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17800.0
2022-12-31 00:00:00 UTC
3 Unstoppable Growth Stocks to Buy After a Stock Market Sell-Off
AAPL
https://www.nasdaq.com/articles/3-unstoppable-growth-stocks-to-buy-after-a-stock-market-sell-off
nan
nan
The stock market's 2022 sell-off has highlighted the importance of investing in growth stocks with a long-term perspective. Doing so can safeguard your investments from macroeconomic headwinds like the ones that brought down the shares of numerous companies over the past year. Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Advanced Micro Devices (NASDAQ: AMD) each suffered double-digit percentage stock price declines since January. However, investors who bought these growth stocks five or more years ago are still doing quite well, as these tech giants' shares are still up by more than 180% over that time frame. With a recession possible in the new year, it will continue to be crucial to hold growth stocks for the long term. Here's why Microsoft, Apple, and AMD's stocks are great picks amid a sell-off. Microsoft The tech industry was hit especially hard in 2022 -- the Nasdaq-100 Technology Sector index is off 38% year to date. Weakening consumer demand has concerned investors and sent the stocks of some of the industry's biggest players tumbling. For instance, Microsoft shares have fallen by 28% since January as its position as a leader in the world of PC software and operating systems has hurt its stock. However the company is headed into its 48th year of business, and its stock is up 181% over the last five years. Microsoft has continued to see immense growth thanks to its diversification, which has earned it considerable market share in a variety of promising areas. Big brands such as Windows, Xbox, Office, and Azure have protected the company against market declines over the last year. In Microsoft's fiscal 2023 first quarter, which ended Sept. 30, shrinking demand in the PC market sent revenue in its "more personal computing" segment down slightly, with operating income falling 15% year over year to $4.2 billion. However, the company's other segments were less affected by macroeconomic headwinds and kept Microsoft on a growth track. A booming cloud computing business based around its Azure platform brought in $20.3 billion in revenue in fiscal Q1, up 20% year over year. According to Grand View Research, cloud computing is a $368.97 billion industry and will grow at a compound annual rate of 15.7% until 2030. With a 21% market share in that space, Microsoft is well-positioned to continue to see significant long-term gains and remain an excellent growth stock. Apple Apple's stock has decreased 27% year to date. However, its shares are still up by 197% over the last five years, and its robust business continues to offer long-term investors strong growth. In recent weeks, the company's reliance on China for its iPhone production has been increasingly a cause for concern. Uneasy investors have dragged Apple shares down 8% since November, as the supply of its most successful product, which accounted for 52% of its total revenue in fiscal 2022, is being threatened. Newly instituted COVID-19 restrictions after a rise in cases in China have put strains on the Foxconn factory that manufactures about 70% of all iPhones. However, not all hope is lost for the company with the largest market cap in the world at $2.06 trillion. Apple already produces a portion of its iPhone 14s in India and is making plans to move its manufacturing out of China completely. In fact, J.P. Morgan estimates that about 25% of iPhones will be produced in India by 2025. Moreover, the company is swiftly growing other parts of its business to alleviate pressure from its iPhone revenue. For instance, its services segment was responsible for the second-largest portion of revenue in fiscal 2022, rising 14% year over year to $78.1 billion, with a profit margin of 71.7%. Comparatively, iPhone revenue increased by 7% and delivered a profit margin of 36.3%. It will take time for Apple to cut ties with China. However, the cash-rich company is more than capable of heavily investing in that move while its other segments continue to grow. Advanced Micro Devices Advanced Micro Devices is one of the most prominent producers of graphics processing units (GPUs), but as GPU sales have slumped to a 20-year low (per Jon Peddie Research), its stock has suffered steep declines -- down 55% year to date. However, the growth stock is still up by 527% over the last five years. Additionally, though AMD's reputation is as a leader in GPUs, its data center segment contributed the most to its top line in Q3. That thriving segment's revenues rose 45% year over year to $1.6 billion. Data centers are crucial to the cloud computing industry, and AMD's well-positioned to profit from that booming market over the long term. AMD may have performed worse amid 2022's sell-off than Microsoft and Apple. However, its shares have recently outperformed both companies. They're up 10% since mid-October. Meanwhile, Microsoft's stock has risen by 3% in the same period, while Apple's has fallen by 6.3%. Advanced Micro Devices stock was hit hard in 2022, but it still has delivered stellar five-year results for its shareholders as its diverse businesses have continued to provide growing revenues. The company looks poised to continue boosting its top line as its data center business expands, making it a growth stock worth considering in a sell-off. 10 stocks we like better than Microsoft When our award-winning 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 Microsoft 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 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, JPMorgan Chase, and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Advanced Micro Devices (NASDAQ: AMD) each suffered double-digit percentage stock price declines since January. For instance, Microsoft shares have fallen by 28% since January as its position as a leader in the world of PC software and operating systems has hurt its stock. Advanced Micro Devices stock was hit hard in 2022, but it still has delivered stellar five-year results for its shareholders as its diverse businesses have continued to provide growing revenues.
Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Advanced Micro Devices (NASDAQ: AMD) each suffered double-digit percentage stock price declines since January. Data centers are crucial to the cloud computing industry, and AMD's well-positioned to profit from that booming market over the long term. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, JPMorgan Chase, and Microsoft.
Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Advanced Micro Devices (NASDAQ: AMD) each suffered double-digit percentage stock price declines since January. However the company is headed into its 48th year of business, and its stock is up 181% over the last five years. In Microsoft's fiscal 2023 first quarter, which ended Sept. 30, shrinking demand in the PC market sent revenue in its "more personal computing" segment down slightly, with operating income falling 15% year over year to $4.2 billion.
Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), and Advanced Micro Devices (NASDAQ: AMD) each suffered double-digit percentage stock price declines since January. In recent weeks, the company's reliance on China for its iPhone production has been increasingly a cause for concern. However, the growth stock is still up by 527% over the last five years.
17801.0
2022-12-30 00:00:00 UTC
Have $500? These 2 Stocks Could Be Bargain Buys for 2023 and Beyond
AAPL
https://www.nasdaq.com/articles/have-%24500-these-2-stocks-could-be-bargain-buys-for-2023-and-beyond
nan
nan
Regularly adding money to stocks can be one of the smartest financial moves you make. The popular market barometer, the S&P 500 index, has returned 11% per year since 1950, which includes several market crashes along the way. The key is consistency. Adding $500 per month to growing companies will put you well on the way to retiring a millionaire. Here are two bargain growth stocks that are begging to be bought right now. 1. MercadoLibre The growth of global e-commerce is expected to hit $58 trillion worldwide by 2028, and one of the fastest-growing e-commerce regions in the world is Latin America. Argentina, Brazil, and Mexico are seeing explosive growth in online sales, serving as a strong tailwind for MercadoLibre (NASDAQ: MELI) -- the leading online-commerce ecosystem in Latin America. MercadoLibre connects buyers and sellers through its online marketplace. It offers mobile payments both online and at the point of sale, consumer credit, and shipping and advertising services to small businesses. A vast number of transactions in Latin America are still completed with cash, which lends to a long runway of growth, and this is clearly reflected in the company's recent performance. In the third quarter, revenue and total payment volume were up 61% and 76%, respectively, in local currency. MercadoLibre's fintech business reached 40 million active users, representing the most quarterly additions to its ecosystem in the last two years. What's more, MercadoLibre is reinvesting in marketing and technology for more growth while reporting an improving operating profit margin. Its recent growth is testament to the company's competitive advantages in selection, price competitiveness, and the overall effectiveness of its merchant services. The market is severely undervaluing the company's improving profitability. Despite continuing to post robust growth, the stock sells at a low valuation of 27 times trailing free cash flow. This stock is a good bet at these levels. 2. Roku The growing adoption of smart TVs and streaming is still a huge opportunity for leading developers of TV operating systems. The market for connected TVs is expected to grow about 15% per year through 2026, according to Mordor Intelligence. This opportunity is attracting many competitors, including Apple, Samsung, Alphabet's Android, and Amazon, that offer their own devices and software. But Roku (NASDAQ: ROKU) has the leading market share in the U.S. The stock fell hard over the past year, as sales of TVs dropped amid supply chain issues and inflation pressuring consumer spending. But these headwinds will eventually clear and send Roku off to the races. Investors only need to look at the company's recent numbers to see the value here. Even with lower sales of streaming devices dragging down Roku's growth, the company's platform segment, which includes advertising revenue, increased by 15% year over year in the third quarter. SEGMENT THIRD QUARTER 2022 YOY CHANGE (DECLINE) Platform revenue $670.4 million 15% Player revenue $91 million (7%) Total revenue $761.4 million 12% Data source: Roku. YoY = year over year. Roku's trailing revenue of $3.1 billion is a small fraction of the $60 billion that is spent on TV advertising in the U.S. As more households cut cable in favor of streaming, Roku's best days are still ahead. The number of active accounts on Roku grew 16% year over year last quarter, with average revenue per user growing 10%. Growth should be even stronger when TV sales pick up again. While Wall Street worries about the near-term advertising market and TV sales, the stock is trading at its cheapest price-to-sales valuation since going public five years ago. Roku could be deeply undervalued at these levels. 10 stocks we like better than MercadoLibre When our award-winning 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 MercadoLibre 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 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Ballard has positions in Amazon.com. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, MercadoLibre, and Roku. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Argentina, Brazil, and Mexico are seeing explosive growth in online sales, serving as a strong tailwind for MercadoLibre (NASDAQ: MELI) -- the leading online-commerce ecosystem in Latin America. The stock fell hard over the past year, as sales of TVs dropped amid supply chain issues and inflation pressuring consumer spending. While Wall Street worries about the near-term advertising market and TV sales, the stock is trading at its cheapest price-to-sales valuation since going public five years ago.
Even with lower sales of streaming devices dragging down Roku's growth, the company's platform segment, which includes advertising revenue, increased by 15% year over year in the third quarter. Platform revenue $670.4 million 15% Player revenue $91 million (7%) Total revenue $761.4 million 12% Data source: Roku. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
Even with lower sales of streaming devices dragging down Roku's growth, the company's platform segment, which includes advertising revenue, increased by 15% year over year in the third quarter. The number of active accounts on Roku grew 16% year over year last quarter, with average revenue per user growing 10%. See the 10 stocks *Stock Advisor returns as of December 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
But Roku (NASDAQ: ROKU) has the leading market share in the U.S. Even with lower sales of streaming devices dragging down Roku's growth, the company's platform segment, which includes advertising revenue, increased by 15% year over year in the third quarter. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, MercadoLibre, and Roku.
17802.0
2022-12-30 00:00:00 UTC
Noteworthy ETF Inflows: IWV, AAPL, MSFT, AMZN
AAPL
https://www.nasdaq.com/articles/noteworthy-etf-inflows%3A-iwv-aapl-msft-amzn
nan
nan
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $121.6 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 48,200,000 to 48,750,000). Among the largest underlying components of IWV, in trading today Apple Inc (Symbol: AAPL) is down about 0.9%, Microsoft Corporation (Symbol: MSFT) is off about 1.4%, and Amazon.com Inc (Symbol: AMZN) is lower by about 1.5%. For a complete list of holdings, visit the IWV Holdings page » The chart below shows the one year price performance of IWV, versus its 200 day moving average: Looking at the chart above, IWV's low point in its 52 week range is $201.8201 per share, with $280.44 as the 52 week high point — that compares with a last trade of $219.70. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique -- learn more about the 200 day moving average ». Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Each week we monitor the week-over-week change in shares outstanding data, to keep a lookout for those ETFs experiencing notable inflows (many new units created) or outflows (many old units destroyed). Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs. Click here to find out which 9 other ETFs had notable inflows » Also see: • Real Estate Dividend Stocks • Funds Holding KPFS • EQWS Videos The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Among the largest underlying components of IWV, in trading today Apple Inc (Symbol: AAPL) is down about 0.9%, Microsoft Corporation (Symbol: MSFT) is off about 1.4%, and Amazon.com Inc (Symbol: AMZN) is lower by about 1.5%. These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand. Creation of new units will mean the underlying holdings of the ETF need to be purchased, while destruction of units involves selling underlying holdings, so large flows can also impact the individual components held within ETFs.
Among the largest underlying components of IWV, in trading today Apple Inc (Symbol: AAPL) is down about 0.9%, Microsoft Corporation (Symbol: MSFT) is off about 1.4%, and Amazon.com Inc (Symbol: AMZN) is lower by about 1.5%. For a complete list of holdings, visit the IWV Holdings page » The chart below shows the one year price performance of IWV, versus its 200 day moving average: Looking at the chart above, IWV's low point in its 52 week range is $201.8201 per share, with $280.44 as the 52 week high point — that compares with a last trade of $219.70. Free Report: Top 8%+ Dividends (paid monthly) Exchange traded funds (ETFs) trade just like stocks, but instead of ''shares'' investors are actually buying and selling ''units''.
Among the largest underlying components of IWV, in trading today Apple Inc (Symbol: AAPL) is down about 0.9%, Microsoft Corporation (Symbol: MSFT) is off about 1.4%, and Amazon.com Inc (Symbol: AMZN) is lower by about 1.5%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $121.6 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 48,200,000 to 48,750,000). For a complete list of holdings, visit the IWV Holdings page » The chart below shows the one year price performance of IWV, versus its 200 day moving average: Looking at the chart above, IWV's low point in its 52 week range is $201.8201 per share, with $280.44 as the 52 week high point — that compares with a last trade of $219.70.
Among the largest underlying components of IWV, in trading today Apple Inc (Symbol: AAPL) is down about 0.9%, Microsoft Corporation (Symbol: MSFT) is off about 1.4%, and Amazon.com Inc (Symbol: AMZN) is lower by about 1.5%. Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 3000 ETF (Symbol: IWV) where we have detected an approximate $121.6 million dollar inflow -- that's a 1.1% increase week over week in outstanding units (from 48,200,000 to 48,750,000). These ''units'' can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
17803.0
2022-12-30 00:00:00 UTC
Don't Wait for a Market Crash: These 2 Top Stocks Are on Sale
AAPL
https://www.nasdaq.com/articles/dont-wait-for-a-market-crash%3A-these-2-top-stocks-are-on-sale-4
nan
nan
As market pundits repeatedly beat the "recession 2023" drum, investors might be tempted to delay buying high-conviction names on their watch lists. Yet there has already been a mini-recession in the form of a mass exodus out of big tech names and into perceived all-weather investments. Some technology businesses aren't necessary all-weather because supply chain disruptions (coupled with, oddly enough, gluts of certain tech components) could persist well into next year. This concern, along with a not-so-accommodative Federal Reserve and other company-specific problems, are already well known among the trading community. Many tech stocks have already been severely beaten down, but two names in particular -- Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) -- offer attractive valuations and decent dividends. And there's no need to wait for conditions to deteriorate further before taking a long position. Intel is still a giant among domestic chipmakers If you're going to brace for a market crash, it makes sense to have some cash handy but also stay invested in famous names that are trading at compelling valuations. Intel has been absolutely reviled in 2022, with the company's critics reiterating ad nauseam that it has lost market share to Advanced Micro Devices, Nvidia, and others. The market's reaction has been extreme: The stock's price was cut in half this year. But this presents a value investing opportunity. Just a few years ago, it would have been unimaginable that Intel's price-to-earnings (P/E) ratio would fall to 8 and the stock would trade barely above book value per share. In other words, Intel stock has the worst-case scenario already priced in, and then some. The company remains a chipmaking giant and a likely beneficiary of the federal CHIPS Act. Besides, it's not as if Intel is just sitting around and letting the competition steal its market share. During 2022's third quarter, it gained 4% of the discrete GPU market, versus virtually 0% in the year-earlier quarter. And the company split its graphics-hardware operations into two separate divisions: One will focus on high-performance computing, while the other will be geared toward the gaming market. Hopefully, this divide-and-focus strategy will allow Intel to be more competitive in those niche tech fields and thereby steal back some of its lost market share. Take a bite out of Apple while sentiment is shaky Meanwhile, Apple is having its own meltdown, with its shares recently hitting a 52-week low. Again, big tech is flailing, but this should pique the interest of value seekers. Apple's P/E ratio is quite rare and attractive at just 21. It feels as if market-crash conditions have already been priced into the shares, even though Apple has met or exceeded Wall Street's quarterly earnings-per-share forecasts for two years running. Moreover, for the fourth quarter of fiscal 2022, Apple reported record revenue for that period of $90.1 billion, up 8% year over year, despite recession fears, supply chain disruptions, and sticky inflation. Nonetheless, J.P. Morgan analyst Samik Chatterjee is cautious since Apple's China-focused smartphone shipment numbers "confirm industry headwinds." It certainly isn't helping that iPhone component supplier Hon Hai Precision Industry, better known as Foxconn, has operations in China amid on-and-off COVID-19 lockdowns. But there's talk that Apple plans to ramp up its production in India, while also potentially deploying factories in Vietnam in 2023. In any event, J.P. Morgan analysts have observed iPhone supply "improving and inching slowly towards parity with demand." If China's lockdowns ease in 2023 and/or Apple finds a workaround for its supply issues, the company could provide its loyal investors with a relief rally. In the meantime, value hunters can scoop up shares of the technology giant at nearly market-crash-level prices. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. David Moadel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, JPMorgan Chase, and Nvidia. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on 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.
