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I last covered Apple Inc. (NASDAQ:AAPL) in early May, when I upgraded the stock to a Buy, following my Sell downgrade in early April. One thing about Apple is that it
Trump Vs. Apple: We Know How This One Ends (Rating Upgrade)
Summary
- I think Apple Inc. stock dips are buying opportunities, and Friday’s pullback is a chance to reload, not panic-sell.
- I don't think Apple’s global supply chain can be replicated in the U.S. overnight, and I think uncertainty should subside in the near term.
- AAPL stock's valuation is attractive: the forward P/E has compressed, and risk is already priced in compared to the Mag 7.
- While innovation concerns linger, Apple’s AI roadmap offers long-term upside.
- I hereon share my sentiment on Apple and why I think AAPL stock is a Strong Buy at current levels.
I’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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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