B” grade, but there’s no urgency to buy it now if you don’t want to.
12175.0
2023-12-10 00:00:00 UTC
1 Artificial Intelligence (AI) Stock Set to Join Apple, Amazon, Microsoft, Alphabet, and Nvidia in the $1 Trillion Club
AAPL
https://www.nasdaq.com/articles/1-artificial-intelligence-ai-stock-set-to-join-apple-amazon-microsoft-alphabet-and-nvidia
Every company in the $1 trillion club is investing heavily in artificial intelligence (AI). Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. The company pours around $1 billion annually into developing new AI technologies. Amazon (NASDAQ: AMZN) is the leading cloud computing platform, and it just unveiled its new Trainium 2 chip design to enable developers to train their large language models while using less computing power. It also announced a new partnership with Nvidia (NASDAQ: NVDA). Microsoft (NASDAQ: MSFT) positioned itself as a top choice for AI developers when it increased its investment in OpenAI earlier this year, garnering a 49% stake in the leading AI developer. Its generative AI-powered Copilot service is seeing great momentum across multiple enterprise applications. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is developing its own large language model to power its services and provides a cloud computing platform for developers to train and run their own AI applications. Nvidia is the leading AI chipmaker. Leading-edge developers use its graphics processing units (GPUs) to train their AI models. It should be no surprise, then, that one of the most promising stocks to join the group with market caps exceeding $1 trillion is also spending heavily to develop artificial intelligence and apply it to its products. In fact, there might not be anyone developing an AI as advanced as Meta Platform's (NASDAQ: META), and the market may be underappreciating its potential. Image source: Getty Images. Pushing generative AI forward Meta CEO Mark Zuckerberg has practically transformed his company from a social media platform provider to an AI innovator. "AI will be our biggest investment area in 2024 -- both in engineering and compute resources," he told analysts during Meta's third-quarter earnings call. Not only that, he's shifting headcount from other areas, deprioritizing non-AI projects to facilitate the investment in artificial intelligence. So far, the investments have paid off. The company released its Llama 2 large language model over the summer and made it open source. Developers have taken it and produced results that can compete with the leading private AI models, like OpenAI's GPT-4. That could lead to further advancements in Meta's development of Llama 3, which could come as early as the first half of 2024. But Meta has a big advantage over many of the existing members of the $1 trillion club. It is its own biggest AI customer. While Microsoft pushes its Copilot features to its enterprise software customers, Nvidia must convince companies they need its chips, and cloud providers have to win customers for their compute space, Meta doesn't really sell its AI developments. It's simply making its products better Meta's machine-learning AI, which it's been working on for over a decade, got a massive investment boost after Meta released Reels on Instagram and Facebook. The algorithm is increasingly responsible for what you see on Facebook or Instagram. Meta says AI-recommended content increased overall engagement by 7% on Facebook and 6% on Instagram this year. Considering the average American spends over an hour per day across those two platforms, that's a lot of added minutes. It's also responsible for Reels driving incremental time spent on Instagram and now reaching a revenue-neutral impact for Instagram. Meta also uses generative AI to help businesses craft more effective advertisements on Facebook and Instagram. It can do anything from suggesting better wording to testing hundreds of variations of an ad to find the optimal choice. Generative AI can help marketers eke out that extra level of conversions to make ads more valuable. But the biggest developments may be yet to come. Meta unveiled several new AI features at its Meta Connect conference in September. One of the most promising features was Meta's AI studio for businesses. The feature makes it easy for businesses to create more effective chatbots for WhatsApp and Messenger. Driving users from Instagram or Facebook to one of Meta's messaging apps is already a $10 billion business, but Zuckerberg thinks messaging could be much bigger. Making it easier for businesses to access the most powerful features of its business messaging services could drive tens of billions more in revenue for the company. Down the road, it's easy to see Meta incorporating generative AI to make the metaverse more appealing with lifelike avatars and environments. For now, though, it's already using its AI investments to show meaningful revenue growth. Indeed, Meta's advertising revenue grew 23.5% in the third quarter. That far outpaces Google's 9.5% year-over-year improvement and comes close to Amazon's 25% growth off a much smaller base. The stock price is really attractive Despite the stock's strong performance in 2023, investors can still get a deal on Meta's stock. Shares trade for just 22.5 times its earnings estimate for the next 12 months. To put that in perspective, here are the forward PE ratios of everyone else in the $1 trillion club. COMPANY FORWARD PE Apple 29.6 Microsoft 32.8 Amazon 54.5 Alphabet 24.1 Nvidia 37.3 Meta 22.5 Table source: author. Data source: YCharts. PE = price to earnings. I'm not saying any of the members of the $1 trillion club are overvalued (at least not in this article). But Meta's shares look undervalued by comparison. As a leading innovator in AI that's using its development to drive accelerating revenue growth and higher profits, the stock looks poised to hit the milestone again in the near future. Shares will have to climb about 21% to reach $1 trillion, and that looks well within reach for Meta. 10 stocks we like better than Meta Platforms When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Meta Platforms wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of December 4, 2023 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Adam Levy has positions in Alphabet, Amazon, Apple, Meta Platforms, and Microsoft. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. It should be no surprise, then, that one of the most promising stocks to join the group with market caps exceeding $1 trillion is also spending heavily to develop artificial intelligence and apply it to its products. "AI will be our biggest investment area in 2024 -- both in engineering and compute resources," he told analysts during Meta's third-quarter earnings call.
Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is developing its own large language model to power its services and provides a cloud computing platform for developers to train and run their own AI applications. Pushing generative AI forward Meta CEO Mark Zuckerberg has practically transformed his company from a social media platform provider to an AI innovator.
Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. Microsoft (NASDAQ: MSFT) positioned itself as a top choice for AI developers when it increased its investment in OpenAI earlier this year, garnering a 49% stake in the leading AI developer. In fact, there might not be anyone developing an AI as advanced as Meta Platform's (NASDAQ: META), and the market may be underappreciating its potential.
Apple (NASDAQ: AAPL) touted several AI-powered features in its latest iOS update and new iPhone release. Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) is developing its own large language model to power its services and provides a cloud computing platform for developers to train and run their own AI applications. Meta also uses generative AI to help businesses craft more effective advertisements on Facebook and Instagram.
12183.0
2023-12-09 00:00:00 UTC
3 Growth Stocks Primed for a 2024 Breakout
AAPL
https://www.nasdaq.com/articles/3-growth-stocks-primed-for-a-2024-breakout
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growth stocks are back on the menu. The past year saw investors cycle portfolios through fixed-income offerings, dividend stocks, and value stocks in rapid succession. But renewed bullish sentiment, boosted by better-than-expected economic conditions, means investors are looking forward to a rate hike pause (if not outright cut) which bodes well for growth stocks in 2024. Generally, if you want the best growth stock opportunity, look to small caps. The Russell 2000 didn’t perform as well as its large-cap cousin the S&P 500 this year as small-caps bore the brunt of bearish fear. But those same stocks could bounce back fastest as we cross into 2024. If you do want to hold a stabler growth stock, though, be careful — some of the top tech stocks are grossly overvalued, so balance prospects with pricing before pulling the trigger. AST SpaceMobile (ASTS) Source: Andrey Suslov / Shutterstock.com AST SpaceMobile (NASDAQ:ASTS) is one growth stock priming itself early for a 2024 breakout. Shares surged 25% over the past month, though little new news came to the fore. Investors are simply very bullish on the prospects for this space stock. The company marked a major milestone in September after completing, in conjunction with AT&T (NYSE:T), the world’s first satellite-enabled 5G call from unmodified cell phones. While mega-firms like SpaceX are making global Internet connectivity their space-based goal, AST SpaceMobile sets its sights on a more urgent and pressing need — reliable cell connectivity in remote and rural areas that doesn’t rely on pricy satphones. That market, potential consumers too far from cell coverage, is more than 1 billion. That’s a massive market and one that AST SpaceMobile is aggressively targeting as one of the few space-based cell providers racing to market. AST SpaceMobile plans to launch its first five commercial satellites in 2024. If all goes according to plan, this growth stock could go stratospheric. RocketLab (RKLB) Source: T. Schneider / Shutterstock.com Space is set to be a $1 trillion industry, so it’s no wonder I’m including RocketLab (NASDAQ:RKLB) as another growth stock ready to rocket in 2024. The company’s projects mark a perfect blend of scientific research and commercial productization, setting itself up for a diverse client base and frequent launches. This week, the firm inked a deal with the Korea Advance Institute of Science and Technology to send an observational research satellite into orbit. RocketLab’s 2024 launch docket is already full, and a successful year will set the growth stock up for stratospheric growth in 2024 and beyond. The company’s stock dipped earlier in the year after its first satellite launch failure in more than two years. Shares trade at nearly half of pre-failure pricing, but there’s been little since then to explain the seemingly bearish sentiment. Investors looking for a moonshot stock should start accumulating now while it’s still cheap. Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) has strong staying power, making it a mature growth stock ready for a strong 2024. After hitting a $1 trillion market cap, per-share pricing remains largely unchanged. Considering the year’s volatility and reduced consumer confidence, coupled with calls of overvaluation, Apple’s stability bodes well for 2024. Holiday sales mark an obvious benefit to Apple’s bottom line in the short term, but the company’s rapid penetration into Asian markets assures its staying power. Analyst Dan Ives shook off claims that Asian markets would falter this year, saying he’s seeing consistent demand and sales throughout China and elsewhere. Apple’s market share in this critical region consistently rose over the past few years, with 2023 as a slim exception, but the company holds just 16% of the total addressable market. This means there’s plenty of room for further upside for this growth stock. Despite its steep price, analysts remain hot on Apple stock. 74% of polled analysts mark Apple as a Buy, with just one calling for investors to Sell. Consensus indicates per-share pricing fair value is closer to $200, so there’s still room for Apple to grow. On the date of publication, Jeremy Flint held no positions in the securities mentioned. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Jeremy Flint, an MBA graduate and skilled finance writer, excels in content strategy for wealth managers and investment funds. Passionate about simplifying complex market concepts, he focuses on fixed-income investing, alternative investments, economic analysis, and the oil, gas, and utilities sectors. Jeremy’s work can also be found at www.jeremyflint.work. More From InvestorPlace The #1 AI Investment Might Be This Company You’ve Never Heard Of Musk’s “Project Omega” May Be Set to Mint New Millionaires. Here’s How to Get In. The Rich Use This Income Secret (NOT Dividends) Far More Than Regular Investors The post 3 Growth Stocks Primed for a 2024 Breakout appeared first on InvestorPlace. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) has strong staying power, making it a mature growth stock ready for a strong 2024. But renewed bullish sentiment, boosted by better-than-expected economic conditions, means investors are looking forward to a rate hike pause (if not outright cut) which bodes well for growth stocks in 2024. The company’s projects mark a perfect blend of scientific research and commercial productization, setting itself up for a diverse client base and frequent launches.
Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) has strong staying power, making it a mature growth stock ready for a strong 2024. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growth stocks are back on the menu. AST SpaceMobile (ASTS) Source: Andrey Suslov / Shutterstock.com AST SpaceMobile (NASDAQ:ASTS) is one growth stock priming itself early for a 2024 breakout.
Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) has strong staying power, making it a mature growth stock ready for a strong 2024. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growth stocks are back on the menu. AST SpaceMobile (ASTS) Source: Andrey Suslov / Shutterstock.com AST SpaceMobile (NASDAQ:ASTS) is one growth stock priming itself early for a 2024 breakout.
Apple (AAPL) Source: sylv1rob1 / Shutterstock.com Apple (NASDAQ:AAPL) has strong staying power, making it a mature growth stock ready for a strong 2024. InvestorPlace - Stock Market News, Stock Advice & Trading Tips Growth stocks are back on the menu. Investors are simply very bullish on the prospects for this space stock.
12187.0
2023-12-08 00:00:00 UTC
American Micro Devices Stock Spikes Thanks to Artificial Intelligence (AI), Yet There's More to the Story
AAPL
https://www.nasdaq.com/articles/american-micro-devices-stock-spikes-thanks-to-artificial-intelligence-ai-yet-theres-more
In today's video, I discuss recent AI updates affecting Advanced Micro Devices (NASDAQ: AMD). Check out the short video to learn more, consider subscribing, and click the special offer link below. *Stock prices used were the market prices of Dec. 7, 2023. The video was published on Dec. 7, 2023. Should you invest $1,000 in Advanced Micro Devices right now? Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Advanced Micro Devices wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Stock Advisor provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month. The Stock Advisor service has nearly quadrupled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 7, 2023 Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Qualcomm. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
In today's video, I discuss recent AI updates affecting Advanced Micro Devices (NASDAQ: AMD). Check out the short video to learn more, consider subscribing, and click the special offer link below. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Qualcomm.
Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Advanced Micro Devices wasn't one of them. See the 10 stocks *Stock Advisor returns as of December 7, 2023 Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel.
Before you buy stock in Advanced Micro Devices, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Advanced Micro Devices wasn't one of them. See the 10 stocks *Stock Advisor returns as of December 7, 2023 Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool recommends Intel and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, and short February 2024 $47 calls on Intel.
The Stock Advisor service has nearly quadrupled the return of S&P 500 since 2002*. See the 10 stocks *Stock Advisor returns as of December 7, 2023 Jose Najarro has positions in Advanced Micro Devices, Nvidia, and Qualcomm. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Nvidia, and Qualcomm.
12199.0
2023-12-07 00:00:00 UTC
US STOCKS-Nasdaq ends sharply higher as Alphabet and AMD fuel AI surge
AAPL
https://www.nasdaq.com/articles/us-stocks-nasdaq-ends-sharply-higher-as-alphabet-and-amd-fuel-ai-surge
(Updated at 4:10 p.m. ET/ 2110 GMT) * Investors cheer Alphabet's new AI model * Advanced Micro Devices climbs after AI-chip market forecast * Weekly jobless claims lower than expected * Indexes: S&P 500 +0.80%, Nasdaq +1.37%, Dow +0.18% * By Noel Randewich and Shristi Achar A Dec 7 (Reuters) - The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices sparked a megacap rally on fresh optimism about artificial intelligence. Shares of Alphabet jumped 5.3% as analysts cheered the launch of the Google-parent's newest AI model, while AMD soared nearly 10% after the company estimated the potential market for its data center AI chips could reach $45 billion this year. Other heavyweight tech-related stocks also gained, with Nvidia and Meta Platforms rising over 2%, Amazon up 1.6% and Apple 1% higher. The Philadelphia semiconductor index <.SOX> jumped 2.8%, increasing its 2023 gain to 48%, much of that fueled by bets about the future of AI. "Today it's an AMD-Google rally. There's a contagion effect across the market. Everyone wants to get on the bandwagon," said Jay Hatfield, CEO of Infrastructure Capital Management in New York. "We're kind of in this weird market, a tag-team market, where one day tech leads, and then the next day value and the broad market lead." The S&P 500 <.SPX> has steadily climbed since the end of October on expectations the Federal Reserve has finished its campaign of interest rate hikes and that it could begin cutting rates in March. The S&P 500 climbed 0.80% to end the session at 4,585.59 points, with 1.8 stocks in the index gaining for each one that fell. The most traded stock in the S&P 500 was Tesla , with $25.7 billion worth of shares changing hands during the session. The shares rose 1.37%. The Nasdaq Composite <.IXIC> jumped 1.37% to 14,339.99 points, while Dow Jones Industrial Average <.DJI> rose 0.18% to 36,117.57 points. Volume on U.S. exchanges was relatively heavy, with 11.2 billion shares traded, compared to an average of 10.8 billion shares over the previous 20 sessions. Traders have almost fully priced in the likelihood of the Fed keeping rates unchanged at its meeting next week. Data on Thursday showed the number of Americans filing new claims for unemployment benefits increased less than expected last week to a seasonally adjusted 220,000 for the week. A Labor Department jobs report due on Friday could hint at how quickly the U.S. economy is softening and may sway expectations about when the Fed is likely to begin cutting rates. Non-farm payrolls are expected to have increased by 180,000 jobs last month after rising by 150,000 in October. Interest rate futures imply a nearly 64% chance of a rate cut as soon as March, according to the CME Group's FedWatch tool. Limiting gains in the Dow, shares of Merck fell 1.7% after the drugmaker's immunotherapy combination failed in a lung cancer study. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Chips vs S&P 500 over past 24 months https://tmsnrt.rs/489vb2b ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Amruta Khandekar and Shristi Achar A in Bangalore and by Noel Randewich in Oakland, Calif.; Editing by Saumyadeb Chakrabarty, Anil D'Silva and Richard Chang) (([email protected])) Keywords: USA STOCKS/ (UPDATE 7) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Noel Randewich and Shristi Achar A Dec 7 (Reuters) - The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices sparked a megacap rally on fresh optimism about artificial intelligence. A Labor Department jobs report due on Friday could hint at how quickly the U.S. economy is softening and may sway expectations about when the Fed is likely to begin cutting rates. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Chips vs S&P 500 over past 24 months https://tmsnrt.rs/489vb2b ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^> (Reporting by Amruta Khandekar and Shristi Achar A in Bangalore and by Noel Randewich in Oakland, Calif.; Editing by Saumyadeb Chakrabarty, Anil D'Silva and Richard Chang) (([email protected]))
By Noel Randewich and Shristi Achar A Dec 7 (Reuters) - The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices sparked a megacap rally on fresh optimism about artificial intelligence. The S&P 500 climbed 0.80% to end the session at 4,585.59 points, with 1.8 stocks in the index gaining for each one that fell. The Nasdaq Composite <.IXIC> jumped 1.37% to 14,339.99 points, while Dow Jones Industrial Average <.DJI> rose 0.18% to 36,117.57 points.
By Noel Randewich and Shristi Achar A Dec 7 (Reuters) - The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices sparked a megacap rally on fresh optimism about artificial intelligence. Shares of Alphabet jumped 5.3% as analysts cheered the launch of the Google-parent's newest AI model, while AMD soared nearly 10% after the company estimated the potential market for its data center AI chips could reach $45 billion this year. The S&P 500 <.SPX> has steadily climbed since the end of October on expectations the Federal Reserve has finished its campaign of interest rate hikes and that it could begin cutting rates in March.
By Noel Randewich and Shristi Achar A Dec 7 (Reuters) - The Nasdaq ended sharply higher on Thursday after Alphabet and Advanced Micro Devices sparked a megacap rally on fresh optimism about artificial intelligence. The S&P 500 climbed 0.80% to end the session at 4,585.59 points, with 1.8 stocks in the index gaining for each one that fell. Data on Thursday showed the number of Americans filing new claims for unemployment benefits increased less than expected last week to a seasonally adjusted 220,000 for the week.
12218.0
2023-12-06 00:00:00 UTC
ROKU Collaborates With Tennis Channel to Launch T2 in the US
AAPL
https://www.nasdaq.com/articles/roku-collaborates-with-tennis-channel-to-launch-t2-in-the-us
Roku Inc. ROKU has announced a collaboration with Tennis Channel to launch T2, the sports network's second channel, on The Roku Channel in the United States. T2 is set to provide free and year-round access to live coverage of top tennis players and signature events for the vast audience of The Roku Channel, reaching an estimated 100 million people. For convenient access, viewers can easily navigate T2 through the Sports Experience on Roku's Home Screen. This feature simplifies the discovery and access of live, upcoming and on-demand sports content, enhancing engagement and awareness for Roku's content partners while providing a personalized viewing experience. T2's yearly live and encore calendar aligns with most tournaments covered by Tennis Channel, showcasing different matches and players. This unique approach allows viewers with access to both channels to choose between simultaneous competitions from prestigious events, such as the BNP Paribas Open, Roland Garros, Miami Open, Monte-Carlo Masters, Italian Open, Canadian Open, Davis Cup and the Billie Jean King Cup. Shares of this Zacks Rank #3 (Hold) company have gained 158.5% year to date compared with the Zacks Consumer Discretionary sector’s rise of 12.4% due to its extensive collection of content. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Roku, Inc. Price and Consensus Roku, Inc. price-consensus-chart | Roku, Inc. Quote ROKU’s Recent Efforts to Boost Streaming Hours The company recently unveiled two fresh additions to the Roku Home Screen, such as All Things Food and All Things Home. These new destinations bring together top-notch food, home and lifestyle content from various sources on the platform, creating seamless and engaging discovery experiences. These new features are expected to boost streaming hours as well as platform revenues in the upcoming quarters. The Zacks Consensus Estimate for ROKU’s 2023 streaming hours is pegged at 105.33 billion, indicating a year-over-year increase of 340.7%. The consensus estimate for 2023 platform revenues is pegged at $2.9 billion, indicating a year-over-year increase of 7.38%. Designed for user convenience, these hubs offer straightforward navigation and personalized recommendations, simplifying the exploration and viewing of genre entertainment directly from the home screen. Both All Things Food and All Things Home will showcase a diverse array of streaming options within their respective categories, encompassing free and subscription-based services, live and linear TV, Premium Subscriptions, Roku Originals and more. These features were added due to a recent survey commissioned by Roku. This recent survey revealed that 64% of streamers rely on genre-based searches when looking for new content, emphasizing the significance of genre preferences in content discovery. According to the survey, nearly 73% of streamers feel that they spend excessive time trying to discover fresh content, underscoring the need for streamlined and efficient content exploration experiences. Roku faces tough competition from giants like Google GOOGL, Amazon AMZN and Apple AAPL. Google TV has significantly improved its user experience, addressing previous issues with the latest Chromecast model. This device supports a broad range of streaming apps, including popular ones like YouTube and Spotify. However, there may be some limitations in terms of storage management. Amazon Fire TV is deeply integrated into Amazon's ecosystem, giving priority to AMZN's content and featuring a robust voice interface. Yet, at times, it gives the impression of functioning more as an advertising platform for Amazon products rather than providing a diverse app and content ecosystem. Apple TV boasts a refined interface with its attention to detail. While it supports most apps, it appears that AAPL places a stronger emphasis on its Apple TV+ subscription service and app rather than focusing primarily on the hardware itself. Zacks Reveals ChatGPT "Sleeper" Stock One little-known company is at the heart of an especially brilliant Artificial Intelligence sector. By 2030, the AI industry is predicted to have an internet and iPhone-scale economic impact of $15.7 Trillion. As a service to readers, Zacks is providing a bonus report that names and explains this explosive growth stock and 4 other "must buys." Plus more. Download Free ChatGPT Stock Report Right Now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Roku, Inc. (ROKU) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Roku faces tough competition from giants like Google GOOGL, Amazon AMZN and Apple AAPL. While it supports most apps, it appears that AAPL places a stronger emphasis on its Apple TV+ subscription service and app rather than focusing primarily on the hardware itself. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Roku, Inc. (ROKU) : Free Stock Analysis Report To read this article on Zacks.com click here.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Roku, Inc. (ROKU) : Free Stock Analysis Report To read this article on Zacks.com click here. Roku faces tough competition from giants like Google GOOGL, Amazon AMZN and Apple AAPL. While it supports most apps, it appears that AAPL places a stronger emphasis on its Apple TV+ subscription service and app rather than focusing primarily on the hardware itself.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Roku, Inc. (ROKU) : Free Stock Analysis Report To read this article on Zacks.com click here. Roku faces tough competition from giants like Google GOOGL, Amazon AMZN and Apple AAPL. While it supports most apps, it appears that AAPL places a stronger emphasis on its Apple TV+ subscription service and app rather than focusing primarily on the hardware itself.