Many tech stocks have already been severely beaten down, but two names in particular -- Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) -- offer attractive valuations and decent dividends. Intel is still a giant among domestic chipmakers If you're going to brace for a market crash, it makes sense to have some cash handy but also stay invested in famous names that are trading at compelling valuations. Intel has been absolutely reviled in 2022, with the company's critics reiterating ad nauseam that it has lost market share to Advanced Micro Devices, Nvidia, and others.
Many tech stocks have already been severely beaten down, but two names in particular -- Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) -- offer attractive valuations and decent dividends. Intel has been absolutely reviled in 2022, with the company's critics reiterating ad nauseam that it has lost market share to Advanced Micro Devices, Nvidia, and others. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, JPMorgan Chase, and Nvidia.
Many tech stocks have already been severely beaten down, but two names in particular -- Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) -- offer attractive valuations and decent dividends. 10 stocks we like better than Apple When our award-winning analyst team has a stock tip, it can pay to listen. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on Apple.
Many tech stocks have already been severely beaten down, but two names in particular -- Intel (NASDAQ: INTC) and Apple (NASDAQ: AAPL) -- offer attractive valuations and decent dividends. Yet there has already been a mini-recession in the form of a mass exodus out of big tech names and into perceived all-weather investments. That's right -- they think these 10 stocks are even better buys.
17804.0
2022-12-30 00:00:00 UTC
After Hours Most Active for Dec 30, 2022 : VZ, DIS, AMZN, GOOGL, AAPL, CTSH, QQQ, TQQQ, T, ELAN, C^K, LNC^D
AAPL
https://www.nasdaq.com/articles/after-hours-most-active-for-dec-30-2022-%3A-vz-dis-amzn-googl-aapl-ctsh-qqq-tqqq-t-elan-c%5Ek
nan
nan
The NASDAQ 100 After Hours Indicator is up 14.08 to 10,953.84. The total After hours volume is currently 67,290,505 shares traded. The following are the most active stocks for the after hours session: Verizon Communications Inc. (VZ) is unchanged at $39.40, with 9,885,789 shares traded. VZ's current last sale is 78.8% of the target price of $50. Walt Disney Company (The) (DIS) is +0.12 at $87.00, with 4,266,700 shares traded. As reported by Zacks, the current mean recommendation for DIS is in the "buy range". Amazon.com, Inc. (AMZN) is -0.03 at $83.97, with 2,696,980 shares traded. As reported by Zacks, the current mean recommendation for AMZN is in the "buy range". Alphabet Inc. (GOOGL) is +0.3078 at $88.54, with 2,151,604 shares traded. As reported by Zacks, the current mean recommendation for GOOGL is in the "buy range". Apple Inc. (AAPL) is +0.09 at $130.02, with 2,046,357 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". Cognizant Technology Solutions Corporation (CTSH) is unchanged at $57.19, with 1,676,007 shares traded. CTSH's current last sale is 87.98% of the target price of $65. Invesco QQQ Trust, Series 1 (QQQ) is +0.66 at $266.94, with 1,575,165 shares traded. This represents a 4.99% increase from its 52 Week Low. ProShares UltraPro QQQ (TQQQ) is +0.1 at $17.40, with 1,533,418 shares traded. This represents a 8.07% increase from its 52 Week Low. AT&T Inc. (T) is -0.03 at $18.38, with 1,370,820 shares traded. T's current last sale is 81.69% of the target price of $22.5. Elanco Animal Health Incorporated (ELAN) is unchanged at $12.22, with 1,275,444 shares traded. ELAN's current last sale is 71.88% of the target price of $17. Citigroup Inc. (C^K) is unchanged at $25.03, with 904,000 shares traded. Lincoln National Corporation (LNC^D) is unchanged at $27.27, with 884,407 shares traded. 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 +0.09 at $130.02, with 2,046,357 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". As reported by Zacks, the current mean recommendation for GOOGL is in the "buy range".
Apple Inc. (AAPL) is +0.09 at $130.02, with 2,046,357 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". As reported by Zacks, the current mean recommendation for DIS is in the "buy range".
Apple Inc. (AAPL) is +0.09 at $130.02, with 2,046,357 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The total After hours volume is currently 67,290,505 shares traded.
Apple Inc. (AAPL) is +0.09 at $130.02, with 2,046,357 shares traded. As reported by Zacks, the current mean recommendation for AAPL is in the "buy range". The NASDAQ 100 After Hours Indicator is up 14.08 to 10,953.84.
17805.0
2022-12-30 00:00:00 UTC
US STOCKS-Wall St ends 2022 with biggest annual drop since 2008
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-ends-2022-with-biggest-annual-drop-since-2008
nan
nan
By Echo Wang Dec 30 (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s. This also marked their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive. "The primary macro reasons ... came from a combination of events: the ongoing supply chain disruption that started in 2020, the spike in inflation, the tardiness of the Fed beginning its rate tightening program in the attempt to corral the inflation," said Sam Stovall, chief investment strategist at CFRA Research. He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and strained relations with Taiwan. Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade. Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. The S&P 500 growth index has fallen about 30.5% this year, while the value index .IVX is down 7.7%, with investors preferring high dividend-yielding sectors with steady earnings such as energy. Energy .SPNY has recorded stellar annual gains of 58% due to a surge in oil prices. Ten of the 11 S&P .SPX sector indexes dropped on Friday, led by real estate and utilities. "The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year," said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois. "That affects people's mind frame and actually affects their spending a little bit." The focus has shifted to the 2023 corporate earnings outlook, with growing concerns about the likelihood of a recession. Still, signs of U.S. economic resilience have fueled worries that rates could remain higher, though easing inflationary pressures have raised hopes of dialed-down rate hikes. Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023. FEDWATCH According to preliminary data, the S&P 500 .SPX lost 9.43 points, or 0.24%, to end at 3,839.85 points, while the Nasdaq Composite .IXIC lost 11.05 points, or 0.11%, to 10,467.74. The Dow Jones Industrial Average .DJI fell 70.47 points, or 0.21%, to 33,152.55. Most major S&P sectors fall in 2022, energy outperformshttps://tmsnrt.rs/3WSRYtB (Reporting by Echo Wang in New York; Additionaly reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Vinay Dwivedi, Arun Koyyur, Sriraj Kalluvila and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) 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.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. Wall Street's three main indexes booked their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. He also cited economic indicators pointing to recession, geopolitical tensions including the Ukraine war, and China's surging COVID cases and strained relations with Taiwan.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. This also marked their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks ended the final trading session of 2022 lower on Friday, capping a year of sharp losses driven by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. This also marked their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive.
17806.0
2022-12-30 00:00:00 UTC
Many Stocks Are at 52-Week Lows, but Don't Fall for These Traps
AAPL
https://www.nasdaq.com/articles/many-stocks-are-at-52-week-lows-but-dont-fall-for-these-traps
nan
nan
After a mid-2020 to late-2021 bull run, many companies across the board have witnessed their values plunge in 2022. While bear markets can be a great time to go discount shopping and grab some great companies for cheap, they can also be a time to be wary of falling into investing traps. With many stocks currently at or near 52-week lows, value and dividend traps are everywhere. Here's how you can avoid them. Cheap doesn't equal value One of the best lessons you can learn as an investor is that cheap stock prices don't always equate to value. A $5,000 stock could be undervalued, and a $5 stock could be overvalued. For example, if a penny stock were priced at $5, it would likely be considered overpriced by most standards. However, if Berkshire Hathaway Class A shares were priced at $5,000 instead of the $463,400 at which it's currently priced, it'd arguably be the investment deal of a lifetime. Image source: Getty Images It may be tempting to see a cheap stock and want to buy up a lot of shares because of the "upside," but this could be counterproductive if you're investing in stagnant or failing businesses. Instead of looking at price alone, it helps to look at a company's price-to-earnings (P/E) ratio to help determine whether a stock is undervalued or overvalued. You can find the P/E ratio by dividing a company's current stock price by its earnings per share (EPS). A quick online search can provide you with these metrics to save you time. You can't look at a company's P/E ratio alone to determine its value, though; you need to compare it to similar companies in its industry. Some industries (like financial services) have naturally low P/E ratios, and some (like restaurants) have naturally high P/E ratios, so it could be misleading to compare across industries. You wouldn't want to compare Apple's P/E ratio to Walmart's, but you could compare it to Microsoft's. If you notice a company's P/E ratio is lower than comparable companies, it could be a sign that it's undervalued. The same goes for it possibly being overvalued if its P/E ratio is higher than others in its industry. Look past the dividend yield When companies declare their dividend for the year, it's by dollar amount per share, so their dividend yields (expressed as a percentage of the stock's current price and found by dividing the annualized dividend by the current share price) fluctuate with the stock price. For example, if a company's yearly dividend is $1 and its stock price is $50, its dividend yield would be 2%. If the stock price dropped to $25, the dividend yield would be 4%; if it increased to $100, the yield would be 1%. With many stock prices down considerably, dividend yields are noticeably higher. This is great for investors in blue chip companies like Apple, whose dividend yield is up over 40% since the beginning of 2022. It's not so great for investors who may get caught up in dividend traps. A dividend trap is a company with a too-good-to-be-true dividend yield that's unsustainable and masking an otherwise bad investment. Data by YCharts A company's dividend yield is important, but instead of looking at its dividend yield by itself, you should look at its payout ratio, which lets you know how much of its earnings it's paying out in dividends. For instance, if a company makes $10 million in profit this year and pays out $2 million in dividends, its payout ratio would be 20%. A payout ratio over 100% means a company is paying out more than it's bringing in, which is a red flag. Eventually, the dividend will either need to be cut, or the company will run out of money, and neither of those is ideal for investors. Especially if it's the dividend that attracted you to the company. What's considered a good payout ratio varies by industry and a company's growth plans. Some industries are more shareholder-friendly with dividends (like utilities), while some are on the lower end (like tech) because companies reinvest more profits to focus on growth. Data by YCharts Making sure the dividend is sustainable is more important than the number itself. As a long-term investor, you don't want to get lured into chasing short-term income and high dividend yields. 10 stocks we like better than Walmart When our award-winning analyst team has an investing 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 Walmart 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 1, 2022 Stefon Walters has positions in Apple and Microsoft. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Microsoft, NextEra Energy, and Walmart. The Motley Fool recommends Duke Energy and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on 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.
You can find the P/E ratio by dividing a company's current stock price by its earnings per share (EPS). Some industries are more shareholder-friendly with dividends (like utilities), while some are on the lower end (like tech) because companies reinvest more profits to focus on growth. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Microsoft, NextEra Energy, and Walmart.
For instance, if a company makes $10 million in profit this year and pays out $2 million in dividends, its payout ratio would be 20%. The Motley Fool has positions in and recommends Apple, Berkshire Hathaway, Microsoft, NextEra Energy, and Walmart. The Motley Fool recommends Duke Energy and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on Apple.
Look past the dividend yield When companies declare their dividend for the year, it's by dollar amount per share, so their dividend yields (expressed as a percentage of the stock's current price and found by dividing the annualized dividend by the current share price) fluctuate with the stock price. For example, if a company's yearly dividend is $1 and its stock price is $50, its dividend yield would be 2%. Data by YCharts A company's dividend yield is important, but instead of looking at its dividend yield by itself, you should look at its payout ratio, which lets you know how much of its earnings it's paying out in dividends.
For example, if a company's yearly dividend is $1 and its stock price is $50, its dividend yield would be 2%. Data by YCharts A company's dividend yield is important, but instead of looking at its dividend yield by itself, you should look at its payout ratio, which lets you know how much of its earnings it's paying out in dividends. What's considered a good payout ratio varies by industry and a company's growth plans.
17807.0
2022-12-30 00:00:00 UTC
US STOCKS-Wall St set to end challenging year with steep drop
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-set-to-end-challenging-year-with-steep-drop
nan
nan
By Echo Wang Dec 30 (Reuters) - U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. Wall Street's three main indexes are on track for their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s. The indexes are also set to post their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive. Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically linked value peers, reversing a trend that had lasted for much of the past decade. Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. Energy .SPNY has recorded stellar annual gains of 58% due to a surge in oil prices. Ten of the 11 S&P .SPX sector indexes dropped on Friday, led by real estate and utilities. "The housing market has really slowed down and the values of people's homes have declined off of the highs earlier this year," said J. Bryant Evans, investment advisor and portfolio manager at Cozad Asset Management in Champaign, Illinois. "That, along with a slightly weakening job picture, is probably affecting ... the market right now economically. And then on the back of everyone's mind is China as they loosen up their policies toward COVID restrictions and as they open up their economy." The focus has turned to the 2023 corporate earnings outlook, with growing concern about the likelihood of a recession. Still, signs of U.S. economic resilience have fueled worries that rates could stay higher for longer, though easing inflationary pressures have raised hopes of dialed-down rate hikes. Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by mid-2023. FEDWATCH At 3:00 p.m. ET, the Dow Jones Industrial Average .DJI fell 321.86 points, or 0.97%, to 32,898.94; the S&P 500 .SPX lost 42.36 points, or 1.10%, at 3,806.92; and the Nasdaq Composite .IXIC dropped 117.38 points, or 1.12%, to 10,360.70. U.S.-listed shares of Shaw Communications Inc SJR.N jumped 9.6% after Canada's antitrust tribunal approved rival Rogers Communications Inc's RCIb.TO C$20 billion ($14.77 billion) bid for the telecom company. Declining issues outnumbered advancers on the NYSE by a 2.42-to-1 ratio; on Nasdaq, a 1.77-to-1 ratio favored decliners. The S&P 500 posted no new 52-week highs and no new lows; the Nasdaq Composite recorded 56 new highs and 116 new lows. Most major S&P sectors fall in 2022, energy outperformshttps://tmsnrt.rs/3WSRYtB (Reporting by Echo Wang in New York; Additionaly reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Vinay Dwivedi, Arun Koyyur, Sriraj Kalluvila and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) 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.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. Wall Street's three main indexes are on track for their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. The indexes are also set to post their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. By Echo Wang Dec 30 (Reuters) - U.S. stocks fell on Friday as growth shares dipped in the final trading session of a year marked by aggressive interest rate hikes to curb inflation, recession fears, the Russia-Ukraine war and rising concerns over COVID cases in China. The indexes are also set to post their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O, Nvidia Corp NVDA.O, Amazon.com Inc AMZN.O, Tesla Inc TSLA.O are among the worst drags on the S&P 500 growth index .IGX, down between 28% and 66% in 2022. Wall Street's three main indexes are on track for their first yearly drop since 2018 as an era of loose monetary policy ended with the Federal Reserve's fastest pace of rate hikes since the 1980s. The indexes are also set to post their biggest yearly declines since the 2008 financial crisis, largely driven by growth shares as the Fed's rate hikes boosted U.S. Treasury yields and made stocks less attractive.
