Apple's MacBook Pro Event: The Hidden Bullish Factors

Oct. 19, 2021 7:59 AM ETApple Inc. (AAPL)111 Comments

Summary

  • Apple unveiled its new MacBook Pro devices on October 18, and today I elaborate on why the event should be a bullish catalyst.
  • Two key, yet underappreciated factors at play include (1) Apple's competitive supply chain position and (2) TAM expansion.
  • Given robust business fundamentals, I doubt that AAPL will remain in this drawdown position for much longer.
  • Looking for a helping hand in the market? Members of Storm-Resistant Growth get exclusive ideas and guidance to navigate any climate. Learn More »

male is holding MacBook Air

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On the day that Apple (NASDAQ:AAPL) unveiled its new set of MacBook Pro devices, shares of the Cupertino-based company jumped from a modest gain of 0.2% earlier in the morning to 1.2% at the

AAPL PE ratio and EV to EBITDA
Data by YCharts

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This article was written by

DM Martins Research profile picture
20.45K Followers
Tracking Economic Inflection Points To Guide Your Asset Allocation Strategy

Daniel Martins is a Napa, California-based analyst and founder of independent research firm DM Martins Research. The firm's work is centered around building more efficient, easily replicable portfolios that are properly risk-balanced for growth with less downside risk.

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Daniel is the founder and portfolio manager at DM Martins Capital Management LLC. He is a former equity research professional at FBR Capital Markets and Telsey Advisory in New York City and finance analyst at macro hedge fund Bridgewater Associates, where he developed most of his investment management skills earlier in his career. Daniel is also an equity research instructor for Wall Street Prep.

He holds an MBA in Financial Instruments and Markets from New York University's Stern School of Business.

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On Seeking Alpha, DM Martins Research partners with EPB Macro Research, and has collaborated with Risk Research, Inc.

DM Martins Research also manages a small team of writers and editors who publish content on several TheStreet.com channels, including Apple Maven (thestreet.com/apple) and Wall Street Memes (thestreet.com/memestocks).

Disclosure: I/we have a beneficial long position in the shares of AAPL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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