Roku faces tough competition from giants like Google GOOGL, Amazon AMZN and Apple AAPL. While it supports most apps, it appears that AAPL places a stronger emphasis on its Apple TV+ subscription service and app rather than focusing primarily on the hardware itself. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report Roku, Inc. (ROKU) : Free Stock Analysis Report To read this article on Zacks.com click here.
12238.0
2023-12-05 00:00:00 UTC
Dow Movers: PG, AAPL
AAPL
https://www.nasdaq.com/articles/dow-movers%3A-pg-aapl
In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.6%. Year to date, Apple registers a 48.1% gain. And the worst performing Dow component thus far on the day is Procter & Gamble, trading down 1.5%. Procter & Gamble is lower by about 1.1% looking at the year to date performance. Two other components making moves today are Intel, trading down 1.2%, and Verizon Communications, trading up 1.1% on the day. VIDEO: Dow Movers: PG, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
VIDEO: Dow Movers: PG, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.6%. And the worst performing Dow component thus far on the day is Procter & Gamble, trading down 1.5%.
VIDEO: Dow Movers: PG, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.6%. Year to date, Apple registers a 48.1% gain.
VIDEO: Dow Movers: PG, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. In early trading on Tuesday, shares of Apple topped the list of the day's best performing Dow Jones Industrial Average components, trading up 1.6%. And the worst performing Dow component thus far on the day is Procter & Gamble, trading down 1.5%.
VIDEO: Dow Movers: PG, AAPL The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. And the worst performing Dow component thus far on the day is Procter & Gamble, trading down 1.5%. Procter & Gamble is lower by about 1.1% looking at the year to date performance.
12260.0
2023-12-04 00:00:00 UTC
Floods, nine killed as southern India braces for Cyclone Michaung
AAPL
https://www.nasdaq.com/articles/floods-nine-killed-as-southern-india-braces-for-cyclone-michaung
By Jatindra Dash BHUBANESHWAR, India, Dec 5 (Reuters) - Heavy rains submerged roads in southern India on Tuesday, where at least nine people, including a child, were killed in the flooding and the havoc hours before a severe cyclone was due to make landfall. Cyclone Michaung is expected to hit the coast of Andhra Pradesh state around 11 a.m. local time (0530 GMT), the weather office said, gusting in with winds of up to 110 kph (70 mph). Parts of the state are expected to be pelted with more than 200 mm (8 inches) of rain over the next 24 hours, the weather office said, and at least 8,000 people have been evacuated. A 4-year-old boy died in Tirupati district after a wall fell, C. Nagaraju, executive director of the state's disaster management authority said, while eight people were killed in neighbouring Tamil Nadu state, officials said. In Tamil Nadu's capital Chennai, a major electronics and manufacturing hub, floodwaters swept away cars and submerged a runway, triggering the shutdown of one of India's busiest airports until Tuesday morning. The rains have stopped and water has receded at Chennai airport, and the airfield was operational from 9 a.m. local time, a spokesperson for the federal civil aviation ministry said. The rains and winds also snapped power lines and uprooted trees, officials said, and more than 140 trains and 40 flights were cancelled in Andhra Pradesh. Taiwan's Foxconn 2317.TW and Pegatron 4938.TW halted Apple AAPL.O iPhone production at their facilities near Chennai due to heavy rains, sources familiar with the matter said on Monday. In December 2015, floods in Tamil Nadu killed at least 290 people and caused widespread damage. (Reporting by Jatindra Dash and Rishika Sadam. Additional reporting by Aditi Shah, Writing by Shilpa Jamkhandikar; Editing by Miral Fahmy and Jacqueline Wong) (([email protected];)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Taiwan's Foxconn 2317.TW and Pegatron 4938.TW halted Apple AAPL.O iPhone production at their facilities near Chennai due to heavy rains, sources familiar with the matter said on Monday. Cyclone Michaung is expected to hit the coast of Andhra Pradesh state around 11 a.m. local time (0530 GMT), the weather office said, gusting in with winds of up to 110 kph (70 mph). In Tamil Nadu's capital Chennai, a major electronics and manufacturing hub, floodwaters swept away cars and submerged a runway, triggering the shutdown of one of India's busiest airports until Tuesday morning.
Taiwan's Foxconn 2317.TW and Pegatron 4938.TW halted Apple AAPL.O iPhone production at their facilities near Chennai due to heavy rains, sources familiar with the matter said on Monday. By Jatindra Dash BHUBANESHWAR, India, Dec 5 (Reuters) - Heavy rains submerged roads in southern India on Tuesday, where at least nine people, including a child, were killed in the flooding and the havoc hours before a severe cyclone was due to make landfall. Cyclone Michaung is expected to hit the coast of Andhra Pradesh state around 11 a.m. local time (0530 GMT), the weather office said, gusting in with winds of up to 110 kph (70 mph).
Taiwan's Foxconn 2317.TW and Pegatron 4938.TW halted Apple AAPL.O iPhone production at their facilities near Chennai due to heavy rains, sources familiar with the matter said on Monday. By Jatindra Dash BHUBANESHWAR, India, Dec 5 (Reuters) - Heavy rains submerged roads in southern India on Tuesday, where at least nine people, including a child, were killed in the flooding and the havoc hours before a severe cyclone was due to make landfall. A 4-year-old boy died in Tirupati district after a wall fell, C. Nagaraju, executive director of the state's disaster management authority said, while eight people were killed in neighbouring Tamil Nadu state, officials said.
Taiwan's Foxconn 2317.TW and Pegatron 4938.TW halted Apple AAPL.O iPhone production at their facilities near Chennai due to heavy rains, sources familiar with the matter said on Monday. By Jatindra Dash BHUBANESHWAR, India, Dec 5 (Reuters) - Heavy rains submerged roads in southern India on Tuesday, where at least nine people, including a child, were killed in the flooding and the havoc hours before a severe cyclone was due to make landfall. Cyclone Michaung is expected to hit the coast of Andhra Pradesh state around 11 a.m. local time (0530 GMT), the weather office said, gusting in with winds of up to 110 kph (70 mph).
12284.0
2023-12-03 00:00:00 UTC
After Soaring in 2023, Is Apple a Smart Stock to Buy in 2024?
AAPL
https://www.nasdaq.com/articles/after-soaring-in-2023-is-apple-a-smart-stock-to-buy-in-2024
It's been a great time to be an Apple (NASDAQ: AAPL) shareholder. The popular consumer tech business has seen its shares soar an impressive 46% this year. And the company now carries a market capitalization that's approaching $3 trillion. Zooming out, it's obvious that this FAANG stock has been a wildly successful investment, thanks in large part to a strong brand and outstanding financial performance. But as we look toward the new year, is Apple a smart stock to buy in 2024? Let's examine some important details that investors must consider. Positive traits abound Some might view Apple as one of the safest stocks to own. That's because of its superb balance sheet and net cash position of $51 billion. This will allow the company to navigate any recessionary periods with no issues at all, while at the same time investing in marketing and product development initiatives to bolster its competitive standing. Indeed, many new product and service updates will likely be launched in 2024, regardless of the economic backdrop. Apple's incredibly strong brand, which is estimated by Interbrand to be worth just over $500 billion, is precisely what sets this business apart. A history of innovation and the creation of in-demand products and services, characterized by the seamless connection of Apple's hardware and software, is viewed by consumers as a necessity for everyday life. I don't think any other company on the planet has the sort of standing with its customers that Apple does. This adds durability to the business model, raising the chances that Apple will still be a dominant enterprise a decade from now. But a key factor deserves attention However, the current setup for investors is an unfavorable one. "Be fearful when others are greedy," Warren Buffett has said. It appears as though Apple shareholders are very greedy right now. While Apple's gain in 2023 has the stock's bulls cheering loudly, it's interesting to see just where the rise has come from. Surprisingly, the share performance this year can be fully attributed to a higher price-to-earnings (P/E) multiple. What exactly is a stock's P/E ratio? It's a valuation methodology that takes the stock's price and compares it to its earnings per share. All else equal, a lower P/E multiple indicates a better value for investors. At the start of 2023, Apple's P/E ratio was under 22. Today, it stands at 31. This sizable multiple expansion matches closely the share price gain this year. In other words, Apple's fundamental performance, things like its revenue or earnings growth, have had no impact on the stock over the past 11 months. The rise in the share price can all be credited to a higher P/E ratio, which is the result of renewed investor enthusiasm following a down year for the market in 2022. It's an expensive stock right now It's a fair assessment to say that Apple's stock is significantly more expensive than it was at the start of the year. And this makes me hesitate to buy shares as we head into 2024. It looks like investor optimism is fully priced in, leaving zero margin of safety at these levels. What's discouraging about Apple is that its revenue in fiscal 2023 (ended Sept. 30) actually declined 2.8% from the prior fiscal year. This means that investors are being asked to pay a premium valuation for a business that is dealing with a slowdown. Of course, Apple could start to post accelerating revenue and earnings growth in a more robust economic environment. But it's impossible to predict when this will happen, which increases the downside risk for prospective investors looking to pay this high of a P/E multiple. Should Apple's valuation drop significantly, then the stock looks like a more attractive buying opportunity. But as we set our sights on the new year, it's best not to add this one to your portfolio right now. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 29, 2023 Neil Patel and his clients have no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
It's been a great time to be an Apple (NASDAQ: AAPL) shareholder. Zooming out, it's obvious that this FAANG stock has been a wildly successful investment, thanks in large part to a strong brand and outstanding financial performance. This will allow the company to navigate any recessionary periods with no issues at all, while at the same time investing in marketing and product development initiatives to bolster its competitive standing.