17808.0
2022-12-30 00:00:00 UTC
Why Taiwan Semiconductor, Qualcomm, and Skyworks Solutions Fell Today
AAPL
https://www.nasdaq.com/articles/why-taiwan-semiconductor-qualcomm-and-skyworks-solutions-fell-today
nan
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What happened Shares of iPhone component suppliers Taiwan Semiconductor Manufacturing (NYSE: TSM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were falling more than the market Friday, down by 2.5%, 1.2%, and 0.9%, respectively, as of 10:43 a.m. ET. There wasn't much company-specific news out regarding them, but each may be feeling the impacts of a combination of negative effects. The overall Nasdaq Composite index was down as yields on long-term Treasury bonds rose, perhaps reflecting the better-than-expected numbers from the Chicago Purchasing Managers' Index (PMI) report that was delivered Friday morning. Also, earlier this week, concerns arose over China's abrupt reopening and the resulting surges in COVID-19 cases there. Late Wednesday, a leading research firm lowered its outlook for near-term iPhone shipments due to the expected supply issues. So what Technology stocks have had a pretty tight negative correlation with long-term interest rates in 2022, and on Friday morning, the 10-year Treasury Bond yield rose again by more than 6 basis points to over 3.9% at one point. While it's still below the 2022 high of 4.33%, the 10-year yield is well above its early December trough of just under 3.5%. Long-term yields might have gotten a boost because the Chicago PMI, which reflects the health of the manufacturing sector in the Chicago Fed region, came in stronger than expected. The 44.9 reading for December was much better than the 40 that was forecast, and up from 37.2 in November. Although any reading below 50 indicates a contraction, the actual result suggests that economic conditions are a bit better than the experts had feared. Since investors are in a "bad news is good news and good news is bad news" mindset as the Fed works to cool inflation, yields rose on the news, and growth stocks generally declined. Even though Taiwan Semi, Qualcomm, and Skyworks don't trade at high valuations, they are generally correlated with the high-growth tech sector. Furthermore, if the Federal Reserve continues to hike interest rates in the face of this "strong" economic reading, investors may fear that it could push the economy into recession. These key Apple (NASDAQ: AAPL) suppliers may also be feeling the heat as iPhone shipment estimates were recently lowered. Earlier this week, research site Trendforce cut its outlook for 2022 iPhone 14 shipments to just 78.1 million units. The reduction doesn't reflect a problem of demand but of supply, as Chinese manufacturer Foxconn has been experiencing COVID-19 outbreaks at its Shenzen plant (where it makes iPhones) since October, which culminated in riots at the plant in November. In addition, Trendforce notes the Apple supplier is still experiencing a labor shortage, even as the Chinese government has rolled back its restrictive "zero-COVID" policies. As a result of that labor shortage, which could get worse as COVID-19 sweeps across China, Trendforce is predicting a 22% year-over-year decline in iPhone shipments in the first quarter of 2023. Given that TSMC produces Apple's Bionic iPhone processors, Qualcomm designs the iPhone's modem (and produces it with TSMC) and Skyworks supplies a variety of communications chips for the iPhone (Apple was responsible for 58% of Skyworks' revenue last year), it's no wonder that a potential slowdown in iPhone manufacturing has their stock prices falling. Now what Semiconductor stocks were generally crushed in 2022 as the combination of high inflation, high interest rates, and a cooldown from the huge pandemic-driven surge in demand has led to low demand and high inventories. That situation doesn't appear likely resolve in the near term, as the COVID situation in China and the path of the Federal Reserve on interest rate hikes both remain uncertain. That being said, given their depressed valuations, investors looking for upside at some point in 2023 may want to give these beaten-down chip stocks a look. The market tends to be quite forward-looking with respect to the semiconductor cycle, so as soon as some leading indicators suggest a bottom, these stocks could take off from their current low multiples -- and they could do so well before their earnings follow. Furthermore, over the long term, competitively advantaged semiconductor stocks should grow faster than the economy. Perhaps that's why the long-term-focused Warren Buffett purchased shares of TSMC this past summer as its share price swooned. 10 stocks we like better than Taiwan Semiconductor Manufacturing When our award-winning 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 Taiwan Semiconductor Manufacturing 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 1, 2022 Billy Duberstein has positions in Apple and Taiwan Semiconductor Manufacturing and has the following options: short January 2023 $210 calls on Apple. His clients may own shares of the companies mentioned. The Motley Fool has positions in and recommends Apple, Qualcomm, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Skyworks Solutions and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
These key Apple (NASDAQ: AAPL) suppliers may also be feeling the heat as iPhone shipment estimates were recently lowered. Furthermore, if the Federal Reserve continues to hike interest rates in the face of this "strong" economic reading, investors may fear that it could push the economy into recession. In addition, Trendforce notes the Apple supplier is still experiencing a labor shortage, even as the Chinese government has rolled back its restrictive "zero-COVID" policies.
These key Apple (NASDAQ: AAPL) suppliers may also be feeling the heat as iPhone shipment estimates were recently lowered. What happened Shares of iPhone component suppliers Taiwan Semiconductor Manufacturing (NYSE: TSM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were falling more than the market Friday, down by 2.5%, 1.2%, and 0.9%, respectively, as of 10:43 a.m. Since investors are in a "bad news is good news and good news is bad news" mindset as the Fed works to cool inflation, yields rose on the news, and growth stocks generally declined.
These key Apple (NASDAQ: AAPL) suppliers may also be feeling the heat as iPhone shipment estimates were recently lowered. What happened Shares of iPhone component suppliers Taiwan Semiconductor Manufacturing (NYSE: TSM), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS) were falling more than the market Friday, down by 2.5%, 1.2%, and 0.9%, respectively, as of 10:43 a.m. Given that TSMC produces Apple's Bionic iPhone processors, Qualcomm designs the iPhone's modem (and produces it with TSMC) and Skyworks supplies a variety of communications chips for the iPhone (Apple was responsible for 58% of Skyworks' revenue last year), it's no wonder that a potential slowdown in iPhone manufacturing has their stock prices falling.
These key Apple (NASDAQ: AAPL) suppliers may also be feeling the heat as iPhone shipment estimates were recently lowered. The 44.9 reading for December was much better than the 40 that was forecast, and up from 37.2 in November. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Taiwan Semiconductor Manufacturing wasn't one of them!
17809.0
2022-12-30 00:00:00 UTC
Earnings Outlook for 2023 and Featured Reports for Apple, JNJ, & Others
AAPL
https://www.nasdaq.com/articles/earnings-outlook-for-2023-and-featured-reports-for-apple-jnj-others
nan
nan
Friday, December 30, 2022 The Zacks Research Daily presents the best research output of our analyst team. Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson & Johnson (JNJ) and CSX Corporation (CSX). These research reports have been hand-picked from the roughly 70 reports published by our analyst team today. You can see all of today’s research reports here >>> Earnings Outlook for 2023 Multiple forces are at play in driving stock prices at any point in time. But the two biggest forces in the long run are interest rates and corporate earnings, with our focus in this note solely on the earnings part. Aggregate bottom-up earnings for the S&P 500 index are currently expected to be up +2.2% in 2023 on +2.1% higher revenues. This would follow the +4.7% earnings growth in 2022 on +10.6% higher revenues. Estimates for 2023 have been steadily coming down, after peaking in mid-April 2022. In the aggregate, S&P 500 earnings estimates have declined by -9.4% since mid-April for the index as a whole and -11.8% excluding the Energy sector. Estimates have been cut for 12 of the 16 Zacks sectors, with the biggest cuts to estimates for the Construction (Negative revision of -29.6% since mid-April), Consumer Discretionary (-21.5%), Retail (-21.2%), Tech (-19.6%), Industrials (-13.8%), Aerospace (-13.7%), and Transportation (-10.2%). Estimates for Energy, Utilities, Autos and Basic Materials have modestly increased. The future course of revisions will depend on how the underlying economic outlook unfolds in response to the Fed tightening cycle. I am of the opinion that a relatively a benign outcome for the U.S. economy where it is able to dodge a nasty recession will be consistent with an earnings outlook that is roughly in-line with current earnings estimates. I am not suggesting that estimates do not need to come down further. But rather that with aggregate estimates outside of the Energy sector already down by almost -12% since mid-April, there may not be a whole lot of further room to fall as long as the economic outlook doesn't materially deteriorate. Today's Featured Research Reports Shares of Apple have declined -27.9% over the past year against the Zacks Tech sector's decline of -37.3% and the S&P 500 index's -20.9% pullback. The Zacks analyst believes that Apple’s holiday season iPhone shipments are expected to suffer from disruptions at its Chinese partner Foxconn’s factory in Zhengzhou. We expect Apple to ship roughly 70 million iPhones in the first quarter of fiscal 2023. The company expects year-over-year revenue growth to decelerate in the fiscal first quarter compared with the fiscal fourth quarter due to unfavorable forex. Mac revenues are expected to be negatively impacted by forex. Apple expects Mac revenues to decline substantially year over year during the December quarter. Services revenue growth is expected to be negatively impacted by challenging macroeconomic conditions, unfavorable forex, as well as weakness in digital advertising and gaming. Nevertheless, a growing subscriber base in the Services business and a strong liquidity position are key catalysts. (You can read the full research report on Apple here >>>) Shares of Johnson & Johnson have gained +3.1% over the past year against the Zacks Large Cap Pharmaceuticals industry’s gain of +12.3%. The Zacks analyst believes that J&J’s sales in the MedTech unit are recovering and the company is focusing on growing this business through new products. J&J is making rapid progress with its pipeline and line extensions. However, macroeconomic headwinds like inflationary pressure, rising input costs and negative currency impact are hurting margins. Headwinds like generic competition and pricing pressure continue. Stelara’s upcoming loss of exclusivity in 2023 is a concern. Though J&J has taken meaningful steps to resolve its talc and opioid litigation, they continue to remain an overhang on the stock. (You can read the full research report on Johnson & Johnson here >>>) CSX shares have outperformed the Zacks Transportation - Rail industry over the past six months (+6.5% vs. +3.5%). The Zacks analyst believes that CSX is benefiting from higher export coal volumes, domestic intermodal shipments and favorable pricing. With the demand scenario expected to remain strong, despite the current market bloodbath, management anticipates double-digit growth in operating income and revenues for 2022 from 2021's reported levels. However, supply-chain disturbances are hurting CSX's operations. Weakness in the merchandise segment due to lower volumes of fertilizers is concerning. High costs, primarily due to escalating fuel expenses, pose a threat to CSX’s bottom line. High capital expenditures are also worrisome. (You can read the full research report on CSX here >>>) Other noteworthy reports we are featuring today include Halliburton Company (HAL), American International Group, Inc. (AIG) and CenterPoint Energy, Inc. (CNP). Director of Research Sheraz Mian Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Preview reports. If you want an email notification each time Sheraz publishes a new article, please click here>>> Today's Must Read Robust Portfolio, Services Strength to Benefit Apple (AAPL) J&J (JNJ) Boasts a Solid Pipeline CSX (CSX) Rides on Dividends & Buyback Amid Rising Expenses Featured Reports Investments Aid CenterPoint (CNP), Supply Chain Issue Woes Per the Zacks analyst, CenterPoint Energy is expected to witness significant operations growth backed by its investment plan. Yet, supply chain issue may impact the company's operations. Akamai (AKAM) Rides on Demand for Cloud Security Solutions Per the Zacks analyst, Akamai is well poised to benefit from the increasing Internet and mobile data traffic and high demand for cloud security solutions with rising instances of cyberattacks. Coty's (COTY) E-Commerce Sales Lift Top Line Performance Per the Zacks analyst, Coty is gaining on solid online business. In fiscal first-quarter its online sales grew modestly year-on-year despite lock-down led weakness in key Chinese e-commerce platforms. Electronic Focus & Low Costs Aid Interactive Brokers (IBKR) Per the Zacks analyst, Interactive Brokers' continued focus on the Electronic Brokerage segment along with lower level of compensation costs and development of proprietary software will aid profits. JAKKS Pacific (JAKK) Banks on Digitization Efforts, Costs High Per the Zacks analyst, JAKKS Pacific's consistent focus on product expansions and digital initiatives bode well. However, increased freight expenses and a strained supply chain pose concerns. AIG Benefits From Strong Revenues and Cost-Control Measures Per the Zacks analyst, higher premiums combined with rate hikes in the Commercial lines business will drive revenues. Cost-saving efforts should aid margins. Strength in Thrombectomy Portfolio Aid Surmodics (SRDX) The Zacks analyst is upbeat about Surmodics' potential in its thrombectomy platform technology despite its operation in a highly competitive market. New Upgrades Halliburton (HAL) to Benefit from North American Exposure The Zacks analyst believes that Halliburton can take advantage of the tight fundamentals of the North American land drilling space through its market-leading pressure pumping operations. ProPetro (PUMP) to Benefit from Debt-Free Balance Sheet The Zacks analyst likes ProPetro's strong balance sheet, which has got zero debt to go with $43.2 million in cash $155 million available in the form of total liquidity. Reinsurance Group (RGA) Gains on Solid U.S. & Latin American Market Per the Zacks analyst, solid performance at the U.S. and Latin American traditional market backed by organic growth and new sales have been driving premium growth at the company. New Downgrades C.H. Robinson (CHRW) Hit Hard by Operating Cost Challenges The Zacks analyst is worried about the elevated operating expenses. High costs are hurting C.H. Robinson's bottom line. CHRW's liquidity position is bothersome too. Supply-Chain Constraints Hurt Zebra Technologies (ZBRA) Per the Zacks analyst, Zebra Technologies has been facing supply-chain issues related to component shortages, which might affect its bottom line. Also, foreign currency headwinds are concerning. Soft Print Advertising Revenue a Worry for News Corp (NWSA) News Corporation is grappling with soft print advertising demand. Per the Zacks analyst, the company needs to ramp up businesses in digital space to offset the same. 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 Johnson & Johnson (JNJ) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report CSX Corporation (CSX) : Free Stock Analysis Report American International Group, Inc. (AIG) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : 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.
Today's Must Read Robust Portfolio, Services Strength to Benefit Apple (AAPL) J&J (JNJ) Boasts a Solid Pipeline CSX (CSX) Rides on Dividends & Buyback Amid Rising Expenses Featured Reports Investments Aid CenterPoint (CNP), Supply Chain Issue Woes Per the Zacks analyst, CenterPoint Energy is expected to witness significant operations growth backed by its investment plan. Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson & Johnson (JNJ) and CSX Corporation (CSX). Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Johnson & Johnson (JNJ) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report CSX Corporation (CSX) : Free Stock Analysis Report American International Group, Inc. (AIG) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report To read this article on Zacks.com click here.
Today's Must Read Robust Portfolio, Services Strength to Benefit Apple (AAPL) J&J (JNJ) Boasts a Solid Pipeline CSX (CSX) Rides on Dividends & Buyback Amid Rising Expenses Featured Reports Investments Aid CenterPoint (CNP), Supply Chain Issue Woes Per the Zacks analyst, CenterPoint Energy is expected to witness significant operations growth backed by its investment plan. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Johnson & Johnson (JNJ) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report CSX Corporation (CSX) : Free Stock Analysis Report American International Group, Inc. (AIG) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report To read this article on Zacks.com click here. Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson & Johnson (JNJ) and CSX Corporation (CSX).
Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson & Johnson (JNJ) and CSX Corporation (CSX). Today's Must Read Robust Portfolio, Services Strength to Benefit Apple (AAPL) J&J (JNJ) Boasts a Solid Pipeline CSX (CSX) Rides on Dividends & Buyback Amid Rising Expenses Featured Reports Investments Aid CenterPoint (CNP), Supply Chain Issue Woes Per the Zacks analyst, CenterPoint Energy is expected to witness significant operations growth backed by its investment plan. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Johnson & Johnson (JNJ) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report CSX Corporation (CSX) : Free Stock Analysis Report American International Group, Inc. (AIG) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report To read this article on Zacks.com click here.
Today’s Research Daily features an update on the evolving earnings picture for 2023 and new research reports on 16 major stocks, including Apple Inc. (AAPL), Johnson & Johnson (JNJ) and CSX Corporation (CSX). Today's Must Read Robust Portfolio, Services Strength to Benefit Apple (AAPL) J&J (JNJ) Boasts a Solid Pipeline CSX (CSX) Rides on Dividends & Buyback Amid Rising Expenses Featured Reports Investments Aid CenterPoint (CNP), Supply Chain Issue Woes Per the Zacks analyst, CenterPoint Energy is expected to witness significant operations growth backed by its investment plan. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Johnson & Johnson (JNJ) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report CSX Corporation (CSX) : Free Stock Analysis Report American International Group, Inc. (AIG) : Free Stock Analysis Report CenterPoint Energy, Inc. (CNP) : Free Stock Analysis Report To read this article on Zacks.com click here.
17810.0
2022-12-30 00:00:00 UTC
US STOCKS-Wall St set to close torrid year on downbeat note
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-set-to-close-torrid-year-on-downbeat-note
nan
nan
By Amruta Khandekar and Ankika Biswas Dec 30 (Reuters) - Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The three main indexes are set for their first annual drop after three straight years of gains as an era of loose monetary policy came to an end following the fastest pace of rate hikes by the Federal Reserve since the 1980s. The benchmark S&P 500 .SPX has shed 20% this year and the tech-heavy Nasdaq .IXIC is down 34%, putting them on track for their biggest yearly declines since the 2008 financial crisis, largely driven by a rout in technology shares. Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.7% and 1.4% on Friday, as U.S. Treasury yields rose. The losses made communication services .SPLRCL, technology .SPLRCT and the retail index .SPXRTamong the top decliners on the S&P 500, with the three sectors shedding between 0.9% and 1.2%. Healthcare .SPXHC shares fell 1% and were also a major drag on the S&P 500 and the Dow .DJI, while the energy .SPNYsector was the only gainer, with a marginal 0.1% rise. The tech sector has been pummeled this year with declines of 29%, while energy .SPNY has recorded stellar annual gains of 58% due to a surge in oil prices. Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically-linked value peers in a reversal of a trend that has lasted for much of the past decade. The S&P 500 growth index .IGX is down about 30.5% this year, while the value index .IVX has fallen just 7.7%, with investors preferring high dividend-yielding sectors with steady earnings such as energy. "We could see the next few years where value does better than growth," said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. "A lot of that is just a rotation from very expensive stocks to those that are a little bit cheaper and you see better growth opportunities in some of those other sectors." Focus has now shifted to the corporate earnings outlook in 2023 as investors grow increasingly concerned about the likelihood of a sharp economic downturn due to the rate hikes. Wall Street's main indexes closed higher on Thursday after unemployment data signaled the Fed's policy tightening was starting to take a toll on the U.S. labor market. Still, signs of resilience in the American economy have fueled concerns that the rates could stay higher for longer, though easing inflationary pressures have raised hopes of dialed-down rate hikes. Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by the middle of next year. FEDWATCH At 11:51 a.m. ET, the Dow Jones Industrial Average .DJI was down 237.34 points, or 0.71%, at 32,983.46, the S&P 500 .SPX was down 30.84 points, or 0.80%, at 3,818.44, and the Nasdaq Composite .IXIC was down 93.36 points, or 0.89%, at 10,384.73. U.S.-listed shares of Shaw Communications Inc SJR.N jumped 9.4% after Canada's antitrust tribunal approved rival Rogers Communications Inc's RCIb.TO C$20 billion ($14.77 billion) bid for the telecom company. Declining issues outnumbered advancers for a 2.51-to-1 ratio on the NYSE and for a 1.73-to-1 ratio on the Nasdaq. The S&P index recorded no new 52-week highs and no new lows, while the Nasdaq recorded 45 new highs and 79 new lows. Most major S&P sectors fall in 2022, energy outperformshttps://tmsnrt.rs/3WSRYtB (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Vinay Dwivedi, Arun Koyyur and Sriraj Kalluvila) ((Ankika.Biswas@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.7% and 1.4% on Friday, as U.S. Treasury yields rose. By Amruta Khandekar and Ankika Biswas Dec 30 (Reuters) - Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The three main indexes are set for their first annual drop after three straight years of gains as an era of loose monetary policy came to an end following the fastest pace of rate hikes by the Federal Reserve since the 1980s.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.7% and 1.4% on Friday, as U.S. Treasury yields rose. By Amruta Khandekar and Ankika Biswas Dec 30 (Reuters) - Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The tech sector has been pummeled this year with declines of 29%, while energy .SPNY has recorded stellar annual gains of 58% due to a surge in oil prices.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.7% and 1.4% on Friday, as U.S. Treasury yields rose. By Amruta Khandekar and Ankika Biswas Dec 30 (Reuters) - Wall Street was pulled lower by losses in growth and healthcare shares on the final trading day of a tough year, which was marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The benchmark S&P 500 .SPX has shed 20% this year and the tech-heavy Nasdaq .IXIC is down 34%, putting them on track for their biggest yearly declines since the 2008 financial crisis, largely driven by a rout in technology shares.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.7% and 1.4% on Friday, as U.S. Treasury yields rose. The losses made communication services .SPLRCL, technology .SPLRCT and the retail index .SPXRTamong the top decliners on the S&P 500, with the three sectors shedding between 0.9% and 1.2%. The S&P 500 growth index .IGX is down about 30.5% this year, while the value index .IVX has fallen just 7.7%, with investors preferring high dividend-yielding sectors with steady earnings such as energy.
17811.0
2022-12-30 00:00:00 UTC
US STOCKS-Wall St dragged down by growth stocks on last trading day of torrid year
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-dragged-down-by-growth-stocks-on-last-trading-day-of-torrid-year
nan
nan
By Ankika Biswas and Amruta Khandekar Dec 30 (Reuters) - Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose. The declines made communication services .SPLRCL, technology .SPLRCT and the retail index .SPXRT the top decliners among major S&P 500 sectors, down more than 1.2% each. Wall Street's three main indexes were set for their first annual drop after three straight years of gains as the Federal Reserve's fastest pace of increase to borrowing costs since the 1980s to tame soaring prices marked an end to the era of easy money. Investors avoided riskier bets and fled to safer assets such as the U.S. dollar, pushing down the benchmark S&P 500 .SPX 20% and the tech-heavy Nasdaq .IXIC nearly 34% this year. Both indexes were on course for their biggest yearly declines since the 2008 financial crisis. Growth stocks have been under pressure from rising yields for much of 2022 and have underperformed their economically-linked value peers in a reversal of a trend that has lasted for much of the past decade. The S&P 500 growth index .IGX is down about 30% this year while the value index .IVX has dropped 7.9%, with investors preferring high dividend yielding sectors with steady earnings such as energy. The tech sector has shed 29.8% this year and is among the worst performing of the major S&P 500 sectors in 2022. Focus has now shifted to the outlook for corporate earnings in 2023 as investors grow increasingly concerned about the likelihood of a sharp economic downturn due to the rate hikes. "The economy is going to go south because we've raised rates too much. So, by the time we're a few weeks (into 2023), we're going to start to get some earnings warnings," said Dennis Dick, market structure analyst and trader at Triple D Trading. "(The) back half of 2023 is going to be better because I believe the Fed will stop raising interest rates. And I also believe that they will talk about lowering interest rates." Wall Street's main indexes closed higher on Thursday after unemployment data signaled the Fed's policy tightening was starting to take a toll on the U.S. labor market. Still, signs of resilience in the American economy have fueled concerns that the rates could stay higher for longer though easing inflationary pressures have kept alive hopes that the Fed could dial down the size of its hikes. Money market participants see 65% odds of a 25-basis-point hike in the Fed's February meeting, with rates expected to peak at 4.97% by the middle of next year. FEDWATCH At 9:57 a.m. ET, the Dow Jones Industrial Average .DJI was down 260.27 points, or 0.78%, at 32,960.53, the S&P 500 .SPX was down 36.61 points, or 0.95%, at 3,812.67, and the Nasdaq Composite .IXIC was down 129.85 points, or 1.24%, at 10,348.24. U.S.-listed shares of Shaw Communications Inc SJR.N jumped 9.8% after Canada's antitrust tribunal approved rival Rogers Communications Inc's RCIb.TO C$20 billion ($14.77 billion) bid for the telecom company. Declining issues outnumbered advancers for a 4.48-to-1 ratio on the NYSE and for a 2.75-to-1 ratio on the Nasdaq. The S&P index recorded no new 52-week highs and no new lows, while the Nasdaq recorded 29 new highs and 45 new lows. (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Vinay Dwivedi, Arun Koyyur and Sriraj Kalluvila) ((Ankika.Biswas@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose. By Ankika Biswas and Amruta Khandekar Dec 30 (Reuters) - Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. Wall Street's three main indexes were set for their first annual drop after three straight years of gains as the Federal Reserve's fastest pace of increase to borrowing costs since the 1980s to tame soaring prices marked an end to the era of easy money.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose. By Ankika Biswas and Amruta Khandekar Dec 30 (Reuters) - Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The S&P 500 growth index .IGX is down about 30% this year while the value index .IVX has dropped 7.9%, with investors preferring high dividend yielding sectors with steady earnings such as energy.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose. By Ankika Biswas and Amruta Khandekar Dec 30 (Reuters) - Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. Wall Street's three main indexes were set for their first annual drop after three straight years of gains as the Federal Reserve's fastest pace of increase to borrowing costs since the 1980s to tame soaring prices marked an end to the era of easy money.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 1.5% and 1.8% on Friday, as U.S. Treasury yields rose. By Ankika Biswas and Amruta Khandekar Dec 30 (Reuters) - Wall Street's main indexes were dragged lower by battered growth stocks on the final trading day of a roller-coaster year marked by aggressive interest-rate hikes to curb inflation, the Russia-Ukraine war and recession fears. The declines made communication services .SPLRCL, technology .SPLRCT and the retail index .SPXRT the top decliners among major S&P 500 sectors, down more than 1.2% each.
17812.0
2022-12-30 00:00:00 UTC
Comcast's (CMCSA) Project Up Helps in Philadelphia Expansion
AAPL
https://www.nasdaq.com/articles/comcasts-cmcsa-project-up-helps-in-philadelphia-expansion
nan
nan
Comcast CMCSA has been focusing on strengthening its brand and footprint through its Project Up program across the United States. It has distributed more than $4.3 million in grants to 30 non-profit organizations across Philadelphia, which support digital adoption and skill training for residents in 2022. Project UP is Comcast’s mission of investing $1 billion in various initiatives to reach tens of millions of people over the next decade to provide them with the skills, resources and opportunities needed to succeed in a digital world. It encompasses Internet Essentials, Lift Zones and Comcast RISE. Comcast launched more than 1,250 Lift Zones in community centers nationwide, with 77 locations in Philadelphia alone, to provide students and families with free, high-speed WiFi. Through Comcast RISE, the company has awarded $2 million in grants ($10,000 each) to 200 small businesses in Philadelphia and Chester, PA. It also awarded nearly 500 Philadelphia small businesses with service packages in the form of technology makeovers and marketing resources. Comcast Corporation Price and Consensus Comcast Corporation price-consensus-chart | Comcast Corporation Quote Comcast recently announced that Comcast RISE, an initiative created in 2020 to help strengthen and empower small businesses hard hit by COVID-19, has met its goal of supporting 13,000 small businesses nationwide in 2022. Comcast will introduce a phase of Comcast RISE in 2023. Comcast Expands Business Operations Project Up helps Comcast to expand its digital footprint in inaccessible parts of America. The program helps Comcast in addressing the needs of small and medium-sized business owners in these regions. Comcast has started to work on making a network transition to the DOCSIS 4.0 technology that will help it expand much faster and at a lower cost than competitors in the broadband space. Comcast’s recent quarterly results reflected slowing broadband user base addition primarily due to the reversal of the pandemic trends and increased competition. Broadband prospects are suffering from increased competition from fixed wireless and fiber. In third-quarter 2022, the total broadband customer net additions were 14K. Comcast’s Xfinity Mobile brand combines the nation’s largest and most reliable 4G LTE network with 19 million Xfinity Wi-Fi hotspots. This promises to deliver a great wireless experience, which can save up to 30% on the monthly wireless bills of customers with Xfinity Mobile service. This Zacks Rank #3 (Hold) company added 333K wireless lines in the third quarter of 2022, causing wireless revenues to increase 30.8% to $789 million. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Comcast’s division NBCUniversal’s streaming service, Peacock, is gaining significant traction due to its availability on Xfinity with X1 and Flex, and is expected to aid growth through its original content from WWE and the NFL. However, Comcast continues to face customer loss in the video segment, wherein it is facing stiff competition from the likes of Netflix NFLX, Disney DIS and Apple AAPL. Video revenues decreased 4.4% year over year to $5.26 billion in the third quarter of 2022, owing to continued cord-cutting. Cheaper ad-supported services from Netflix and Disney+ are expected to attract users. Apple TV+, at an affordable $4.99, is benefiting from quality content with its strong portfolio of original shows and movies. This is expected to increase competition for Comcast’s Peacock and video businesses. However, Peacock is well-poised to grow, owing to its vast library of IPs and new productions. The recovery in the park and movie business bodes well for Comcast’s prospects. The Theme Park business has been on a recovery path this year, with revenues jumping 71.6% to $5.43 billion year to date. A growing admission rate in its theme parks is expected to drive top-line growth. The launch of Super Nintendo World in Japan, the Velocicoaster in Orlando and Secret Life of Pets in Hollywood are noteworthy. Super Nintendo World will open in Hollywood early next year. Another Nintendo-themed area, Donkey Kong, will open in Japan in 2024. Epic Universe is expected to open in the summer of 2025, which will transform Universal Orlando into a weeklong destination. These expansions bode well for Comcast’s prospects. 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 Comcast Corporation (CMCSA) : 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.
However, Comcast continues to face customer loss in the video segment, wherein it is facing stiff competition from the likes of Netflix NFLX, Disney DIS and Apple AAPL. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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. Project UP is Comcast’s mission of investing $1 billion in various initiatives to reach tens of millions of people over the next decade to provide them with the skills, resources and opportunities needed to succeed in a digital world.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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. However, Comcast continues to face customer loss in the video segment, wherein it is facing stiff competition from the likes of Netflix NFLX, Disney DIS and Apple AAPL. Comcast Corporation Price and Consensus Comcast Corporation price-consensus-chart | Comcast Corporation Quote Comcast recently announced that Comcast RISE, an initiative created in 2020 to help strengthen and empower small businesses hard hit by COVID-19, has met its goal of supporting 13,000 small businesses nationwide in 2022.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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. However, Comcast continues to face customer loss in the video segment, wherein it is facing stiff competition from the likes of Netflix NFLX, Disney DIS and Apple AAPL. Comcast Corporation Price and Consensus Comcast Corporation price-consensus-chart | Comcast Corporation Quote Comcast recently announced that Comcast RISE, an initiative created in 2020 to help strengthen and empower small businesses hard hit by COVID-19, has met its goal of supporting 13,000 small businesses nationwide in 2022.
However, Comcast continues to face customer loss in the video segment, wherein it is facing stiff competition from the likes of Netflix NFLX, Disney DIS and Apple AAPL. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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. Through Comcast RISE, the company has awarded $2 million in grants ($10,000 each) to 200 small businesses in Philadelphia and Chester, PA.
17813.0
2022-12-30 00:00:00 UTC
Stock Market News for Dec 30, 2022
AAPL
https://www.nasdaq.com/articles/stock-market-news-for-dec-30-2022
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Wall Street closed higher on Thursday in a light day of trading. The general mood was buy-the-dip as the market went in for a year-end rally. Economic data showed jobless claims rising even as the labor market remained resilient. All three major indexes ended in the green. How Did the Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 1.1% or 345.09 points to close at 33,220.8 points. Twenty-eight components of the 30-stock index ended in positive territory, while two ended in the negative. The S&P 500 gained 1.8% or 66.06 points to close at 3,849.28 points. All of the 11 broad sectors of the benchmark index ended in positive territory. The Communication Services Select Sector SPDR (XLC), the Technology Select Sector SPDR (XLK) and the Consumer Discretionary Select Sector SPDR (XLY) increased 2.8%, 2.6% and 2.6%, respectively. The tech-heavy Nasdaq added 2.6% or 264.80 points to finish at 10,478.09 points, led by large-cap growth stocks. The fear-gauge CBOE Volatility Index (VIX) decreased 3.2% to 21.44. A total of 8.8 billion shares were traded on Thursday, lower than the last 20-session average of 11 billion. Advancers outnumbered decliners on the NYSE by a 4.80-to-1 ratio. On Nasdaq, a 4.30-to-1 ratio favored advancing issues. Jobless Claims Lead Year-end Relief Rally Wall Street continues to be in a “bad news is good news” mood after it became amply clear that there was no Santa Claus Rally in the offing. The Fed, in its December meet, sent out signals that accelerated rate hikes would continue well into 2023 till there is sustained and quantifiable evidence that inflation is in control. Recent sessions have been dominated either by the apprehension of an economic downturn rising out of continued monetary policy tightening, or economic indicators suggesting a soft landing for the economy. Thursday’s trade was boosted by economic data, with jobless claims for the week coming in higher. The Labor Department said on Thursday that initial jobless claims rose to 225,000, increasing 9,000 for the week ending Dec 24, from the previous week's unrevised level. The four-week moving average decreased to 221,000, marking a fall of 250 from the previous week’s revised average. The previous week's average was revised down by 500 from 221,750 to 221,250. Continuing claims came in at 1,710,000 for the week ending Dec 17, increasing 41,000 from the previous week’s revised level. The previous week's numbers were revised down by 3,000 from 1,672,000 to 1,669,000. The 4-week moving average came in at 1,679,500, an increase of 25,250 from the previous week's revised average. The previous week's average was revised down by 3,000 from 1,657,250 to 1,654,250. The irony remains that investors are currently optimistic as they see an increased number of Americans filing claims for jobless benefits last week. But even as new claims rise and continued claims came in the highest since February, they remain at a level that suggests that the labor market is still tight. This might deter the Fed from going slow in its policy tightening. However, these jobs numbers certainly did enough on the day to send the market into a much due relief rally in a week that is looking to end more or less flat, that too in the peak holiday season. Crude oil prices fell on the day as COVID cases rose in China, with the mega oil-importer relaxing its pandemic restrictions. However, strong demand in the U.S. market ensured that the energy sector did not suffer for the day. WTI crude fell 0.7% to settle at $78.40/barrel, while Brent settled at $82.26/barrel, down 1.2%. The biggest gainers on the day were communication services, technology and consumer discretionary stocks, in a broad-based relief rally. Consequently, shares of Apple Inc. AAPL and Amazon.com, Inc. AMZN rose 2.8% and 2.9%, respectively. Both carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data For the week ending Dec 23, U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum Reserve) increased by 0.7 million barrels from the previous week. Last week, it had gone down by 5.9 million barrels. 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : 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.
Consequently, shares of Apple Inc. AAPL and Amazon.com, Inc. AMZN rose 2.8% and 2.9%, respectively. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Fed, in its December meet, sent out signals that accelerated rate hikes would continue well into 2023 till there is sustained and quantifiable evidence that inflation is in control.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Consequently, shares of Apple Inc. AAPL and Amazon.com, Inc. AMZN rose 2.8% and 2.9%, respectively. The Communication Services Select Sector SPDR (XLC), the Technology Select Sector SPDR (XLK) and the Consumer Discretionary Select Sector SPDR (XLY) increased 2.8%, 2.6% and 2.6%, respectively.
Consequently, shares of Apple Inc. AAPL and Amazon.com, Inc. AMZN rose 2.8% and 2.9%, respectively. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. The Labor Department said on Thursday that initial jobless claims rose to 225,000, increasing 9,000 for the week ending Dec 24, from the previous week's unrevised level.
Consequently, shares of Apple Inc. AAPL and Amazon.com, Inc. AMZN rose 2.8% and 2.9%, respectively. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. All of the 11 broad sectors of the benchmark index ended in positive territory.