It's been a great time to be an Apple (NASDAQ: AAPL) shareholder. This sizable multiple expansion matches closely the share price gain this year. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
It's been a great time to be an Apple (NASDAQ: AAPL) shareholder. It's an expensive stock right now It's a fair assessment to say that Apple's stock is significantly more expensive than it was at the start of the year. 10 stocks we like better than Apple When our analyst team has a stock tip, it can pay to listen.
It's been a great time to be an Apple (NASDAQ: AAPL) shareholder. This sizable multiple expansion matches closely the share price gain this year. The rise in the share price can all be credited to a higher P/E ratio, which is the result of renewed investor enthusiasm following a down year for the market in 2022.
12299.0
2023-12-02 00:00:00 UTC
4 Soaring Stocks I'd Buy Without Any Hesitation
AAPL
https://www.nasdaq.com/articles/4-soaring-stocks-id-buy-without-any-hesitation
After a disappointing 2022 during which the U.S. stock market posted its worst performance of the last decade, Wall Street breathed a sigh of relief in 2023. Currently, the benchmark S&P 500 index has recovered nearly 28% from its lowest point of the bear market in October 2022. It is also only 5% below the all-time high it set in January 2022. When the benchmark index establishes a new all-time high, that will be a clear signal that a new bull market has begun. When the stock market is gearing up for a bull surge, it makes sense for retail investors to pick up stocks of high-quality companies with robust tailwinds. These four could prove attractive picks now. Nvidia Accelerated computing specialist Nvidia (NASDAQ: NVDA) has made a splash on Wall Street lately thanks to its cutting-edge artificial intelligence (AI) chips and software ecosystem. Ever since OpenAI's ChatGPT chatbot made its public debut, cloud service providers, consumer internet companies, and enterprises across the world have been racing against each other to solidify their positions in the generative AI space. Subsequently, demand for Nvidia's AI-optimized A100 and H100 chips has gone through the roof. In fact, Nvidia's leading AI chips are already sold out until 2024, which suggests that any short-term change in the market environment won't have a drastic impact on the company's near-term financial performance. Nvidia's strategy to combine multiple GPUs in a single HGX platform has also pushed up demand for its networking solutions. Furthermore, the company's Compute Unified Device Architecture (CUDA) software stack is currently being used by 4 million developers to program AI chips. Thanks to CUDA's first-mover advantage, developers have become very comfortable with Nvidia's software ecosystem -- and that makes them resistant to switching to chips from alternate players. According to a forecast by Fortune Business Insights, the AI market will grow from $515 billion in 2023 to over $2 trillion in 2030. With a tailwind of that magnitude behind it, Nvidia seems to be an obvious pick for long-term retail investors. Meta Platforms Meta Platforms' (NASDAQ: META) social media platforms (Facebook, Instagram, and WhatsApp) make it a force to be reckoned with in the digital advertising world. Their user base accounts for nearly 40% of the global population, so advertisers cannot afford to ignore these platforms. Besides, Meta is also leveraging its AI capabilities to improve content discovery for users and ad targeting for merchants. Meta is also gearing up to add new revenue streams. Once a major headwind, the company's short-video format Reels is expected to become a modest tailwind in 2024. The company is capitalizing on its WhatsApp user base of 200 million people through Click-to-WhatsApp advertising and paid messaging. So although the company's metaverse investments have been loss-making to date, there is still much to like about this company. Microsoft Microsoft (NASDAQ: MSFT), led by CEO Satya Nadella, has become a prominent AI player, in part thanks to its nearly $13 billion investment in ChatGPT developer OpenAI. The company has integrated AI technologies into several of its core offerings to improve their productivity and make them more cost-efficient. Prominent among them are Azure cloud computing platform, Bing search engine, and Microsoft 365 productivity suite. According to Evercore ISI analyst Kirk Materne, these AI offerings could add $100 billion in incremental revenues to Microsoft's top line by 2027. Also, the Azure cloud computing business is now stabilizing thanks to the normalization of cloud spending optimization trends. Furthermore, while the personal computing business has been under stress for the past few quarters, the global PC market is now showing signs of recovery -- which bodes well for Microsoft. Coupled with gradually improving financials and a solid balance sheet ($144 billion in cash equivalents and short-term investments versus $71 billion total debt), Microsoft seems an attractive buy now. Taiwan Semiconductor Manufacturing Leading third-party chip manufacturer Taiwan Semiconductor Manufacturing (NYSE: TSM) is a major beneficiary of technological trends such as cloud computing, the Internet of Things, edge computing, and autonomous driving. With the PC and smartphone markets (which provide the bulk of the current demand for TSMC's chips) witnessing gradual recoveries in the third quarter, and enterprises increasingly adopting data analytics and AI technologies, demand for semiconductor chips is set to rise at a dramatic pace. Elevated demand for 5nm chips and a strong ramp up of production of 3nm chips drove TSMC's revenue growth in the third quarter. This is not surprising considering that Nvidia's extremely sought-after H100 GPUs are manufactured using TSMC's 5nm process node. Apple (NASDAQ: AAPL), widely thought to be TSMC's largest customer, has released iPhone 15 Pro and Pro Max models powered by 3nm chips. Nvidia is also gearing up to adopt 3nm chips in its next-generation Blackwell B100 GPU, which is scheduled for launch in 2024. TSMC expects the market for its 3nm chips to be nearly $1.5 trillion. These near-term tailwinds make TSMC a prominent pick now. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 27, 2023 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Manali Bhade has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple (NASDAQ: AAPL), widely thought to be TSMC's largest customer, has released iPhone 15 Pro and Pro Max models powered by 3nm chips. Ever since OpenAI's ChatGPT chatbot made its public debut, cloud service providers, consumer internet companies, and enterprises across the world have been racing against each other to solidify their positions in the generative AI space. In fact, Nvidia's leading AI chips are already sold out until 2024, which suggests that any short-term change in the market environment won't have a drastic impact on the company's near-term financial performance.
Apple (NASDAQ: AAPL), widely thought to be TSMC's largest customer, has released iPhone 15 Pro and Pro Max models powered by 3nm chips. Taiwan Semiconductor Manufacturing Leading third-party chip manufacturer Taiwan Semiconductor Manufacturing (NYSE: TSM) is a major beneficiary of technological trends such as cloud computing, the Internet of Things, edge computing, and autonomous driving. With the PC and smartphone markets (which provide the bulk of the current demand for TSMC's chips) witnessing gradual recoveries in the third quarter, and enterprises increasingly adopting data analytics and AI technologies, demand for semiconductor chips is set to rise at a dramatic pace.
Apple (NASDAQ: AAPL), widely thought to be TSMC's largest customer, has released iPhone 15 Pro and Pro Max models powered by 3nm chips. When the stock market is gearing up for a bull surge, it makes sense for retail investors to pick up stocks of high-quality companies with robust tailwinds. With the PC and smartphone markets (which provide the bulk of the current demand for TSMC's chips) witnessing gradual recoveries in the third quarter, and enterprises increasingly adopting data analytics and AI technologies, demand for semiconductor chips is set to rise at a dramatic pace.
Apple (NASDAQ: AAPL), widely thought to be TSMC's largest customer, has released iPhone 15 Pro and Pro Max models powered by 3nm chips. When the stock market is gearing up for a bull surge, it makes sense for retail investors to pick up stocks of high-quality companies with robust tailwinds. These near-term tailwinds make TSMC a prominent pick now.
12303.0
2023-12-01 00:00:00 UTC
Best Blue Chip Stocks To Invest In Right Now? 2 In Focus
AAPL
https://www.nasdaq.com/articles/best-blue-chip-stocks-to-invest-in-right-now-2-in-focus
Blue-chip stocks are shares of well-established, financially sound companies with a history of stable earnings. These companies are often market leaders or among the top in their sectors. Characterized by their large market capitalization, blue-chip stocks are known for their reliability and strong track record. They are often included in major stock indices. Investing in blue-chip stocks offers several advantages. These stocks typically provide consistent dividends, contributing to steady income for investors. Their long-standing market presence suggests a lower risk of volatility. This makes them a popular choice for conservative investors. However, there are also disadvantages. Blue-chip stocks may have slower growth compared to emerging companies. Their size can limit their potential for rapid expansion. When considering blue-chip stocks, investors should weigh their investment goals. These stocks can be a cornerstone for a long-term, stable portfolio. Yet, their conservative nature might not suit those seeking high growth rates. As with any investment, diversification is key. Keeping this on top of mind, let’s look at two blue chip stocks to watch in the stock market today. Blue Chip Stocks To Buy [Or Avoid] Today McDonald’s Corporation (NYSE: MCD) Apple Inc. (NASDAQ: AAPL) McDonald’s Corporation (MCD Stock) Let’s start with McDonald’s Corporation (MCD). The company is a global fast-food chain, renowned for its hamburgers, fries, and quick-service meals. McDonald’s is one of the world’s largest restaurant chains, with outlets in over 100 countries. McDonald’s is known for its standardized menu items and for pioneering the franchise model in the fast-food industry. Last month, McDonald’s Corporation announced its decision to acquire Carlyle’s minority ownership stake in the strategic partnership managing McDonald’s business in mainland China, Hong Kong, and Macau. The announcement, made on November 20, 2023, detailed that while the CITIC Consortium, primarily through CITIC Capital, would maintain its controlling 52% stake, McDonald’s would increase its stake from 20% to 48%. This move marks a significant adjustment in McDonald’s involvement in its Chinese operations. In the last month of trading action, shares of MCD have advanced by 8.36%. Meanwhile, during Friday morning’s trading session, McDonald’s stock is trading slightly higher on the day so far by 0.72%, trading at $283.88 a share. [Read More] 2 Dow 30 Stocks For Your December 2023 Watchlist Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a multinational technology company that specializes in consumer electronics, software, and online services. Apple’s key products include the iPhone, iPad, Mac computers, and services like the App Store, Apple Music, and iCloud. At the beginning of last month, Apple reported better-than-expected fourth-quarter 2023 financial results. Diving in, the company notched in earnings of $1.46 per share, along with revenue of $89.50 billion for Q4 2023. This is versus consensus estimates for the quarter which were earnings of $1.39 per share, with revenue estimates of $84.69 billion. Over the last month of trading, shares of AAPL stock have gained by 9.29%. Moreover, during Friday morning’s trading session, Apple stock opened modestly higher by 0.11% so far, currently trading at $190.18 a share. If you enjoyed this article and you’re interested in learning how to trade so you can have the best chance to profit consistently then you need to checkout this YouTube channel. CLICK HERE RIGHT NOW!! The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Blue Chip Stocks To Buy [Or Avoid] Today McDonald’s Corporation (NYSE: MCD) Apple Inc. (NASDAQ: AAPL) McDonald’s Corporation (MCD Stock) Let’s start with McDonald’s Corporation (MCD). [Read More] 2 Dow 30 Stocks For Your December 2023 Watchlist Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a multinational technology company that specializes in consumer electronics, software, and online services. Over the last month of trading, shares of AAPL stock have gained by 9.29%.