17814.0
2022-12-30 00:00:00 UTC
Apple Inc. (AAPL) Is a Trending Stock: Facts to Know Before Betting on It
AAPL
https://www.nasdaq.com/articles/apple-inc.-aapl-is-a-trending-stock%3A-facts-to-know-before-betting-on-it-3
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Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future. Shares of this maker of iPhones, iPads and other products have returned -12.6% over the past month versus the Zacks S&P 500 composite's -2.6% change. The Zacks Computer - Mini computers industry, to which Apple belongs, has lost 8% over this period. Now the key question is: Where could the stock be headed in the near term? Although media reports or rumors about a significant change in a company's business prospects usually cause its stock to trend and lead to an immediate price change, there are always certain fundamental factors that ultimately drive the buy-and-hold decision. Earnings Estimate Revisions Rather than focusing on anything else, we at Zacks prioritize evaluating the change in a company's earnings projection. This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors' interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Apple is expected to post earnings of $1.93 per share for the current quarter, representing a year-over-year change of -8.1%. Over the last 30 days, the Zacks Consensus Estimate has changed -3.7%. The consensus earnings estimate of $6.18 for the current fiscal year indicates a year-over-year change of +1.2%. This estimate has changed -1.2% over the last 30 days. For the next fiscal year, the consensus earnings estimate of $6.70 indicates a change of +8.3% from what Apple is expected to report a year ago. Over the past month, the estimate has changed -1%. Having a strong externally audited track record, our proprietary stock rating tool, the Zacks Rank, offers a more conclusive picture of a stock's price direction in the near term, since it effectively harnesses the power of earnings estimate revisions. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Apple is rated Zacks Rank #3 (Hold). The chart below shows the evolution of the company's forward 12-month consensus EPS estimate: 12 Month EPS Projected Revenue Growth While earnings growth is arguably the most superior indicator of a company's financial health, nothing happens as such if a business isn't able to grow its revenues. After all, it's nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. So, it's important to know a company's potential revenue growth. For Apple, the consensus sales estimate for the current quarter of $120.8 billion indicates a year-over-year change of -2.5%. For the current and next fiscal years, $403.83 billion and $427.22 billion estimates indicate +2.4% and +5.8% changes, respectively. Last Reported Results and Surprise History Apple reported revenues of $90.15 billion in the last reported quarter, representing a year-over-year change of +8.1%. EPS of $1.29 for the same period compares with $1.24 a year ago. Compared to the Zacks Consensus Estimate of $88.47 billion, the reported revenues represent a surprise of +1.9%. The EPS surprise was +2.38%. The company beat consensus EPS estimates in each of the trailing four quarters. The company topped consensus revenue estimates each time over this period. Valuation Without considering a stock's valuation, no investment decision can be efficient. In predicting a stock's future price performance, it's crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company's growth prospects. Comparing the current value of a company's valuation multiples, such as its price-to-earnings (P/E), price-to-sales (P/S), and price-to-cash flow (P/CF), to its own historical values helps ascertain whether its stock is fairly valued, overvalued, or undervalued, whereas comparing the company relative to its peers on these parameters gives a good sense of how reasonable its stock price is. As part of the Zacks Style Scores system, the Zacks Value Style Score (which evaluates both traditional and unconventional valuation metrics) organizes stocks into five groups ranging from A to F (A is better than B; B is better than C; and so on), making it helpful in identifying whether a stock is overvalued, rightly valued, or temporarily undervalued. Apple is graded C on this front, indicating that it is trading at par with its peers. Click here to see the values of some of the valuation metrics that have driven this grade. Conclusion The facts discussed here and much other information on Zacks.com might help determine whether or not it's worthwhile paying attention to the market buzz about Apple. However, its Zacks Rank #3 does suggest that it may perform in line with the broader market in the near term. 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 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.
Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.
Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. For the next fiscal year, the consensus earnings estimate of $6.70 indicates a change of +8.3% from what Apple is expected to report a year ago.
Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Due to the size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, Apple is rated Zacks Rank #3 (Hold).
Apple (AAPL) has recently been on Zacks.com's list of the most searched stocks. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. And if earnings estimates go up for a company, the fair value for its stock goes up.
17815.0
2022-12-30 00:00:00 UTC
3 Top Stocks Worth Buying for the Long Term in 2023
AAPL
https://www.nasdaq.com/articles/3-top-stocks-worth-buying-for-the-long-term-in-2023
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Most investors will be happy to turn the page on 2022 and get a fresh start in 2023, and I count myself among that group. I don't know how the economy will fare in 2023, or what geopolitical events may surface, so I don't know if the market will remain in "risk off" mode or return to more of a "risk on" appetite, and I don't try to make any directional call on the market itself. Instead, I try to look for stocks that I think will do well over a multi-year time frame, and that will hold up well even if 2023 is another challenging year. I have my sights set on profitable companies with stocks that trade at attractive valuations. I'm also looking for stocks that pay a dividend, buy back shares, or ideally both. I'm also looking for businesses that have solid long-term growth prospects. With that in mind, here are my top three stocks worth buying for the long term in 2023. Image source: Getty Images. 1. Ermenegildo Zegna This year renewed my appreciation for businesses that have true long-term staying power and a real moat, as many previously high-flying stocks sputtered out once interest rates rose. Ermenegildo Zegna N.V. (NYSE: ZGN) certainly fits this bill -- the Italian luxury house has been around for 112 years, and it has earned a reputation for quality and craftsmanship in that time. True luxury brands have some of the best moats out there -- and it takes a long time for a new company to achieve such recognition. The luxury market is also more resilient than one might expect. Luxury brands cater to consumers at the upper tiers of the economic spectrum, and these customers tend to have more disposable income that isn't as affected by inflation or a slowing economy. But investing in luxury goods stocks isn't just about playing defense. This a good space to be in over the long term -- Statista calls luxury goods a $312 billion market and predicts that it will grow at a 5.4% compound annual growth rate (CAGR) over the next five years. Euromonitor forecasts that the personal premium goods market will grow 6% to 8% over the next three years as it grows into a $370 billion industry. Zegna is growing at an impressive rate, with 27.5% year-over-year revenue growth last quarter. It's on fire in the Middle East and Africa (86.4% revenue growth), the U.K. (61.6%), North America (33.2%), and Latin America (33.2%). China is a key market for the company, and while sales there were only up 3%, Zegna should be a major beneficiary when China's economy fully reopens, hopefully sometime in 2023. Zegna trades at a reasonable forward valuation of about 22 times earnings, and it recently initiated an annual dividend payment. 2. Restaurant Brands International My next top pick for 2023 is Restaurant Brands International (NYSE: QSR). The parent company of Burger King, Tim Hortons, Popeyes Louisiana Kitchen, and Firehouse Subs has outperformed the market in 2022, with a gain of 7% year to date. This is a defensive, resilient business -- even if customers are tightening their belts, fast food restaurants like Burger King are a fairly economical option. Furthermore, Restaurant Brands is an asset-light franchisor that receives royalty payments from its franchisees based on revenue, which helps to give it some protection from inflation. While this is a defensive stock, there is plenty of room for long-term growth, especially internationally. Tim Hortons now has over 1,500 locations outside of its native Canada, and recently entered the Indian market. During the past quarter it opened its 50th location in Mexico. Burger King continues to enjoy strong international performance with double-digit comparable sales growth in markets like France, Spain, and the U.K. Meanwhile, Popeyes is getting ready to enter lucrative new markets like South Korea and Indonesia. Even after this year's outperformance, shares of Restaurant Brands look palatable at about 21 times earnings and with a dividend that yields 3.3%. One final kicker that makes Restaurant Brands stock even more appealing is the presence of former Domino's Pizza CEO Patrick Doyle as the chairman of the board. Doyle has skin in the game, having purchased $30 million worth of shares, and he is aligned with investors, forgoing a salary and instead being awarded performance stock units based on the stock price rising over the next five years, which I view as tremendously bullish for the stock. 3. Taiwan Semiconductor Semiconductor stocks have been hammered this year as a glut of supply has weighed on the space. I don't know if this trend will resolve itself in 2023, but I do know that I like Taiwan Semiconductor Manufacturing (NYSE: TSM), the world's largest contract manufacturer of semiconductors, anyway because over the long term, this is still a space that I want exposure to. Rival Intel forecasts that global spending on semiconductors will grow from $600 billion today to $1 trillion annually by 2030, so over the long term, there is still tremendous growth potential for this market. Taiwan Semiconductor makes the world's smallest and most advanced chips, giving it a tremendous moat. Not many companies can simply set up shop and start competing with it. The company's top customers are a who's who of top semiconductor companies, including Apple, Nvidia, and Advanced Micro Devices. Taiwan Semiconductor's chips serve a wide variety of lucrative end markets including high-performance computing, smartphones, automotive, artificial intelligence, and more. Thanks to short-term issues, shares of Taiwan Semiconductor are down 38% in 2022 and now trade at just 13.5 times earnings, which is well below the average multiple for the S&P 500. This seems like an attractive valuation for a company with Taiwan Semiconductor's moat and secular growth prospects. Taiwan Semiconductor is also a dividend payer and the shares currently yield 2.4%. Need one more reason to consider investing? Warren Buffett recently initiated a large investment in Taiwan Semiconductor. I'm looking forward to a fresh start in 2023, and while I don't know how the market will perform, I believe that these three stocks will be good investments for 2023 and well beyond based on their palatable valuations, returns to shareholders, and long-term growth prospects. 10 stocks we like better than Ermenegildo Zegna When our award-winning 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 Ermenegildo Zegna 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 1, 2022 Michael Byrne has positions in Ermenegildo Zegna. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Domino's Pizza, Intel, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Restaurant Brands International and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on 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.
Ermenegildo Zegna This year renewed my appreciation for businesses that have true long-term staying power and a real moat, as many previously high-flying stocks sputtered out once interest rates rose. Luxury brands cater to consumers at the upper tiers of the economic spectrum, and these customers tend to have more disposable income that isn't as affected by inflation or a slowing economy. I'm looking forward to a fresh start in 2023, and while I don't know how the market will perform, I believe that these three stocks will be good investments for 2023 and well beyond based on their palatable valuations, returns to shareholders, and long-term growth prospects.
The company's top customers are a who's who of top semiconductor companies, including Apple, Nvidia, and Advanced Micro Devices. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Domino's Pizza, Intel, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Restaurant Brands International and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on Apple.
Doyle has skin in the game, having purchased $30 million worth of shares, and he is aligned with investors, forgoing a salary and instead being awarded performance stock units based on the stock price rising over the next five years, which I view as tremendously bullish for the stock. I'm looking forward to a fresh start in 2023, and while I don't know how the market will perform, I believe that these three stocks will be good investments for 2023 and well beyond based on their palatable valuations, returns to shareholders, and long-term growth prospects. The Motley Fool recommends Restaurant Brands International and recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on Apple.
Even after this year's outperformance, shares of Restaurant Brands look palatable at about 21 times earnings and with a dividend that yields 3.3%. I'm looking forward to a fresh start in 2023, and while I don't know how the market will perform, I believe that these three stocks will be good investments for 2023 and well beyond based on their palatable valuations, returns to shareholders, and long-term growth prospects. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Ermenegildo Zegna wasn't one of them!
17816.0
2022-12-30 00:00:00 UTC
Daily Markets: Stocks Close the Book on a Challenging Year
AAPL
https://www.nasdaq.com/articles/daily-markets%3A-stocks-close-the-book-on-a-challenging-year
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Today’s Big Picture Asia-Pacific equity markets finished the last trading session for 2022 in a mixed mood with modest gains in Hong Kong’s Seng, China’s Shanghai Composite and Australia’s ASX All Ordinaries offset by the 0.5% decline in India’s Sensex and the flat performance in Japan’s Nikkei. Equity markets in South Korea were closed today. Like equity markets in the U.S., 2022 was a challenging time for Asia-Pacific equities as nearly every major index finished in the red. South Korea’s Kospi closed 2022 24.9% lower followed by Hong Kong’s Hang Send (-15.5%) and China’s Shanghai Composite (-15.1%). Japan’s Nikkei lost 9.4% for the year and Australia’s ASX All Ordinaries shed just over 7%. The lone index in the region to post a positive return of 4.4% for 2022 was India’s Sensex. By mid-day trading, European equity indices were down across the board, and U.S. futures point to lower market open for this final trading day of 2022. The year has been a painful one for stocks as investors faced an evolving hurdle of challenges throughout the year, leaving all major U.S. market indices in the red despite some gains for the current quarter. More than likely the somber market tone for 2022 combined with the lack of market-moving headlines and the usual fade in trading volume leading into a holiday weekend will weigh on stocks as we close out the year. When we return from the holiday weekend, the market will start anew as it faces a sea of December economic data and prepares for the next quarterly earnings season. We helped guide you through 2022, and we will be there to do the same in 2023. To all readers of Daily Markets, we wish you a wonderful New Year’s Eve and all the best in 2023. We’ll see you with the next edition of Daily Markets on Tuesday, December 3. Data Download International Economy Last night saw the release of December YoY CPI for South Korea, which came in a little hotter than expected, at 5.0% as compared to expectations of 4.9%. While uncharacteristically high, it does seem that South Korean inflation has rolled over, down from the July 2022 YoY 6.34% level. China has approved Merck & Co’s Lagevrio, a Covid-19 antiviral molnupiravir, for emergency use as the country expands access to treatments following a massive wave of infections after pivoting away from its Covid Zero policies earlier this month. Domestic Economy At 9:45 AM ET, December Chicago PMI will be released and is expected to indicate a strengthening environment, rising to 40.0 from the previously reported 37.2. We’d remind readers PMI figures above 50 indicate growth while those below 50 point to a contraction. President Biden signed the $1.7 spending bill that funds the federal government through September 30, 2023, allocates $45 billion in military aid for Ukraine, and bans TikTok on government-issued devices. Markets Better late than never is probably what investors thought about yesterday’s price action as the “Santa Claus Rally” finally kicked into gear. The Dow was up 1.05%, the S&P 500 advanced 1.75%, and both the Russell 2000 and the Nasdaq Composite gained just under 2.60%. Sectors were running on all cylinders, pushed ahead by Communication Services (2.76%), Technology (2.62%), and Consumer Discretionary (2.57%) as the once highflying names of the past few years came back to life, at least for the day. For example, Tesla (TSLA) and Amazon (AMZN) accounted for just over 50% of the gains in Consumer Discretionary, and Microsoft (MSFT) and Apple (AAPL) drove approximately 46% of the results of Technology. Yesterday’s results were indeed a welcome relief, but it is not lost on investors that the year-to-date returns for many of these and many other names still sit in the -30% to -60% range. Here’s how the major market indicators stack up year-to-date: Dow Jones Industrial Average: -8.58% S&P 500: -19.24% Nasdaq Composite: -33.03% Russell 2000: -21.34% Bitcoin (BTC-USD): -64.15% Ether (ETH-USD): -67.45% Stocks to Watch Before trading kicks off for U.S.-listed equities, no companies are slated to report their latest quarterly results. That said, we would caution readers to be on the watch for earnings pre-announcements during what is typically a very quiet holiday week for equity markets. At the Auto Guangzhou 2022 event, Li Auto (LI) announced its December deliveries will exceed 20,000 vehicles. It also announced its plan to hold a dedicated launch event for Li L7, a five-seat flagship family SUV, on February 8, 2023. Baidu (BIDU) shared it had been granted the first license in Beijing to test an autonomous vehicle with safety operator as a backup. IPOs As the holiday season continues, the near-term IPO calendar is relatively light so there are no significant IPOs slated to price this week. Readers looking to dig more into the upcoming IPO calendar should visit Nasdaq’s Latest & Upcoming IPOs page. After Today’s Market Close No companies are slated to report their latest quarterly results after equities stop trading today. We would caution readers to be on the watch for earnings pre-announcements during what is typically a very quiet holiday week for equity markets. Those looking for more on which companies are reporting when, head on over to Nasdaq’s Earnings Calendar. On the Horizon Monday, January 2 Eurozone: S&P Global Eurozone Manufacturing PMI - December Tuesday, January 3 China: Caixin China General Manufacturing PMI – December UK: S&P Global /CIPS UK Manufacturing PMI - December US: Construction Spending – November US: S&P Global US Manufacturing PMI – December Wednesday, January 4 Japan: Au Jibun Bank Japan Manufacturing PMI – December Eurozone: S&P Global Eurozone Services PMI - December US: ISM Manufacturing Index – December US: JOLTS – Job Openings Report – November Thursday, January 5 China: Caixin China General Services PMI – December UK: S&P Global/CIPS UK Services PMI US: ADP Employment Change Report – December US: S&P Global US Sector PMI – December Friday, January 6 Japan: Au Jibun Bank Japan Services PMI - December US: Employment Report – December US: Factory Orders – November US: ISM Non-Manufacturing Index Thought for the Day “An optimist stays up until midnight to see the new year in. A pessimist stays up to make sure the old year leaves.” ― Bill Vaughan Disclosures Li Auto (LI), Tesla (TSLA) are constituents of the Tematica BITA Cleaner Living Sustainability Screened Index Apple (AAPL), Microsoft (MSFT) are constituents of the Tematica Research Thematic Dividend All-Stars Index The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
For example, Tesla (TSLA) and Amazon (AMZN) accounted for just over 50% of the gains in Consumer Discretionary, and Microsoft (MSFT) and Apple (AAPL) drove approximately 46% of the results of Technology. A pessimist stays up to make sure the old year leaves.” ― Bill Vaughan Disclosures Li Auto (LI), Tesla (TSLA) are constituents of the Tematica BITA Cleaner Living Sustainability Screened Index Apple (AAPL), Microsoft (MSFT) are constituents of the Tematica Research Thematic Dividend All-Stars Index The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Today’s Big Picture Asia-Pacific equity markets finished the last trading session for 2022 in a mixed mood with modest gains in Hong Kong’s Seng, China’s Shanghai Composite and Australia’s ASX All Ordinaries offset by the 0.5% decline in India’s Sensex and the flat performance in Japan’s Nikkei.