Blue Chip Stocks To Buy [Or Avoid] Today McDonald’s Corporation (NYSE: MCD) Apple Inc. (NASDAQ: AAPL) McDonald’s Corporation (MCD Stock) Let’s start with McDonald’s Corporation (MCD). [Read More] 2 Dow 30 Stocks For Your December 2023 Watchlist Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a multinational technology company that specializes in consumer electronics, software, and online services. Over the last month of trading, shares of AAPL stock have gained by 9.29%.
Blue Chip Stocks To Buy [Or Avoid] Today McDonald’s Corporation (NYSE: MCD) Apple Inc. (NASDAQ: AAPL) McDonald’s Corporation (MCD Stock) Let’s start with McDonald’s Corporation (MCD). [Read More] 2 Dow 30 Stocks For Your December 2023 Watchlist Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a multinational technology company that specializes in consumer electronics, software, and online services. Over the last month of trading, shares of AAPL stock have gained by 9.29%.
Over the last month of trading, shares of AAPL stock have gained by 9.29%. Blue Chip Stocks To Buy [Or Avoid] Today McDonald’s Corporation (NYSE: MCD) Apple Inc. (NASDAQ: AAPL) McDonald’s Corporation (MCD Stock) Let’s start with McDonald’s Corporation (MCD). [Read More] 2 Dow 30 Stocks For Your December 2023 Watchlist Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a multinational technology company that specializes in consumer electronics, software, and online services.
12323.0
2023-11-30 00:00:00 UTC
UK antitrust regulator wins appeal over Apple probe
AAPL
https://www.nasdaq.com/articles/uk-antitrust-regulator-wins-appeal-over-apple-probe
Adds details from ruling and CMA comment in paragraphs 4-6 LONDON, Nov 30 (Reuters) - Britain's antitrust regulator won an appeal on Thursday against a ruling blocking its investigation into Apple Inc's AAPL.O mobile browser and cloud gaming services. The Competition and Markets Authority (CMA) opened a full investigation last year into the dominance of Apple and Alphabet Inc's Google GOOGL.O in mobile browsers, and the possibility of the iPhone maker restricting the cloud gaming market through its app store. Apple argued that the CMA had "no power" to launch such an inquiry because it did so too late and the Competition Appeal Tribunal (CAT) ruled in Apple's favour in March, but the Court of Appeal in London overturned that decision on Thursday. Judge Nicholas Green said in a written ruling that the CAT had "lost sight" of the CMA's role to "promote competition and protect consumers". Sarah Cardell, chief executive of the CMA, welcomed the decision which she said "gives the CMA the backing it needs to protect consumers and promote competition in UK". She added that the CMA is ready to reopen the investigation "when the legal process is complete". (Reporting by Sam Tobin; editing by Michael Holden) (([email protected];)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Adds details from ruling and CMA comment in paragraphs 4-6 LONDON, Nov 30 (Reuters) - Britain's antitrust regulator won an appeal on Thursday against a ruling blocking its investigation into Apple Inc's AAPL.O mobile browser and cloud gaming services. The Competition and Markets Authority (CMA) opened a full investigation last year into the dominance of Apple and Alphabet Inc's Google GOOGL.O in mobile browsers, and the possibility of the iPhone maker restricting the cloud gaming market through its app store. Judge Nicholas Green said in a written ruling that the CAT had "lost sight" of the CMA's role to "promote competition and protect consumers".
Adds details from ruling and CMA comment in paragraphs 4-6 LONDON, Nov 30 (Reuters) - Britain's antitrust regulator won an appeal on Thursday against a ruling blocking its investigation into Apple Inc's AAPL.O mobile browser and cloud gaming services. Apple argued that the CMA had "no power" to launch such an inquiry because it did so too late and the Competition Appeal Tribunal (CAT) ruled in Apple's favour in March, but the Court of Appeal in London overturned that decision on Thursday. Sarah Cardell, chief executive of the CMA, welcomed the decision which she said "gives the CMA the backing it needs to protect consumers and promote competition in UK".
Adds details from ruling and CMA comment in paragraphs 4-6 LONDON, Nov 30 (Reuters) - Britain's antitrust regulator won an appeal on Thursday against a ruling blocking its investigation into Apple Inc's AAPL.O mobile browser and cloud gaming services. The Competition and Markets Authority (CMA) opened a full investigation last year into the dominance of Apple and Alphabet Inc's Google GOOGL.O in mobile browsers, and the possibility of the iPhone maker restricting the cloud gaming market through its app store. Apple argued that the CMA had "no power" to launch such an inquiry because it did so too late and the Competition Appeal Tribunal (CAT) ruled in Apple's favour in March, but the Court of Appeal in London overturned that decision on Thursday.
Adds details from ruling and CMA comment in paragraphs 4-6 LONDON, Nov 30 (Reuters) - Britain's antitrust regulator won an appeal on Thursday against a ruling blocking its investigation into Apple Inc's AAPL.O mobile browser and cloud gaming services. Judge Nicholas Green said in a written ruling that the CAT had "lost sight" of the CMA's role to "promote competition and protect consumers". Sarah Cardell, chief executive of the CMA, welcomed the decision which she said "gives the CMA the backing it needs to protect consumers and promote competition in UK".
12335.0
2023-11-29 00:00:00 UTC
3 Unstoppable Growth Stocks to Buy if There's a Stock Market Sell-Off
AAPL
https://www.nasdaq.com/articles/3-unstoppable-growth-stocks-to-buy-if-theres-a-stock-market-sell-off-10
The stock market has been on a nice run of late. At the time of this writing, the S&P 500 has gained 7% over the past month while the Nasdaq Composite has risen by 8%. While it's always great to see green in your brokerage account, with higher prices come higher valuations. Paying too much for even a great growth stock can significantly cut into investor returns. However, it is inevitable that the market will eventually turn and stocks will fall. That can be difficult to endure, but it will also provide buying opportunities for the best businesses in the world. Let's take a look at three growth companies with stocks to buy if there's a sell-off in the market. Nvidia Semiconductor chip developer Nvidia (NASDAQ: NVDA) has been in the news lately for very good reasons. Driven by the rush into artificial intelligence (AI), Nvidia has seen mind-boggling results in the last two quarters. Consider the year-over-year revenue growth and net income over the latest two quarters of its fiscal 2024 (ended Oct. 29, 2023). METRIC Q2 2024 Q3 2024 Revenue growth (YOY) 101% 206% Net income (YOY) 843% 1,259% Data source: Nvidia. Management expects this trend to continue at least for another quarter. Fourth-quarter 2024 revenue is projected to be $20 billion. That would represent a 231% increase over Q4 2023. The majority of this growth has been in Nvidia's data center business and it's because of the interest in chips that can help with artificial intelligence. Even if the AI revolution is upon us, it's unlikely Nvidia will see this level of growth over the long term. As one might expect, the valuation of Nvidia shares is a reflection of the recent results. Nvidia currently trades for 115 times trailing earnings. Compare that to the S&P 500's price-to-earnings (P/E) ratio of 25 and it's clear that investors may be better off waiting for the stock to pull back before buying shares. Apple Apple (NASDAQ: AAPL) is a great company and still is likely to show periods of growth ahead, but the current valuation suggests it may be best to wait before buying shares. Apple is trading for a P/E multiple of 31, which is well above the market average. What makes that more concerning from the standpoint of potential returns is that the results over the last few quarters are showing signs of slowing momentum. In the most recently reported fiscal quarter, revenue growth declined by 1% year over year. This was the fourth consecutive quarter with a decline in year-over-year revenue growth. Both revenue and free cash flow have been trending down over the last year. AAPL Free Cash Flow (Quarterly) data by YCharts There's every chance that this is a temporary lull in Apple's growth story. However, the current valuation doesn't match the results. There's a chance that Apple's growth reaccelerates from here, rewarding shareholders who buy today. However, the more likely scenario is that results from today's valuation could be disappointing. Waiting for a market sell-off seems prudent. ASML To put it simply, there's no way to build the most high-tech semiconductor chips without ASML (NASDAQ: ASML). This Dutch company makes the machines necessary for Extreme Ultraviolet Lithography (EUV), which is an essential part of the production of chips, and it's the only company in the world that does so. Without looking at results, one might guess ASML is struggling considering the semiconductor industry is in a cyclical down cycle. Luckily, ASML has a strong backlog to rely on. As of the end of the third quarter of 2023, ASML had a backlog of 38 billion Euros. There is more demand for ASML's machines than it can accommodate, which is helping bridge the gap while the market is working through the bottom of its cycle. ASML currently trades for 35 times earnings and 46 times free cash flow. These multiples are both right around the historical average for the company but are still expensive. While investors could still see an investment from here do well, it couldn't hurt to wait for a market sell-off to add more shares. 10 stocks we like better than Nvidia When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Nvidia wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2023 Jeff Santoro has positions in ASML, Apple, and Nvidia. The Motley Fool has positions in and recommends ASML, Apple, and Nvidia. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
AAPL Free Cash Flow (Quarterly) data by YCharts There's every chance that this is a temporary lull in Apple's growth story. Apple Apple (NASDAQ: AAPL) is a great company and still is likely to show periods of growth ahead, but the current valuation suggests it may be best to wait before buying shares. Compare that to the S&P 500's price-to-earnings (P/E) ratio of 25 and it's clear that investors may be better off waiting for the stock to pull back before buying shares.
AAPL Free Cash Flow (Quarterly) data by YCharts There's every chance that this is a temporary lull in Apple's growth story. Apple Apple (NASDAQ: AAPL) is a great company and still is likely to show periods of growth ahead, but the current valuation suggests it may be best to wait before buying shares. Revenue growth (YOY) 101% 206% Net income (YOY) 843% 1,259% Data source: Nvidia.
Apple Apple (NASDAQ: AAPL) is a great company and still is likely to show periods of growth ahead, but the current valuation suggests it may be best to wait before buying shares. AAPL Free Cash Flow (Quarterly) data by YCharts There's every chance that this is a temporary lull in Apple's growth story. Let's take a look at three growth companies with stocks to buy if there's a sell-off in the market.
Apple Apple (NASDAQ: AAPL) is a great company and still is likely to show periods of growth ahead, but the current valuation suggests it may be best to wait before buying shares. AAPL Free Cash Flow (Quarterly) data by YCharts There's every chance that this is a temporary lull in Apple's growth story. Let's take a look at three growth companies with stocks to buy if there's a sell-off in the market.
12355.0
2023-11-28 00:00:00 UTC
AAPL Quantitative Stock Analysis
AAPL
https://www.nasdaq.com/articles/aapl-quantitative-stock-analysis-7
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top NASDAQ 100 Stocks Top Technology Stocks Top Large-Cap Growth Stocks High Momentum Stocks High Insider Ownership Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Below is Validea's guru fundamental report for APPLE INC (AAPL). APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
12368.0
2023-11-27 00:00:00 UTC
Australia to amend law to regulate digital payments like Apple, Google Pay
AAPL
https://www.nasdaq.com/articles/australia-to-amend-law-to-regulate-digital-payments-like-apple-google-pay
SYDNEY, Nov 27 (Reuters) - Australia's government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week. Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. The legislation, first flagged last month, will broaden the legislation that empowers the Reserve Bank of Australia to regulate payments so that it applies to new and emerging technology. "We are modernising Australia's payments system to ensure it meets the needs of our economy now and into the future," Treasurer Jim Chalmers said in a statement. "We want to make sure the increasing use of digital payments occurs in a way that helps promote greater competition, innovation and productivity across our entire economy." Legislation is set to be introduced on Wednesday or Thursday, according to Chalmers' office. Regulators are responding to the rapid growth of digital wallets, especially among the young. Transactions from a digital wallet hit 35% of all card transactions in the June quarter, up from 10% in early 2020. Two-thirds of Australians aged between 18 and 29 use mobile payments. Before the pandemic it was less than 20%. The amendments will also give a relevant minister power to subject a system or platform to special oversight in the event it presents a risk of "national significance." (Reporting by Lewis Jackson; Editing by Jamie Freed) (([email protected]; +61477406822; Reuters Messaging: @lewjackk)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. "We want to make sure the increasing use of digital payments occurs in a way that helps promote greater competition, innovation and productivity across our entire economy." The amendments will also give a relevant minister power to subject a system or platform to special oversight in the event it presents a risk of "national significance."
Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. SYDNEY, Nov 27 (Reuters) - Australia's government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week. "We are modernising Australia's payments system to ensure it meets the needs of our economy now and into the future," Treasurer Jim Chalmers said in a statement.
Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. SYDNEY, Nov 27 (Reuters) - Australia's government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week. The legislation, first flagged last month, will broaden the legislation that empowers the Reserve Bank of Australia to regulate payments so that it applies to new and emerging technology.
Digital wallets from the likes of Apple AAPL.O, Google GOOGL.O and WeChat developer Tencent 0700.HK have exploded in popularity but are not captured by Australian payments law. SYDNEY, Nov 27 (Reuters) - Australia's government said on Monday it would bring Apple Pay, Google Pay and other digital payment services under the same regulatory umbrella as credit cards and other payments as part of legislation set to be introduced to parliament this week. The legislation, first flagged last month, will broaden the legislation that empowers the Reserve Bank of Australia to regulate payments so that it applies to new and emerging technology.
12380.0
2023-11-26 00:00:00 UTC
Australian regulator calls for new competition laws for digital platforms
AAPL
https://www.nasdaq.com/articles/australian-regulator-calls-for-new-competition-laws-for-digital-platforms
Adds details on concerns raised by ACCC in paragraphs 6-8 Nov 27 (Reuters) - Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon AMZN.O, Apple AAPL.O, Google GOOGL.O, Meta META.O and Microsoft MSFT.O in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour such as invasive data collection and practices that lock in customers and limit their choices. "Our proposed reforms include a call for targeted consumer protections and service-specific codes to prevent anti-competitive conduct by particular designated digital platforms," ACCC Chair Gina Cass-Gottlieb said. ACCC has not made specific findings of anti-competitive conduct, but said digital platforms with significant market power can use practices such as the bundling of products, and pre-installation and default settings to limit customer choice or deter innovation from competitors. The aforementioned five digital platforms did not immediately respond to Reuters' request for a comment. In terms of data collection practices, ACCC found that these providers have greater access to rich consumer data via expansion, and it is not always clear from the relevant privacy policies if the data collected exceeds that which is required for device functionality or product improvement. Must ensure competition laws are fit-for-purpose to respond to the potential challenges posed by emerging technologies such as generative AI and virtual reality, ACCC said. (Reporting by Ayushman Ojha; Editing by Sherry Jacob-Phillips and Tom Hogue) (([email protected];)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Adds details on concerns raised by ACCC in paragraphs 6-8 Nov 27 (Reuters) - Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon AMZN.O, Apple AAPL.O, Google GOOGL.O, Meta META.O and Microsoft MSFT.O in the country. "Our proposed reforms include a call for targeted consumer protections and service-specific codes to prevent anti-competitive conduct by particular designated digital platforms," ACCC Chair Gina Cass-Gottlieb said. ACCC has not made specific findings of anti-competitive conduct, but said digital platforms with significant market power can use practices such as the bundling of products, and pre-installation and default settings to limit customer choice or deter innovation from competitors.
Adds details on concerns raised by ACCC in paragraphs 6-8 Nov 27 (Reuters) - Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon AMZN.O, Apple AAPL.O, Google GOOGL.O, Meta META.O and Microsoft MSFT.O in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour such as invasive data collection and practices that lock in customers and limit their choices. "Our proposed reforms include a call for targeted consumer protections and service-specific codes to prevent anti-competitive conduct by particular designated digital platforms," ACCC Chair Gina Cass-Gottlieb said.
Adds details on concerns raised by ACCC in paragraphs 6-8 Nov 27 (Reuters) - Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon AMZN.O, Apple AAPL.O, Google GOOGL.O, Meta META.O and Microsoft MSFT.O in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour such as invasive data collection and practices that lock in customers and limit their choices. In terms of data collection practices, ACCC found that these providers have greater access to rich consumer data via expansion, and it is not always clear from the relevant privacy policies if the data collected exceeds that which is required for device functionality or product improvement.
Adds details on concerns raised by ACCC in paragraphs 6-8 Nov 27 (Reuters) - Australia's competition watchdog said on Monday new competition laws were required in response to the rapid expansion of digital platforms such as Amazon AMZN.O, Apple AAPL.O, Google GOOGL.O, Meta META.O and Microsoft MSFT.O in the country. The Australian Competition and Consumer Commission (ACCC) in its latest report for the Digital Platform Services Inquiry raised concerns that expansion of these platforms has increased the risk of them engaging in harmful behaviour such as invasive data collection and practices that lock in customers and limit their choices. "Our proposed reforms include a call for targeted consumer protections and service-specific codes to prevent anti-competitive conduct by particular designated digital platforms," ACCC Chair Gina Cass-Gottlieb said.
12385.0
2023-11-25 00:00:00 UTC
Warren Buffett-Led Berkshire Hathaway Sells Its Entire Procter & Gamble Stake. Should You?
AAPL
https://www.nasdaq.com/articles/warren-buffett-led-berkshire-hathaway-sells-its-entire-procter-gamble-stake.-should-you
Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) latest 13F filing revealed that the company sold $7 billion in equities in Q3 -- including its entire stake in Procter & Gamble (NYSE: PG). P&G has a wide moat, a stable business, and generates a ton of cash. Plus, it's a Dividend King with 67 consecutive years of dividend payments. It sounds like the perfect Buffett stock. But apparently it wasn't. Let's go through some of the reasons why Berkshire may have sold P&G, but why the company could still be worth buying now. Image source: Getty Images. A bit of housekeeping Berkshire finished Q2 with 315,400 shares of P&G -- valued at $47.9 million. It sounds like a lot, but the position was less than 0.1% of Berkshire's portfolio. According to its Q3 13F filing, Berkshire has completely exited the position. The sale may have just been an effort to consolidate the portfolio a bit. After all, Berkshire also exited other smaller positions, including Johnson & Johnson, Mondelez, United Parcel Service, Celanese, and General Motors. Aside from Celanese and GM, which both made up 0.2% of the public equity portfolio, all the other positions made up less than 0.1%. A premium valuation There's a good chance Buffett and his team sold these small holdings simply to consolidate the portfolio. But a better question to ask is why didn't Berkshire buy more P&G in the past or make it a larger position? The answer may simply come down to valuation. P&G sports a price-to-earnings (P/E) ratio of 24.33, right around the P/E of the S&P 500, which is 24.6. It also has a high price-to-free cash flow (FCF) ratio of 25.5. PG PE Ratio data by YCharts And it's not like P&G's P/E ratio of price-to-FCF has been low in the past. Its 10-year median levels are above the market average, which is rare for a low-growth, stodgy dividend stock. By comparison, Apple (NASDAQ: AAPL) stock, which has pole-vaulted to 50% of Berkshire's public equity portfolio, was a reasonable valuation for a while. Apple sports a 31.3 P/E ratio today, which may be one of the reasons Berkshire has been holding, not buying Apple. But its 10-year median P/E ratio is 18. Aside from preferring Apple over other stocks, Berkshire also continues buying back its own stock. Berkshire is known for its public equity holdings. But it has sizable investments in many other companies too, from insurance, finance, energy, utilities, infrastructure, and more. All told, Berkshire's reasons for not buying more P&G in years past, and its decision to sell the position today, may come down to Buffett and his team preferring other opportunities, including Apple and its own stock. Why P&G is worth owning An expensive valuation is far and away the best case against P&G. But it's important to also recognize what P&G does well and why it may be worth a premium price. At its core, P&G's success stems from its ability to develop brands, as well as to recognize what brands aren't worth developing. P&G is a cash cow that has proven to have immense pricing power even during this inflationary environment. It has successfully raised prices quarter after quarter. Instead of choosing a less expensive comparable generic brand, the numbers show that consumers are accepting P&G's price hikes. This shows that even in the consumer staples industry, there is an element of brand and pricing power that can give a company like P&G a lever to pull to offset high inflation. Instead of using its FCF to overly invest in its business, P&G remains disciplined and chooses instead to return the majority of profits to investors through dividends and stock buybacks. In fiscal 2023, P&G spent a staggering $9 billion on dividends and $7.4 billion on buybacks. Over the last 10 years, it has reduced its outstanding share count by 13.1%. By reducing the share count, buybacks permanently boost earnings per share since there are fewer shares to go around. It's a way for a company to grow its earnings per share in addition to organic growth, which makes a lot of sense for P&G since it is a low-growth company with limited outlets for responsible capital investment. P&G is a perfect stock for risk-averse investors P&G's positioning, track record for brand development, recession resilience, and pricing power make it a great company. In addition to those factors, what makes P&G a very good stock is its commitment to shareholders through the dividends and buybacks. In Berkshire's case, buying back its own stock is perfectly reasonable because it is confident in the strength and valuation of its businesses. But for individual investors, about the only thing not to like about P&G is its valuation. The company checks the rest of the boxes. P&G remains an excellent choice for folks looking to supplement income in retirement or who are looking for a safe stock so that they can participate in the stock market and collect dividend income, but also reduce the impact that a recession or major sell-off would likely have on their portfolio. 10 stocks we like better than Procter & Gamble When our analyst team has a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* They just revealed what they believe are the ten best stocks for investors to buy right now... and Procter & Gamble wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of November 20, 2023 Daniel Foelber has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Berkshire Hathaway. The Motley Fool recommends General Motors, Johnson & Johnson, and United Parcel Service and recommends the following options: long January 2025 $25 calls on General Motors. The Motley Fool has a disclosure policy. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By comparison, Apple (NASDAQ: AAPL) stock, which has pole-vaulted to 50% of Berkshire's public equity portfolio, was a reasonable valuation for a while. All told, Berkshire's reasons for not buying more P&G in years past, and its decision to sell the position today, may come down to Buffett and his team preferring other opportunities, including Apple and its own stock. This shows that even in the consumer staples industry, there is an element of brand and pricing power that can give a company like P&G a lever to pull to offset high inflation.