For example, Tesla (TSLA) and Amazon (AMZN) accounted for just over 50% of the gains in Consumer Discretionary, and Microsoft (MSFT) and Apple (AAPL) drove approximately 46% of the results of Technology. A pessimist stays up to make sure the old year leaves.” ― Bill Vaughan Disclosures Li Auto (LI), Tesla (TSLA) are constituents of the Tematica BITA Cleaner Living Sustainability Screened Index Apple (AAPL), Microsoft (MSFT) are constituents of the Tematica Research Thematic Dividend All-Stars Index The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Nasdaq Composite: -33.03% Russell 2000: -21.34% Bitcoin (BTC-USD): -64.15% Ether (ETH-USD): -67.45% Stocks to Watch Before trading kicks off for U.S.-listed equities, no companies are slated to report their latest quarterly results.
A pessimist stays up to make sure the old year leaves.” ― Bill Vaughan Disclosures Li Auto (LI), Tesla (TSLA) are constituents of the Tematica BITA Cleaner Living Sustainability Screened Index Apple (AAPL), Microsoft (MSFT) are constituents of the Tematica Research Thematic Dividend All-Stars Index The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. For example, Tesla (TSLA) and Amazon (AMZN) accounted for just over 50% of the gains in Consumer Discretionary, and Microsoft (MSFT) and Apple (AAPL) drove approximately 46% of the results of Technology. Today’s Big Picture Asia-Pacific equity markets finished the last trading session for 2022 in a mixed mood with modest gains in Hong Kong’s Seng, China’s Shanghai Composite and Australia’s ASX All Ordinaries offset by the 0.5% decline in India’s Sensex and the flat performance in Japan’s Nikkei.
For example, Tesla (TSLA) and Amazon (AMZN) accounted for just over 50% of the gains in Consumer Discretionary, and Microsoft (MSFT) and Apple (AAPL) drove approximately 46% of the results of Technology. A pessimist stays up to make sure the old year leaves.” ― Bill Vaughan Disclosures Li Auto (LI), Tesla (TSLA) are constituents of the Tematica BITA Cleaner Living Sustainability Screened Index Apple (AAPL), Microsoft (MSFT) are constituents of the Tematica Research Thematic Dividend All-Stars Index The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. Today’s Big Picture Asia-Pacific equity markets finished the last trading session for 2022 in a mixed mood with modest gains in Hong Kong’s Seng, China’s Shanghai Composite and Australia’s ASX All Ordinaries offset by the 0.5% decline in India’s Sensex and the flat performance in Japan’s Nikkei.
17817.0
2022-12-30 00:00:00 UTC
US STOCKS-Futures slip on last trading day of torrid year
AAPL
https://www.nasdaq.com/articles/us-stocks-futures-slip-on-last-trading-day-of-torrid-year
nan
nan
For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures down: Dow 0.29%, S&P 0.34%, Nasdaq 0.39% Dec 30 (Reuters) - U.S. stock index futures edged down on the final trading day of a roller-coaster year marked by aggressive monetary policy tightening by the Federal Reserve, the Russia-Ukraine war and fears of an impending recession. Wall Street's main indexes are set for their first annual drop after three straight years of gains, dragged lower by the Fed's fastest pace of interest rate hikes since the 1980s as it sought to stamp out decades-high inflation. With investors flocking to safer assets such as the U.S. dollar and avoiding riskier bets, the benchmark S&P 500 .SPX and tech-heavy Nasdaq .IXIC have slumped 19% and 33%, respectively, this year. Both indexes are on course for their biggest yearly decline since the 2008 financial crisis. Focus has now shifted to 2023 and the outlook for corporate earnings as investors grow increasingly concerned about the likelihood of an economic downturn from sharp rate hikes. "The most important take of the year is: the era of easy money ended, and ended for good. It means that the financial markets won’t look like anything we knew since the subprime crisis," said Ipek Ozkardeskaya, senior analyst at Swissquote Bank. "Given that there is still plenty of cheap central bank liquidity waiting to be pulled back, the situation may not get better before it gets worse in the first quarters of next year. Recession, inflation, stagflation will likely dominate headlines next year." Wall Street's main indexes closed higher on Thursday after unemployment data signaled the Fed's policy tightening was starting to take a toll on the U.S. labor market. Still, signs of resilience in the American economy have fueled concerns that interest rates could stay higher for longer though easing inflationary pressures have kept alive hopes that the Fed could dial down the size of its rate hikes. Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.4% and 0.6% in premarket trade on Friday, as U.S. Treasury yields rose. Money market participants see 69% odds of a 25-basis-point hike in the Fed's upcoming February meeting, with rates expected to peak at 4.96% by the middle of next year. FEDWATCH At 6:23 a.m. ET, Dow e-minis 1YMcv1 were down 98 points, or 0.29%, S&P 500 e-minis EScv1 were down 13 points, or 0.34%, and Nasdaq 100 e-minis NQcv1 were down 42.75 points, or 0.39%. (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru Editing by Vinay Dwivedi) ((Ankika.Biswas@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.4% and 0.6% in premarket trade on Friday, as U.S. Treasury yields rose. Wall Street's main indexes are set for their first annual drop after three straight years of gains, dragged lower by the Fed's fastest pace of interest rate hikes since the 1980s as it sought to stamp out decades-high inflation. Focus has now shifted to 2023 and the outlook for corporate earnings as investors grow increasingly concerned about the likelihood of an economic downturn from sharp rate hikes.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.4% and 0.6% in premarket trade on Friday, as U.S. Treasury yields rose. Futures down: Dow 0.29%, S&P 0.34%, Nasdaq 0.39% Dec 30 (Reuters) - U.S. stock index futures edged down on the final trading day of a roller-coaster year marked by aggressive monetary policy tightening by the Federal Reserve, the Russia-Ukraine war and fears of an impending recession. Wall Street's main indexes are set for their first annual drop after three straight years of gains, dragged lower by the Fed's fastest pace of interest rate hikes since the 1980s as it sought to stamp out decades-high inflation.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.4% and 0.6% in premarket trade on Friday, as U.S. Treasury yields rose. Futures down: Dow 0.29%, S&P 0.34%, Nasdaq 0.39% Dec 30 (Reuters) - U.S. stock index futures edged down on the final trading day of a roller-coaster year marked by aggressive monetary policy tightening by the Federal Reserve, the Russia-Ukraine war and fears of an impending recession. Wall Street's main indexes are set for their first annual drop after three straight years of gains, dragged lower by the Fed's fastest pace of interest rate hikes since the 1980s as it sought to stamp out decades-high inflation.
Most rate-sensitive technology and growth stocks such as Apple Inc AAPL.O, Amazon.com Inc AMZN.O, Alphabet Inc GOOGL.O and Meta Platforms Inc META.O fell between 0.4% and 0.6% in premarket trade on Friday, as U.S. Treasury yields rose. For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Wall Street's main indexes are set for their first annual drop after three straight years of gains, dragged lower by the Fed's fastest pace of interest rate hikes since the 1980s as it sought to stamp out decades-high inflation.
17818.0
2022-12-30 00:00:00 UTC
This Market-Beating Growth Stock Is Too Cheap to Ignore
AAPL
https://www.nasdaq.com/articles/this-market-beating-growth-stock-is-too-cheap-to-ignore
nan
nan
Shares of contract electronics manufacturer Jabil (NYSE: JBL) have rallied impressively over the past six months and defied the broader stock market downturn -- gaining over 26% while the S&P 500 index has dropped around 2% over the same period -- and it looks like the company is all set to sustain its impressive momentum in the new year and beyond. Jabil released terrific results for the first quarter of fiscal 2023 (for the three months ended Nov. 30, 2022) on Dec. 15. The company -- which counts Apple (NASDAQ: AAPL) as its largest customer -- not only beat Wall Street's expectations handsomely, but also raised its full-year earnings guidance. Let's take a closer look at Jabil's results and check why it may be a good idea to buy the stock hand over fist right now. The new year is going to be a good one for Jabil Jabil reported fiscal Q1 revenue of $9.6 billion, an increase of 12% over the prior-year period. The company's double-digit growth was driven by an improvement in both the diversified manufacturing services (DMS) and electronics manufacturing services (EMS) segments. More specifically, Jabil saw healthy revenue jumps in the automotive, healthcare, and industrial end markets, which allowed it to offset weakness in other areas such as mobility, which was hamstrung by operational problems in China. The company's adjusted earnings increased 20% year over year to $2.31 per share. Jabil now anticipates adjusted earnings of $8.40 per share in fiscal 2023, up from its prior outlook of $8.15 per share at the beginning of the fiscal year. The updated earnings guidance points toward a 10% jump over fiscal 2022's figure, though it won't be surprising to see Jabil deliver stronger earnings growth given the fast-growing niches that it is tapping. For instance, Jabil anticipates 42% year-over-year growth in automotive revenue this year to $4.4 billion. The segment would account for almost 13% of its top line. Jabil credits the transition toward electric vehicles (EVs) for the rapid growth in the automotive business, as the company supplies charging and power technology for this market. It is also worth noting that Jabil powers other automotive functions as well, such as advanced driver assistance system (ADAS) modules and connectivity applications. So, Jabil is on track to benefit from multiple secular growth opportunities in the automotive market in 2023 and beyond. Meanwhile, healthcare and industrial businesses are expected to benefit from the outsourcing of manufacturing and the adoption of clean energy infrastructure. Also, Jabil sees the growing deployment of 5G networks in new markets such as India as a tailwind going into 2023. Apple could be another catalyst in 2023 Jabil's mobility business wasn't in great shape last quarter thanks to COVID-related shutdowns in China, which reportedly hurt Apple's iPhone production. It is estimated that Apple may be forced to reduce the production of its iPhones to a range of 70 million units to 80 million units in the December quarter, down from the earlier expectation of 90 million units. This doesn't bode well for Jabil as it manufactures casings for multiple Apple devices, including the iPhone. In fact, Apple is Jabil's largest customer and accounted for 19% of its revenue last fiscal year. The good part is that Jabil has raised its earnings guidance despite the challenges that its largest customer is facing. However, there are a couple of reasons why Apple's fortunes may improve in 2023 and positively impact Jabil's performance. First, Apple is expected to make more iPhones next year. IDC estimates 233.5 million iPhones may be shipped in 2023. That would be an improvement over this year's estimate of 220 million, though it won't be surprising if Apple manufactures a lower number thanks to recent headwinds. So, a potential increase in iPhone production should ideally translate into stronger revenue for Jabil and help turn its mobility business around. Meanwhile, Apple's potential addition of another product to its lineup in the form of a mixed-reality headset could give Jabil another boost. Supply chain rumors suggest that Apple may manufacture 500,000 units of its headset in 2023, and the number is likely to head higher in the future as the market expands. So, Jabil could get a new line of business from its largest customer in 2023, and that could help it record stronger growth than it is currently anticipating. Buying Jabil stock is a no-brainer Jabil stock is trading at 10 times trailing earnings. That represents a huge discount to the Nasdaq 100's trailing earnings multiple of almost 25 and the company's five-year average earnings multiple of 34. Buying the stock at this valuation is a no-brainer considering the impressive growth in its revenue and earnings, which seems sustainable in the new year and beyond. After all, analysts expect Jabil to clock double-digit annual earnings growth for the next five years. All this makes Jabil a solid tech stock to buy right now as it looks all set to sustain the impressive momentum that it has gained on the market in recent months. 10 stocks we like better than Jabil When our award-winning 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 Jabil 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 1, 2022 Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
The company -- which counts Apple (NASDAQ: AAPL) as its largest customer -- not only beat Wall Street's expectations handsomely, but also raised its full-year earnings guidance. More specifically, Jabil saw healthy revenue jumps in the automotive, healthcare, and industrial end markets, which allowed it to offset weakness in other areas such as mobility, which was hamstrung by operational problems in China. Jabil credits the transition toward electric vehicles (EVs) for the rapid growth in the automotive business, as the company supplies charging and power technology for this market.
The company -- which counts Apple (NASDAQ: AAPL) as its largest customer -- not only beat Wall Street's expectations handsomely, but also raised its full-year earnings guidance. The new year is going to be a good one for Jabil Jabil reported fiscal Q1 revenue of $9.6 billion, an increase of 12% over the prior-year period. The updated earnings guidance points toward a 10% jump over fiscal 2022's figure, though it won't be surprising to see Jabil deliver stronger earnings growth given the fast-growing niches that it is tapping.
The company -- which counts Apple (NASDAQ: AAPL) as its largest customer -- not only beat Wall Street's expectations handsomely, but also raised its full-year earnings guidance. Shares of contract electronics manufacturer Jabil (NYSE: JBL) have rallied impressively over the past six months and defied the broader stock market downturn -- gaining over 26% while the S&P 500 index has dropped around 2% over the same period -- and it looks like the company is all set to sustain its impressive momentum in the new year and beyond. The new year is going to be a good one for Jabil Jabil reported fiscal Q1 revenue of $9.6 billion, an increase of 12% over the prior-year period.
The company -- which counts Apple (NASDAQ: AAPL) as its largest customer -- not only beat Wall Street's expectations handsomely, but also raised its full-year earnings guidance. First, Apple is expected to make more iPhones next year. That would be an improvement over this year's estimate of 220 million, though it won't be surprising if Apple manufactures a lower number thanks to recent headwinds.
17819.0
2022-12-30 00:00:00 UTC
India may review stance on Chinese investments to help firms relocate - report
AAPL
https://www.nasdaq.com/articles/india-may-review-stance-on-chinese-investments-to-help-firms-relocate-report
nan
nan
BENGALURU, Dec 30 (Reuters) - The Indian government may review its stance on Chinese investments to help global firms looking to relocate to the country, CNBC-TV18 reported on Friday, citing government sources. Several global companies are exploring a China Plus One strategy to avoid supply chain bottlenecks as the world's second largest economy grapples with a surge in COVID-19 infections. Multinational companies are keen to pursue manufacturing in India, but want to continue existing Chinese joint ventures, CNBC-TV18 reported. IPhone maker Apple AAPL.O wants China's BYD 002594.SZ to be allowed to sign a joint venture with an Indian company to move iPad production to the country and the government might consider the move, the report said. The government might allow joint ventures with Chinese companies in sectors where India does not have technical expertise, the report said. India and China have maintained frosty relations following the worst border clash between the neighbouring countries since 1962 in June 2020. Following the clash, India has blocked the nation from participating in government tenders, compelled Chinese companies investing in the country to seek approvals and banned dozens of Chinese apps. (Reporting by Nallur Sethuraman in Bengaluru; Editing by Sriraj Kalluvila) ((Sethuraman.NR@thomsonreuters.com; (+91 8061822737); Reuters Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
IPhone maker Apple AAPL.O wants China's BYD 002594.SZ to be allowed to sign a joint venture with an Indian company to move iPad production to the country and the government might consider the move, the report said. Several global companies are exploring a China Plus One strategy to avoid supply chain bottlenecks as the world's second largest economy grapples with a surge in COVID-19 infections. Multinational companies are keen to pursue manufacturing in India, but want to continue existing Chinese joint ventures, CNBC-TV18 reported.
IPhone maker Apple AAPL.O wants China's BYD 002594.SZ to be allowed to sign a joint venture with an Indian company to move iPad production to the country and the government might consider the move, the report said. Multinational companies are keen to pursue manufacturing in India, but want to continue existing Chinese joint ventures, CNBC-TV18 reported. The government might allow joint ventures with Chinese companies in sectors where India does not have technical expertise, the report said.
IPhone maker Apple AAPL.O wants China's BYD 002594.SZ to be allowed to sign a joint venture with an Indian company to move iPad production to the country and the government might consider the move, the report said. BENGALURU, Dec 30 (Reuters) - The Indian government may review its stance on Chinese investments to help global firms looking to relocate to the country, CNBC-TV18 reported on Friday, citing government sources. Following the clash, India has blocked the nation from participating in government tenders, compelled Chinese companies investing in the country to seek approvals and banned dozens of Chinese apps.
IPhone maker Apple AAPL.O wants China's BYD 002594.SZ to be allowed to sign a joint venture with an Indian company to move iPad production to the country and the government might consider the move, the report said. BENGALURU, Dec 30 (Reuters) - The Indian government may review its stance on Chinese investments to help global firms looking to relocate to the country, CNBC-TV18 reported on Friday, citing government sources. Several global companies are exploring a China Plus One strategy to avoid supply chain bottlenecks as the world's second largest economy grapples with a surge in COVID-19 infections.