By comparison, Apple (NASDAQ: AAPL) stock, which has pole-vaulted to 50% of Berkshire's public equity portfolio, was a reasonable valuation for a while. Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) latest 13F filing revealed that the company sold $7 billion in equities in Q3 -- including its entire stake in Procter & Gamble (NYSE: PG). After all, Berkshire also exited other smaller positions, including Johnson & Johnson, Mondelez, United Parcel Service, Celanese, and General Motors.
By comparison, Apple (NASDAQ: AAPL) stock, which has pole-vaulted to 50% of Berkshire's public equity portfolio, was a reasonable valuation for a while. Aside from preferring Apple over other stocks, Berkshire also continues buying back its own stock. All told, Berkshire's reasons for not buying more P&G in years past, and its decision to sell the position today, may come down to Buffett and his team preferring other opportunities, including Apple and its own stock.
By comparison, Apple (NASDAQ: AAPL) stock, which has pole-vaulted to 50% of Berkshire's public equity portfolio, was a reasonable valuation for a while. Let's go through some of the reasons why Berkshire may have sold P&G, but why the company could still be worth buying now. But a better question to ask is why didn't Berkshire buy more P&G in the past or make it a larger position?
12389.0
2023-11-24 00:00:00 UTC
Netflix (NFLX) Drops Trailer for Gyeongseong Creature K-Drama
AAPL
https://www.nasdaq.com/articles/netflix-nflx-drops-trailer-for-gyeongseong-creature-k-drama
Netflix NFLX has revealed the teaser for its upcoming Korean show, Gyeongseong Creature, which is shaping up to be an exciting and intriguing series, blending historical drama with elements of the creature genre. The teaser poster and trailer provide a glimpse into the suspenseful narrative, which is set in the spring of 1945 and the challenge of battling a monstrous entity born from human greed adds an interesting layer to the narrative. The combination of historical context and the mysterious Ongseong Hospital as a vital location adds an extra layer of depth to the story. The involvement of main characters like Jang Tae-sang and Yoon Chae-ok, played by Park Seo-joon and Han So-hee respectively, adds excitement to the storyline. The plot, with its race against time and the threat faced by Tae-sang to find the missing lover of Commissioner Ishikawa, creates a sense of urgency and intrigue. The partnership between Tae-sang and Chae-ok, both experts in their own right, includes an interesting dimension to the narrative. Aside from Park Seo-joon and Han So-hee, the new Netflix Korean original series will also feature Claudia Kim (Avengers: Age Of Ultron), Squid Game alum Wi Ha-joon, Kim Hae-sook and Jo Han-chul, among others. With the release of Part 1 on Dec 22 and Part 2 on Jan 5 exclusively on Netflix, it seems like viewers can anticipate a thrilling and suspenseful experience as they delve into the world of Gyeongseong Creature. Netflix, Inc. Price and Consensus Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote Korean Content Lineup to Boost User Growth Netflix is investing heavily in Korean-language content since Korea emerged as an entertainment superpower with K-pop groups like BTS, K-dramas like All of Us Are Dead and the Oscar-winning Korean movie Parasite dominating the entertainment industry globally. NFLX is currently producing an upcoming Korean drama, The Trunk, starring Korea’s A-listers like Gong Yoo of Train to Busan and Goblin and Seo Hyun-jin, known for Another Miss Oh and The Beauty Inside. The story, written by Park Eun-young of Hwarang: The Poet Warrior Youth and directed by Kim Gyu-tae of Our Blues, revolves around a marriage arrangement service where clients are arranged into a contract marriage for a year with their most suited partner and the series of secrets that unfold after a mysterious trunk floats ashore. The company also confirmed the production of Aema, a Korean original series following the struggles of Hui-ran and Joo-ae in creating the 1980s hit film Madame Aema, set in 80s Chungmuro, showcasing the harsh realities of actors in the glitzy Korean film industry. Expanding the Korean language portfolio will strengthen the Asia-Pacific (APAC) segment’s performance in the near term. For the third quarter of 2023, the paid subscriber base for APAC jumped 17.1% from the year-ago quarter to 42.43 million. The company added 1.88 million paid subscribers in the quarter. The streaming giant gained 8.76 million paid subscribers globally, thanks to the rollout of paid sharing, strong and steady programming and the ongoing expansion of streaming globally. Netflix expects paid net additions to be similar to third-quarter 2023. For the fourth quarter of 2023, the company forecasts earnings of $2.15 per share, significantly up from 12 cents reported in the year-ago quarter. The Zacks Consensus Estimate for the same is pegged at $2.18 per share, currently higher than the company’s expectation. Total revenues are anticipated to be $8.69 billion, suggesting growth of 10.7% year over year or 12% on a foreign-exchange neutral basis. The consensus mark for revenues is pegged at $8.7 billion, higher than the company’s expectation and indicating 10.86% growth from the figure reported in the year-ago quarter. This Zacks Rank #3 (Hold) company has also experienced record-breaking hits from Korean series like Squid Game and The Glory, with the streaming giant announcing an investment of $2.5 billion in South-Korean creative content over the next four years, building on an already strong portfolio of Korean movies, series and reality shows. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Strong momentum in Netflix’s foreign-language portfolio offerings will benefit top-line growth amid stiff competition from industry peers like Apple AAPL, Disney DIS and Amazon AMZN. Shares of Netflix shares have gained 62.1% year to date, outperforming the Zacks Consumer Discretionary sector’s return of 11.3%. It also outperformed Apple and Disney but underperformed Amazon. Notably, shares of Apple and Amazon have returned 47.2% and 74.7%, respectively, while shares of Disney have gained 9.4% on a year-to-date basis. 7 Best Stocks for the Next 30 Days Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops." Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.0% per year. So be sure to give these hand-picked 7 your immediate attention. See them now >> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Strong momentum in Netflix’s foreign-language portfolio offerings will benefit top-line growth amid stiff competition from industry peers like Apple AAPL, Disney DIS and Amazon AMZN. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. The plot, with its race against time and the threat faced by Tae-sang to find the missing lover of Commissioner Ishikawa, creates a sense of urgency and intrigue.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Strong momentum in Netflix’s foreign-language portfolio offerings will benefit top-line growth amid stiff competition from industry peers like Apple AAPL, Disney DIS and Amazon AMZN. Aside from Park Seo-joon and Han So-hee, the new Netflix Korean original series will also feature Claudia Kim (Avengers: Age Of Ultron), Squid Game alum Wi Ha-joon, Kim Hae-sook and Jo Han-chul, among others.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Strong momentum in Netflix’s foreign-language portfolio offerings will benefit top-line growth amid stiff competition from industry peers like Apple AAPL, Disney DIS and Amazon AMZN. Netflix, Inc. Price and Consensus Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote Korean Content Lineup to Boost User Growth Netflix is investing heavily in Korean-language content since Korea emerged as an entertainment superpower with K-pop groups like BTS, K-dramas like All of Us Are Dead and the Oscar-winning Korean movie Parasite dominating the entertainment industry globally.
Strong momentum in Netflix’s foreign-language portfolio offerings will benefit top-line growth amid stiff competition from industry peers like Apple AAPL, Disney DIS and Amazon AMZN. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report To read this article on Zacks.com click here. Netflix NFLX has revealed the teaser for its upcoming Korean show, Gyeongseong Creature, which is shaping up to be an exciting and intriguing series, blending historical drama with elements of the creature genre.