17820.0
2022-12-30 00:00:00 UTC
Got $5,000? 2 Tech Stocks to Buy and Hold for the Long Term
AAPL
https://www.nasdaq.com/articles/got-%245000-2-tech-stocks-to-buy-and-hold-for-the-long-term-5
nan
nan
As the calendar flips to 2023, a few stocks are reaching screaming-buy territory. While I'm a long-term investor, I still pay attention to short-term movements to pounce on fantastic buying opportunities. I can increase my long-term return percentage by grabbing stocks on sale. Two stocks that can help me accomplish this are Alphabet (NASDAQ: GOOG) and CrowdStrike (NASDAQ: CRWD). Both have reached a relative valuation low due to each business experiencing headwinds. However, the long-term trajectory of both companies is still positive, which gives me confidence in the investments. 1. Alphabet Alphabet is primarily an advertisement play. With its Google, YouTube, and Android properties, nearly 80% of revenue comes from ads on its platforms. However, advertising hasn't been a great area to be in recently. First, economic conditions severely affected the advertising market. As advertising budgets are slashed to save on expenses, there is less demand for ad space. In response, ad prices fell, which hurt Alphabet's revenue. This is only a temporary headwind, as many businesses are doing this in preparation for a potential downturn. If this doesn't happen, the pent-up demand will return in force and boost Alphabet's revenue. However, another force is also at play. Alphabet might be losing market share to competitors. According to Insider Intelligence, Meta Platforms (parent company of Facebook and Instagram) and Alphabet recently lost the combined control of the advertising market They're now commanding a 48.4% combined market share. This loss is due to increased competition from other tech giants like Amazon, Microsoft, and Apple, as well as newcomer TikTok. Still, digital advertising is a growing industry, so Alphabet can lose market share and grow revenue. With how often Google, Androids, and YouTube are used daily, I don't see these platforms going anywhere, so Alphabet's temporary revenue growth slowdown shouldn't last forever. I think now is a timely opportunity to purchase the stock, due to its free cash flow yield. Essentially, this is how much free cash flow is generated per share (similar to a dividend yield). Currently, it's the highest it has been in nearly a decade. GOOG Free Cash Flow Yield data by YCharts With Alphabet kicking out a massive amount of cash flow per share, the stock appears undervalued -- especially since it's yielding higher than a 10-year Treasury. While concerns about rising expenses are valid, the management team is taking steps to control expenses. Alphabet's current situation is not as dire as the valuation and stock price movement seem, so the stock makes for a top buy. 2. CrowdStrike An area that won't experience a spending slowdown is cybersecurity. With threats increasing daily and most companies behind the clock in providing adequate security, this sector is highly intriguing for many investors. One of the top companies in this space is CrowdStrike, which provides endpoint protection (on phones and laptops) and cloud workload security. With 23 products and counting, CrowdStrike has multiple options that its customers can add to expand their cybersecurity offering. In fact, 60% of its customers use five modules or more, and 21% employ seven or more. That leaves much room for expansion, and customers have done just that. CrowdStrike's retention rate was 124% in the third quarter of FY 2023 (ending Oct. 31), meaning existing customers spent $124 for every $100 they spent last year. That is up from the first quarter's 120% and the second quarter's 122%, showing clients aren't afraid to increase their spending in the face of a potential economic downturn. Like Alphabet, CrowdStrike's free cash flow yield is up to 2.5%, the highest it has posted as a public company. While it's not cheaper than the 10-year Treasury yield, it's an impressively high yield for a company growing its annual recurring revenue by 54% year over year to $2.34 billion as of Q3. There are some concerns about slower customer acquisitions heading into next year, but that should ramp up again when the economic uncertainty is resolved. Until then, existing customers will drive much of CrowdStrike's growth. Still, CrowdStrike grew its customer count by 44% to 21,146 in Q3, so slower customer growth (say even 30%) is still quite impressive. CrowdStrike's offerings are top-notch (G2 named it a leader across 16 categories), and it is riding the wave of cybersecurity adoption across the enterprise. As a result, it's a top-tier stock to own for the long haul, and investors should use the stock's weakness to establish a position. 10 stocks we like better than Alphabet When our award-winning 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 Alphabet 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 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Keithen Drury has positions in Alphabet, Amazon.com, and CrowdStrike. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, CrowdStrike, and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
With threats increasing daily and most companies behind the clock in providing adequate security, this sector is highly intriguing for many investors. One of the top companies in this space is CrowdStrike, which provides endpoint protection (on phones and laptops) and cloud workload security. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
With how often Google, Androids, and YouTube are used daily, I don't see these platforms going anywhere, so Alphabet's temporary revenue growth slowdown shouldn't last forever. Like Alphabet, CrowdStrike's free cash flow yield is up to 2.5%, the highest it has posted as a public company. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
GOOG Free Cash Flow Yield data by YCharts With Alphabet kicking out a massive amount of cash flow per share, the stock appears undervalued -- especially since it's yielding higher than a 10-year Treasury. Alphabet's current situation is not as dire as the valuation and stock price movement seem, so the stock makes for a top buy. See the 10 stocks *Stock Advisor returns as of December 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors.
As advertising budgets are slashed to save on expenses, there is less demand for ad space. While it's not cheaper than the 10-year Treasury yield, it's an impressively high yield for a company growing its annual recurring revenue by 54% year over year to $2.34 billion as of Q3. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, CrowdStrike, and Microsoft.
17821.0
2022-12-30 00:00:00 UTC
73% of Warren Buffett's Portfolio Is Invested in These 5 Stocks
AAPL
https://www.nasdaq.com/articles/73-of-warren-buffetts-portfolio-is-invested-in-these-5-stocks-0
nan
nan
In less than 48 hours, we'll turn the page on what's been a difficult year for Wall Street. Following the S&P 500's gain of 27% last year, this year's decline of 20% has been sobering. Despite the S&P 500 firmly hitting bear market territory, billionaire investor Warren Buffett has overseen a positive 2% return in shares of his company, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), in 2022. His secret? Buy high-quality businesses -- many of which pay a dividend -- and allow his investment thesis to play out over years, if not decades. Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool. Additionally, the Oracle of Omaha has benefited from portfolio concentration. In Buffett's view, diversification is only necessary if you don't know what you're doing. With a greater than 3,600,000% return on Berkshire Hathaway's Class A shares (BRK.A) since the beginning of 1965, it's pretty clear he knows what he's doing. As of Dec. 26, 73% of Berkshire's $320 billion investment portfolio was invested in just five stocks. Apple: 37.7% of invested assets If there was any question about the Oracle of Omaha's love of portfolio concentration, it's been answered by Berkshire Hathaway's stake in Apple (NASDAQ: AAPL). Dubbed one of Berkshire's "four giants" in Buffett's annual letter to shareholders, Apple accounts for roughly $120.7 billion of Berkshire's investment portfolio. What makes Apple so special is its innovation. The iPhone jump-started the smartphone revolution more than a decade ago. Yet in spite of increased competition, Apple's already dominant share of the U.S. smartphone market has increased since the debut of 5G-capable iPhones two years ago. The iPhone, along with iPad and Mac, are products that continue to draw consumers to its brand. In addition to the success of its physical products, Apple Chief Executive Officer Tim Cook is overseeing the evolution of his company to emphasize subscription services. Apple's services segment offers sustained double-digit growth, juicy operating margins, and can most importantly help alleviate the revenue ebbs-and-flows that occur during physical product replacement cycles. But perhaps the biggest lure for Buffett is Apple's program to return capital to investors. It offers one of the largest dividends among public companies (more than $14 billion per year) and has repurchased $554 billion worth of its common stock since the beginning of 2013. Bank of America: 10.5% of invested assets Financial stocks are Buffett's favorite sector to invest in, so it really shouldn't come as a surprise that Bank of America (NYSE: BAC) is Berkshire Hathaway's second-largest holding. With more than 1 billion shares held, including those owned by Buffett's secret portfolio, this BofA stake was worth $33.5 billion, as of last weekend. One reason Buffett loves bank stocks is because they're tried-and-true moneymakers. As the U.S. economy expands over time, banks are able to take advantage by increasing their loans and deposits (i.e., the bread-and-butter of banking). This typically leads to a healthy returns of capital to shareholders involving dividends and share repurchases. Bank of America's claim to fame is that it's more interest-sensitive than any other U.S. money-center bank. With the Federal Reserve increasing interest rates at the fastest pace in decades, it means BofA is enjoying a sizable uptick in net interest income -- an extra $2.7 billion in the third quarter from the prior-year period. The nation's central bank isn't done raising rates, either, which bodes well for Bank of America's bottom line. BofA has also done an excellent job of improving its operating efficiency by promoting digital banking as well. As of the end of September, 72% of its 56 million verified digital users were actively banking online or via mobile app. Because digital transactions are considerably cheaper for banks than other types of interactions, this digitization shift should slowly but steadily lift BofA's earnings. Image source: Getty Images. Chevron: 9.4% of invested assets The third stock that makes up an exceptionally large percentage of Berkshire Hathaway's invested assets is energy stock Chevron (NYSE: CVX). In roughly two years, Buffett and his team have acquired an 8.8% stake in Chevron (including assets held by Buffett's secret portfolio) that equates to 9.4% of Berkshire's portfolio value. Buffett's sizable investment in Chevron looks to be a bet on the continued outperformance of crude oil and natural gas. Russia's invasion of Ukraine has put the energy supply needs of Europe into question. Meanwhile, the COVID-19 pandemic led oil and gas companies to pare their capital expenditures. Between this lack of investment and Europe's energy commodity supply uncertainty, it's quite possible the spot price for crude oil and natural gas will remain lofty for some time. Chevron's balance sheet is another reason for Buffett to smile. Although most major energy companies are mired in debt, Chevron has just $8.2 billion in net debt as of the third quarter -- that's down from $25.7 billion in net debt at the end of 2021 -- and a debt ratio of a mere 13%. In other words, Chevron has superior financial flexibility among oil and gas stocks, which is why it's been able to repurchase as much as $15 billion of its common stock this year. I'd be remiss if I didn't also note that Chevron is an integrated energy company. This is a fancy way of saying that it has more going on than just drilling and exploration. Chevron operates pipelines, chemical plants, and refineries that help provide predictable cash flow and a hedge against crude oil price weakness. Coca-Cola: 8% of invested assets Beverage giant Coca-Cola (NYSE: KO) is Buffett's fourth-largest holding, and also the longest-held stock in Berkshire's portfolio (34 years and counting). The 400 million shares of Coca-Cola held by Buffett's company have a market value of about $25.5 billion. The beauty of the Coca-Cola operating model is that its highly predictable. No matter how poorly the U.S. economy or stock market perform, consumers don't change their beverage consumption habits all that much. If they were buying Coke products during an economic expansion, they're likely to continue buying Coke products during a recession or economic downturn. This is what leads to the company's rock-solid operating cash flow. It also doesn't hurt that Coke is about as geographically diverse as a company can get. With the exception of North Korea, Cuba, and Russia, it's operating in every other country around the world. This means taking advantage of predictable cash flow in developed markets and benefiting from higher organic growth opportunities in emerging markets. Coca-Cola's impressive dividend, which nets Berkshire Hathaway more than $700 million each year, is yet another bright spot in Buffett's portfolio during a poor year for Wall Street. Coke is riding a 60-year streak of increasing its base annual payout. Among publicly traded companies, only a handful can boast of a longer continuous streak. American Express: 7% of invested assets The fifth and final stock that makes up an inordinately large percentage of Berkshire's portfolio is credit-services company American Express (NYSE: AXP). AmEx is Berkshire Hathaway's second longest-held stock (since 1993). American Express is benefiting from many of the same tailwinds as Bank of America. Even though loan losses are liable to increase as the Fed lifts interest rates, AmEx has the ability to more than offset these loan losses with an increase in net interest income on the balances outstanding of its cardholders. Whereas a weakening economy usually bodes poorly for financial stocks, the Fed's forced hawkish stance in the face of high inflation is the wind in its sails. Another reason American Express regularly outperforms its competition is its willingness to play both sides of the aisle. It's both a payment processor and a lender. While the latter can be less desirable during inevitable economic downturns, this combination can really pump-up profitability during periods of expansion. The thing is, periods of expansion last considerably longer than downturns. Lastly, don't overlook the importance of AmEx's focus on affluent clientele. High earners are less likely to change their spending habits or become delinquent on their payments during minor economic downturns. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Bank of America and American Express are advertising partners of The Ascent, a Motley Fool company. Sean Williams has positions in Bank of America. The Motley Fool has positions in and recommends Apple, Bank of America, and Berkshire Hathaway. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $47.50 calls on Coca-Cola, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on 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.
Apple: 37.7% of invested assets If there was any question about the Oracle of Omaha's love of portfolio concentration, it's been answered by Berkshire Hathaway's stake in Apple (NASDAQ: AAPL). In addition to the success of its physical products, Apple Chief Executive Officer Tim Cook is overseeing the evolution of his company to emphasize subscription services. Apple's services segment offers sustained double-digit growth, juicy operating margins, and can most importantly help alleviate the revenue ebbs-and-flows that occur during physical product replacement cycles.
Apple: 37.7% of invested assets If there was any question about the Oracle of Omaha's love of portfolio concentration, it's been answered by Berkshire Hathaway's stake in Apple (NASDAQ: AAPL). Chevron: 9.4% of invested assets The third stock that makes up an exceptionally large percentage of Berkshire Hathaway's invested assets is energy stock Chevron (NYSE: CVX). Coca-Cola: 8% of invested assets Beverage giant Coca-Cola (NYSE: KO) is Buffett's fourth-largest holding, and also the longest-held stock in Berkshire's portfolio (34 years and counting).
Apple: 37.7% of invested assets If there was any question about the Oracle of Omaha's love of portfolio concentration, it's been answered by Berkshire Hathaway's stake in Apple (NASDAQ: AAPL). Bank of America: 10.5% of invested assets Financial stocks are Buffett's favorite sector to invest in, so it really shouldn't come as a surprise that Bank of America (NYSE: BAC) is Berkshire Hathaway's second-largest holding. Chevron: 9.4% of invested assets The third stock that makes up an exceptionally large percentage of Berkshire Hathaway's invested assets is energy stock Chevron (NYSE: CVX).
Apple: 37.7% of invested assets If there was any question about the Oracle of Omaha's love of portfolio concentration, it's been answered by Berkshire Hathaway's stake in Apple (NASDAQ: AAPL). Bank of America: 10.5% of invested assets Financial stocks are Buffett's favorite sector to invest in, so it really shouldn't come as a surprise that Bank of America (NYSE: BAC) is Berkshire Hathaway's second-largest holding. Chevron: 9.4% of invested assets The third stock that makes up an exceptionally large percentage of Berkshire Hathaway's invested assets is energy stock Chevron (NYSE: CVX).
17822.0
2022-12-30 00:00:00 UTC
Amazon (AMZN) to Boost Sports Streaming With Standalone App
AAPL
https://www.nasdaq.com/articles/amazon-amzn-to-boost-sports-streaming-with-standalone-app
nan
nan
Amazon AMZN is consistently working toward expanding sports streaming services to gain momentum among customers. Per The Information report, Amazon is building a standalone application to stream live sports content. This is a testament to the above-mentioned fact. The recent move shows that Amazon is exploring new avenues to invest in live sports for generating additional revenue streams. Amazon.com, Inc. Price and Consensus Amazon.com, Inc. price-consensus-chart | Amazon.com, Inc. Quote Growing Sports-Streaming Initiatives Apart from the recent move, the company is continuously building strategic partnerships to increase the viewership on its video-streaming platform, Prime Video. AMZN has exclusive rights to stream popular live sports like the National Football League’s ("NFL") Thursday Night Football, Yankees baseball games and some Premier League soccer matches. Amazon is making heavy investments in other sports content for complementing the live games. Last month, Amazon introduced original sports talk shows on both Prime Video and its ad-supported streaming service, Freevee. The move is an effort to keep sports fans glued to its platforms. The above-mentioned endeavors are likely to aid Amazon in attracting people interested in sports to its Prime Video platform, which, in turn, will bolster the Prime subscription rate. This will contribute to the company’s subscription revenues and the total revenues. Per an Enterprise Apps Today report, as of Nov 30, 2022, Amazon gained revenues of $5.16 billion from Prime Video. Competitive Sports Streaming Market Amazon, with its growing sports streaming efforts, remains well-positioned to capitalize on the growth prospects in the booming sports streaming market. Per a Verified Market Research report, the global sports online live video streaming market is likely to hit $93 billion by 2030, witnessing a CAGR of 24.6% during 2022-2030. The Zacks Rank #3 (Hold) company’s deepening focus in this promising market is likely to help it in winning investors’ confidence in the near term. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Shares of AMZN have moved down 49.5% in the past year compared with the Retail-Wholesale sector’s decline of 29.2%. Growing sports streaming initiatives are expected to help Amazon in gaining competitive edge against its peers like Alphabet GOOGL, Apple AAPL and The Walt Disney Company DIS, which are also making strong efforts to bolster their footprints in the underlined market. Alphabet’s division Google recently collaborated with the NFL for exclusive NFL Sunday ticket rights. Per the terms, the NFL Sunday matches will be shown on YouTube TV and YouTube Primetime Channels. The NFL Sunday deal significantly increased Google’s sports credentials. The latest move is expected to help GOOGL gain momentum among football lovers. Alphabet has lost 38.9% in the past year. Apple reached a 10-year contract with Major League Soccer in June. AAPL streams League matches on its TV+ platform. Additionally, Apple streams Major League Baseball on Friday nights during the regular season. Apple has moved 27% south in the same timeframe. Disney renewed its deal with Formula 1. Per the terms, ESPN Networks in the United States will continue to show Formula 1 races through the 2025 season. Shares of DIS have moved down 43.8% in the past year. 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : 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.