12406.0
2023-11-23 00:00:00 UTC
ANALYSIS-Britain's Black Friday shoppers go second-hand in hunt for value
AAPL
https://www.nasdaq.com/articles/analysis-britains-black-friday-shoppers-go-second-hand-in-hunt-for-value
By Richa Naidu and Helen Reid LONDON, Nov 23 (Reuters) - As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save cash and shop more sustainably. As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes. Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at a lower profit margin, following a trend set by Apple AAPL.O. Luxury speaker company Sonos and exercise bike maker Peloton PTON.O are both selling refurbished goods on eBay UK this year, despite the risk it could cannibalise sales of their new products. Nine out of eBay UK's top 10 deals last Black Friday were refurbished items. This year, discounts will be deeper on refurbished products, including Sonos SONO.O speakers and Peloton bikes, Eve Williams, general manager of eBay's business in the UK, said in an interview. "People don't have the savings they had after COVID so they have to be savvier than ever," she said. Vacuum maker Dyson has in recent years tied up with eBay UK to sell officially refurbished products at a hefty discount to the price of new ones. While a new Dyson V11 Animal Cordless Vacuum retails at around 499 pounds ($622), refurbished ones will be on the platform this Friday for 218.99 pounds, eBay said. The global refurbished electronics market is worth about $48 billion and is expected to grow about 10% each year until 2030, according to data from Coherent Market Insights. In comparison, the global electronics market, worth $723 billion, is forecast to grow nearly 6% each year until 2032, according to data from Precedence Research. Some 23% of consumers globally say they are buying more second-hand products, according to the EY Future Consumer Index, a survey of 22,000 consumers published earlier this month. Retailers as diverse as Sweden's fashion seller H&M HMb.ST and upmarket UK department store Selfridges are responding to the change in consumer behaviour. Selfridges is aiming for almost half its customer interactions to be based on resale, repair, rental or refills by 2030, it said last year. H&M last month opened a second-hand clothing section in its flagship Regent Street store in London. GROWING TREND Traditional thrift stores are also benefiting as second-hand shopping loses its stigma and British aid organization Oxfam is offering 40% Black Friday discounts to woo consumers. One third of British shoppers are planning to gift pre-owned items this year, according to a survey of 3,000 people commissioned by the charity, compared with one in four two years ago. "We've seen a trend of people looking to buy secondhand gifts for many reasons: one is to save money, the other is because they're looking to make more sustainable choices," Oxfam's director of retail, Lorna Fallon, said. Lucy Baker, a 19-year-old student, says she regularly buys second-hand Christmas gifts for her family, including clothes, books, homewares and board games. "I found a waistcoat for my dad in a charity shop in Peckham the other day – I saw it and I thought I have to get it, he's going to love it," Baker said as she browsed in a Crisis charity shop in Camberwell, south-east London. "It's definitely becoming more of a trend," she added. Part of the draw is price, she said, as her student budget makes it hard to buy new items from high street stores. Sustainability is another factor. "I like the idea of rewearing and reusing as much as possible," Baker said. In the fourth quarter of last year, sales in UK charity shops grew by 8.6% compared the previous year, according to the Charity Retail Association. Meanwhile, the market size of Britain's apparel industry has declined 3.9% per year on average between 2017 and 2022, according to data firm IBISWorld. Oxfam is targeting a 6% increase in holiday season sales this year compared with the year before, it told Reuters. Lesley Wright, a volunteer at an Oxfam shop in Brighton, England, is gearing up for her "busiest-ever" holiday season. "We're already seeing it on weekends," said Wright, 63, who has been volunteering for Oxfam since the mid 1980s. "People with families have to feed and clothe children, with the stressful, extra burden of Christmas gifts." (Reporting by Richa Naidu and Helen Reid; Editing by Matt Scuffham and Elaine Hardcastle) (([email protected]; Follow me on X https://twitter.com/Richa_Writes; +44 755 755 9587;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at a lower profit margin, following a trend set by Apple AAPL.O. As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes. This year, discounts will be deeper on refurbished products, including Sonos SONO.O speakers and Peloton bikes, Eve Williams, general manager of eBay's business in the UK, said in an interview.
Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at a lower profit margin, following a trend set by Apple AAPL.O. By Richa Naidu and Helen Reid LONDON, Nov 23 (Reuters) - As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save cash and shop more sustainably. As persistent inflation and high mortgage rates dent shoppers' ability to spend, second-hand sellers like e-commerce firm eBay Inc EBAY.O and British charity Oxfam say they are anticipating increased sales of used items from vacuum cleaners to clothes.
Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at a lower profit margin, following a trend set by Apple AAPL.O. By Richa Naidu and Helen Reid LONDON, Nov 23 (Reuters) - As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save cash and shop more sustainably. One third of British shoppers are planning to gift pre-owned items this year, according to a survey of 3,000 people commissioned by the charity, compared with one in four two years ago.
Acknowledging that their new products remain out of reach for many shoppers, more manufacturers are offering refurbished merchandise at a lower profit margin, following a trend set by Apple AAPL.O. By Richa Naidu and Helen Reid LONDON, Nov 23 (Reuters) - As Black Friday kicks off the holiday shopping season, retailers and manufacturers anticipate a growing number of British consumers will be hunting for refurbished and pre-owned bargains to save cash and shop more sustainably. Nine out of eBay UK's top 10 deals last Black Friday were refurbished items.
12418.0
2023-11-22 00:00:00 UTC
AAPL Factor-Based Stock Analysis
AAPL
https://www.nasdaq.com/articles/aapl-factor-based-stock-analysis-9
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top NASDAQ 100 Stocks Top Technology Stocks Top Large-Cap Growth Stocks High Momentum Stocks High Insider Ownership Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Below is Validea's guru fundamental report for APPLE INC (AAPL). APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
12431.0
2023-11-21 00:00:00 UTC
AAPL Quantitative Stock Analysis
AAPL
https://www.nasdaq.com/articles/aapl-quantitative-stock-analysis-6
Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. This momentum model looks for a combination of fundamental momentum and price momentum. APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. The rating using this strategy is 94% based on the firm’s underlying fundamentals and the stock’s valuation. A score of 80% or above typically indicates that the strategy has some interest in the stock and a score above 90% typically indicates strong interest. The following table summarizes whether the stock meets each of this strategy's tests. Not all criteria in the below table receive equal weighting or are independent, but the table provides a brief overview of the strong and weak points of the security in the context of the strategy's criteria. FUNDAMENTAL MOMENTUM: PASS TWELVE MINUS ONE MOMENTUM: PASS FINAL RANK: PASS Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. His paper "Twin Momentum" looked at combining traditional price momentum with improving fundamentals to generate market outperformance. In the paper, he identified seven fundamental variables (earnings, return on equity, return on assets, accrual operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental momentum measure. He showed that stocks in the top 20% of the universe according to that measure outperformed the market going forward. When he combined that measure with price momentum, he was able to double its outperformance. Additional Research Links Top NASDAQ 100 Stocks Top Technology Stocks Top Large-Cap Growth Stocks High Momentum Stocks High Insider Ownership Stocks About Validea: Validea is aninvestment researchservice that follows the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long-term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information about Validea, click here The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Detailed Analysis of APPLE INC AAPL Guru Analysis AAPL Fundamental Analysis More Information on Dashan Huang Dashan Huang Portfolio About Dashan Huang: Dashan Huang is an Assistant Professor of Finance at the Lee Kong Chian School of Business at Singapore Management University. Below is Validea's guru fundamental report for APPLE INC (AAPL). Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang.
Of the 22 guru strategies we follow, AAPL rates highest using our Twin Momentum Investor model based on the published strategy of Dashan Huang. Below is Validea's guru fundamental report for APPLE INC (AAPL). APPLE INC (AAPL) is a large-cap growth stock in the Communications Equipment industry.
12443.0
2023-11-20 00:00:00 UTC
EXCLUSIVE-OpenAI investors considering suing the board after CEO's abrupt firing -sources
AAPL
https://www.nasdaq.com/articles/exclusive-openai-investors-considering-suing-the-board-after-ceos-abrupt-firing-sources-0
By Anna Tong, Krystal Hu and Jody Godoy Nov 20 (Reuters) - Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Sources said investors are working with legal advisers to study their options. It was not immediately clear if these investors will sue OpenAI. Investors worry that they could lose hundreds of millions of dollars they invested in OpenAI, a crown jewel in some of their portfolios, with the potential collapse of the hottest startup in the rapidly growing generative AI sector. OpenAI did not respond to a request for comment. Microsoft MSFT.O owns 49% of the for-profit operating company, according to sources familiar with the matter. Other investors and employees control 49%, with 2% owned by OpenAI's nonprofit parent, according to Semafor. OpenAI's board fired Altman on Friday after a "breakdown of communications," according to an internal memo seen by Reuters. By Monday, most of OpenAI's more than 700 employees threatened to resign unless the company replaced the board. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors." As a result, employees have more leverage in pressuring the board than the venture capitalists who helped fund the company, said Minor Myers, a law professor at the University of Connecticut. "There is nobody exactly who is in the seat of an injured investor," he said. That is a feature, not a bug of OpenAI's structure, which started out as a nonprofit but added a for-profit subsidiary in 2019 to raise capital. Keeping control of operations let the nonprofit preserve its "core mission, governance, and oversight," according to the company's website. Nonprofit boards have legal obligations to the organizations they oversee. But those obligations, such as the duty to exercise care and avoid self-dealing, leave a lot of leeway for leadership decisions, experts said. Those obligations can be further narrowed in a corporate structure such as OpenAI, which used a limited liability company as its operating arm, potentially further insulating the nonprofit's directors from investors, said Paul Weitzel, a law professor at the University of Nebraska. Even if investors found a way to sue, Weitzel said they would have a "weak case." Companies have broad latitude under the law to make business decisions, even ones that backfire. "You can fire visionary founders," Weitzel said. Apple AAPL.O famously fired Steve Jobs in the 1980s, before bringing him back around a decade later. OpenAI appoints new boss as Sam Altman joins Microsoft in Silicon Valley twist BREAKINGVIEWS-Silicon Valley saw OpenAI with eyes wide shut TIMELINE-From OpenAI ouster to Microsoft AI research CEO: Sam Altman's tumultuous weekend [TIMELINE-From OpenAI ouster to Microsoft AI research CEO: Sam Altman's tumultuous weekend] (Reporting by Anna Tong in San Francisco and Krystal Hu in New York Additional reporting by Jody Godoy in New York Editing by Tom Hals, Kenneth Li, Lisa Shumaker and Matthew Lewis) (([email protected];)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple AAPL.O famously fired Steve Jobs in the 1980s, before bringing him back around a decade later. Investors worry that they could lose hundreds of millions of dollars they invested in OpenAI, a crown jewel in some of their portfolios, with the potential collapse of the hottest startup in the rapidly growing generative AI sector. As a result, employees have more leverage in pressuring the board than the venture capitalists who helped fund the company, said Minor Myers, a law professor at the University of Connecticut.
Apple AAPL.O famously fired Steve Jobs in the 1980s, before bringing him back around a decade later. By Anna Tong, Krystal Hu and Jody Godoy Nov 20 (Reuters) - Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors."
Apple AAPL.O famously fired Steve Jobs in the 1980s, before bringing him back around a decade later. By Anna Tong, Krystal Hu and Jody Godoy Nov 20 (Reuters) - Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors."
Apple AAPL.O famously fired Steve Jobs in the 1980s, before bringing him back around a decade later. By Anna Tong, Krystal Hu and Jody Godoy Nov 20 (Reuters) - Some investors in OpenAI, makers of ChatGPT, are exploring legal recourse against the company's board, sources familiar with the matter told Reuters on Monday, after the directors ousted CEO Sam Altman and sparked a potential mass exodus of employees. Venture capital investors usually hold board seats or voting power in their portfolio companies but OpenAI is controlled by its nonprofit parent company OpenAI Nonprofit, which according to OpenAI's website was created to benefit "humanity, not OpenAI investors."
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