Growing sports streaming initiatives are expected to help Amazon in gaining competitive edge against its peers like Alphabet GOOGL, Apple AAPL and The Walt Disney Company DIS, which are also making strong efforts to bolster their footprints in the underlined market. AAPL streams League matches on its TV+ platform. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Growing sports streaming initiatives are expected to help Amazon in gaining competitive edge against its peers like Alphabet GOOGL, Apple AAPL and The Walt Disney Company DIS, which are also making strong efforts to bolster their footprints in the underlined market. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. AAPL streams League matches on its TV+ platform.
Growing sports streaming initiatives are expected to help Amazon in gaining competitive edge against its peers like Alphabet GOOGL, Apple AAPL and The Walt Disney Company DIS, which are also making strong efforts to bolster their footprints in the underlined market. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. AAPL streams League matches on its TV+ platform.
Growing sports streaming initiatives are expected to help Amazon in gaining competitive edge against its peers like Alphabet GOOGL, Apple AAPL and The Walt Disney Company DIS, which are also making strong efforts to bolster their footprints in the underlined market. AAPL streams League matches on its TV+ platform. Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report The Walt Disney Company (DIS) : Free Stock Analysis Report Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
17823.0
2022-12-29 00:00:00 UTC
MIDEAST STOCKS-Egypt leads 2022 gains, Saudi marks first annual loss in 7 years
AAPL
https://www.nasdaq.com/articles/mideast-stocks-egypt-leads-2022-gains-saudi-marks-first-annual-loss-in-7-years
nan
nan
Dec 29 (Reuters) - The Saudi Arabian stock market ended lower on Wednesday, marking its first annual loss in seven years, while the Egyptian bourse was the Middle East's best performer in 2022. Saudi Arabia's benchmark index .TASI eased 0.1%, hit by a 1.1% fall in Al Rajhi Bank 1120.SE. The index, which hit its highest level in nearly 17 years in early May, finished the year down 7.1% at a near 20-month low. According to Wael Makarem, senior market strategist – MENA at Exness, stock markets have witnessed a difficult period in 2022 as inflation, rising interest rates and the war in Ukraine strongly impacted investor sentiment. Most Gulf Cooperation Council countries, including Saudi Arabia, the United Arab Emirates and Qatar, have their currencies pegged to the U.S. dollar and follow the Federal Reserve's policy moves closely, exposing the region to a direct impact from monetary tightening in the world's largest economy. The kingdom's largest lender, Saudi National Bank 1180.SE, finished 1.2% higher. It has, however, lost more than $15 billion in market value since Oct. 27 after committing to invest up to 1.5 billion Swiss francs ($1.62 billion) in embattled Swiss bank Credit Suisse Group CSGN.S. Oil behemoth Saudi Aramco 2222.SE, which surpassed Apple Inc AAPL.O to become the world's biggest company in May, gave up those gains to end the year around where it started, with year-to-date losses at 1.4%. The benchmark index .QSI of Qatar, among the world's top exporters of liquefied natural gas, dropped 1.1%. The index posted its first yearly loss since 2017, dropping 8.1%. Makarem said the Ukraine war has created strong volatility in energy prices which in turn affected economies around the globe and the performance of companies in various sectors from transport to retail. "The fear of an economic slowdown has gripped markets throughout the year and could extend to 2023 as a recession remains possible." Oil prices - a key catalyst for the Gulf's financial markets - surged 80% earlier this year before giving up most gains. Kuwait stocks .BKP recorded year-to-date gains of 6.5%, while Oman .MSX30 was up 17.6%. Elsewhere, the Bahraini index .BAX finished the year 5.5% higher. Outside the Gulf, Egypt's blue-chip index .EGX30 edged 0.1% higher, posting yearly gains of 22%. The Egyptian stock market reversed earlier losses to gain in the final quarter following a deal with the International Monetary Fund and central bank support to allow lenders greater flexibility in currency trading. SAUDI ARABIA .TASI fell 0.1% to 10,478 ABU DHABI .FTFADGI lost 0.3% to 10,267 DUBAI .DFMGI down 0.5% to 3,329 QATAR .QSI dropped 1.1% to 10,681 EGYPT .EGX30 was up 0.1% to 14,599 BAHRAIN .BAX gained 0.8% to 1,895 OMAN .MSX30 eased 0.3% to 4,857 KUWAIT .BKP down 0.3% to 8,116 ($1 = 3.7600 riyals) ($1 = 0.9236 Swiss francs) (Reporting by Ateeq Shariff in Bengaluru; Editing by Devika Syamnath) ((AteeqUr.Shariff@thomsonreuters.com; +918061822788;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Oil behemoth Saudi Aramco 2222.SE, which surpassed Apple Inc AAPL.O to become the world's biggest company in May, gave up those gains to end the year around where it started, with year-to-date losses at 1.4%. Dec 29 (Reuters) - The Saudi Arabian stock market ended lower on Wednesday, marking its first annual loss in seven years, while the Egyptian bourse was the Middle East's best performer in 2022. Most Gulf Cooperation Council countries, including Saudi Arabia, the United Arab Emirates and Qatar, have their currencies pegged to the U.S. dollar and follow the Federal Reserve's policy moves closely, exposing the region to a direct impact from monetary tightening in the world's largest economy.
Oil behemoth Saudi Aramco 2222.SE, which surpassed Apple Inc AAPL.O to become the world's biggest company in May, gave up those gains to end the year around where it started, with year-to-date losses at 1.4%. Saudi Arabia's benchmark index .TASI eased 0.1%, hit by a 1.1% fall in Al Rajhi Bank 1120.SE. The kingdom's largest lender, Saudi National Bank 1180.SE, finished 1.2% higher.
Oil behemoth Saudi Aramco 2222.SE, which surpassed Apple Inc AAPL.O to become the world's biggest company in May, gave up those gains to end the year around where it started, with year-to-date losses at 1.4%. Dec 29 (Reuters) - The Saudi Arabian stock market ended lower on Wednesday, marking its first annual loss in seven years, while the Egyptian bourse was the Middle East's best performer in 2022. The Egyptian stock market reversed earlier losses to gain in the final quarter following a deal with the International Monetary Fund and central bank support to allow lenders greater flexibility in currency trading.
Oil behemoth Saudi Aramco 2222.SE, which surpassed Apple Inc AAPL.O to become the world's biggest company in May, gave up those gains to end the year around where it started, with year-to-date losses at 1.4%. Saudi Arabia's benchmark index .TASI eased 0.1%, hit by a 1.1% fall in Al Rajhi Bank 1120.SE. It has, however, lost more than $15 billion in market value since Oct. 27 after committing to invest up to 1.5 billion Swiss francs ($1.62 billion) in embattled Swiss bank Credit Suisse Group CSGN.S.
17824.0
2022-12-29 00:00:00 UTC
Wall St closes higher, growth stocks lead in thin trading
AAPL
https://www.nasdaq.com/articles/wall-st-closes-higher-growth-stocks-lead-in-thin-trading
nan
nan
By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation. All 11 S&P 500 sector indexes rose, with communication service .SPLRCL and technology <.SPLRCT> as the biggest winners. "It's just relief," said Keith Buchanan, portfolio manager at GLOBALT Investments in Atlanta. "Selling pressure has been overwhelming the market recently and we could be having a break. That allowed room for stocks to move, and with lower volume (that) can materialize into a pretty good day." Shares of Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.Orose following declines in the past few sessions. The U.S. Labor Department reported an increase in the number of Americans filing new claims for unemployment benefits last week. But the data indicates a tight U.S. job market even as the Fed works to cool demand for labor in its bid to lower inflation. The yield on 10-year Treasury notes US10YT=RR fell 2.2 basis points to 3.864% on the news. The Fed's aggressive interest rate hikes have hammered equities this year, with the benchmark S&P 500 .SPX shedding 19.3% and the tech-heavy Nasdaq tumbling nearly 33%. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among S&P 500 sector indexes. Energy .SPNY shares have bucked the trend with stellar annual gains of 57%. Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. However, investor preference for high-dividend yielding stocks with steady earnings has limited losses in the Dow Jones Industrial Average .DJI, which is down just 8.5% for the year. According to preliminary data, the S&P 500 .SPX gained 65.47 points, or 1.73%, to end at 3,848.69 points, while the Nasdaq Composite .IXIC gained 262.43 points, or 2.57%, to 10,474.72. The Dow Jones Industrial Average .DJI rose 341.64 points, or 1.04%, to 33,217.35. Tesla Inc TSLA.O shares rose after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness." The stock remains down 66% for the year. (Reporting by Echo Wang in New York; Additional reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Arun Koyyur, Anil D'Silva and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Shares of Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.Orose following declines in the past few sessions. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation. Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023.
Shares of Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.Orose following declines in the past few sessions. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation. All 11 S&P 500 sector indexes rose, with communication service .SPLRCL and technology <.SPLRCT> as the biggest winners.
Shares of Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.Orose following declines in the past few sessions. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among S&P 500 sector indexes.
Shares of Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.Orose following declines in the past few sessions. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes ended higher on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest rate hikes might be starting to dent labor market strength in its bid to fight inflation. According to preliminary data, the S&P 500 .SPX gained 65.47 points, or 1.73%, to end at 3,848.69 points, while the Nasdaq Composite .IXIC gained 262.43 points, or 2.57%, to 10,474.72.
17825.0
2022-12-29 00:00:00 UTC
Markets Turn Bullish with a Half-Session Left in 2022
AAPL
https://www.nasdaq.com/articles/markets-turn-bullish-with-a-half-session-left-in-2022
nan
nan
Just when we were starting to be OK with a depleted stock market in the final sessions of 2022 — the better to see gains in 2023 — stocks turn around an issue a rally Santa Claus would have been proud of. The Dow, which had gained nearly 420 points at its session high, gained +345, +1.05%, on the day. The Nasdaq rode big bounces from Tesla TSLA and Apple AAPL and gained +265 points, +2.60%. The S&P 500 split the difference, +1.74%, and the small-cap Russell 2000 kept pace most of the day with the Nasdaq, +2.55%. It was roughly 9-to-1 buys to sells today — a decidedly un-2022-like happening — with only a half-session remaining Friday (markets close 1pm ET) for the final trading of the year. We’ll end this worst year for the markets since 2008 down double-digits for three of the four major indices; only the Dow has managed to surge back from -20% in late September/early October to single-digit losses. The Nasdaq reached its low for the year just yesterday, -35.5%. Outside the tech-heavy Nasdaq, other indices have been generally flat since the last downturn following the latest Fed meeting. This is still the narrative market participants have been trading on; we don’t see anything potentially consequential until nonfarm payrolls for December are out, a week and a day from now. Q4 earnings season is also just a couple weeks away; will the numbers uncover an earnings recession, as some analysts have predicted? We’ll soon find out. In the Nasdaq’s case, chances are quite good we’ll not see another -33% performance in the next year. In fact, after years of seeing software companies and social media platforms among the most overvalued stocks in the market, many of these companies have finally come back down to earth. Tesla, for instance — including today’s impressive +8% gain — is down more than -65% year to date, losing over -$100 billion in value. That seems like there's some room for growth next year, especially if CEO Elon Musk can find a new boss for Twitter in short order. Ultimately, nothing is set in stone for next year — not an earnings recession, not even an economic recession. This lack of clarity might provide its own drag on the market into next year, but considering we’ve spent the better part of three years trudging through a global pandemic and are now battling inflation metrics that blossomed to their highest levels in 40 years, our current lack of clarity looks like child’s play by comparison. Questions or comments about this article and/or its author? Click here>> 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 Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research 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 The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Nasdaq rode big bounces from Tesla TSLA and Apple AAPL and gained +265 points, +2.60%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. It was roughly 9-to-1 buys to sells today — a decidedly un-2022-like happening — with only a half-session remaining Friday (markets close 1pm ET) for the final trading of the year.
The Nasdaq rode big bounces from Tesla TSLA and Apple AAPL and gained +265 points, +2.60%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. Zacks Investment Research Want the latest recommendations from Zacks Investment Research?
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. The Nasdaq rode big bounces from Tesla TSLA and Apple AAPL and gained +265 points, +2.60%. This lack of clarity might provide its own drag on the market into next year, but considering we’ve spent the better part of three years trudging through a global pandemic and are now battling inflation metrics that blossomed to their highest levels in 40 years, our current lack of clarity looks like child’s play by comparison.
The Nasdaq rode big bounces from Tesla TSLA and Apple AAPL and gained +265 points, +2.60%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports SPDR S&P 500 ETF (SPY): ETF Research Reports SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports To read this article on Zacks.com click here. The Dow, which had gained nearly 420 points at its session high, gained +345, +1.05%, on the day.
17826.0
2022-12-29 00:00:00 UTC
US STOCKS-Wall St gains with tech stocks leading the way
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-gains-with-tech-stocks-leading-the-way
nan
nan
By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate hikes might be starting to dent labor market strength in its bid to fight inflation. All 11 S&P 500 sector indexes rose, with communication service .SPLRCLand technology .SPLRCT as the biggest winners with gains of nearly 3%. "We're in the middle of a bit of a regime shift whereby 2022 was all about the Fed and financial conditions," said Huw Roberts, head of analytics at Quant Insight in London. "In the last couple of weeks ... U.S. equities have become more sensitive to economic growth. The call in 2023 is going to be ... between a hard and soft landing." Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, each gained more than 2.5%. "At the moment, the tech trade is running about company fundamentals and idiosyncratic risks," Roberts said, noting for example that rising COVID cases in China could affect Apple's production in the country and its share price. The U.S. Labor Department reported an increase in the number of Americans filing new claims for unemployment benefits last week. But the data indicates a tight U.S. job market even as the Federal Reserve works to cool demand for labor in its bid to lower inflation. The yield on 10-year Treasury notes US10YT=RR fell 2.2 basis points to 3.864% on the news. The Fed's aggressive interest rate hikes have hammered equities this year, with the benchmark S&P 500 .SPX shedding 19.3% and the tech-heavy Nasdaq tumbling nearly 33%. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among S&P 500 sector indexes. Energy .SPNY shares have bucked the trend with stellar annual gains of 57%. Traders held on to bets of a 25 basis-point rate hike from the Fed in February and see rates peaking at 4.94% in June 2023. FEDWATCH. The CBOE Volatility index .VIX, known as Wall Street's "fear gauge," slipped to 21.5, signaling reduced investor anxiety. Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. However, investor preference for high-dividend yielding stocks with steady earnings has limited losses in the Dow Jones Industrial Average.DJI, which is down just 8.5% for the year. At 3:11 p.m. ET, the Dow rose 340.88 points, or 1.04%, to 33,216.59, the S&P 500 .SPX gained 66.35 points, or 1.75%, at 3,849.57 and the Nasdaq Composite .IXIC added 261.18 points, or 2.56%, at 10,474.46. Tesla IncTSLA.Oshares added 6.4% after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness." The stock is still down 66% for the year. Advancing issues outnumbered decliners on the NYSE by a 5.00-to-1 ratio; on Nasdaq, a 4.15-to-1 ratio favored advancers. The S&P 500 posted one new 52-week high and no new lows; the Nasdaq Composite recorded 54 new highs and 151 new lows. (Reporting by Echo Wang in New York; Additional reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Arun Koyyur, Anil D'Silva and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) 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.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, each gained more than 2.5%. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate hikes might be starting to dent labor market strength in its bid to fight inflation. "At the moment, the tech trade is running about company fundamentals and idiosyncratic risks," Roberts said, noting for example that rising COVID cases in China could affect Apple's production in the country and its share price.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, each gained more than 2.5%. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate hikes might be starting to dent labor market strength in its bid to fight inflation. All 11 S&P 500 sector indexes rose, with communication service .SPLRCLand technology .SPLRCT as the biggest winners with gains of nearly 3%.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, each gained more than 2.5%. By Echo Wang Dec 29 (Reuters) - Wall Street's main indexes rose on Thursday, led by growth stocks in light trading, as U.S. unemployment data signaled the Federal Reserve's interest-rate hikes might be starting to dent labor market strength in its bid to fight inflation. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among S&P 500 sector indexes.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, each gained more than 2.5%. Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. ET, the Dow rose 340.88 points, or 1.04%, to 33,216.59, the S&P 500 .SPX gained 66.35 points, or 1.75%, at 3,849.57 and the Nasdaq Composite .IXIC added 261.18 points, or 2.56%, at 10,474.46.
17827.0
2022-12-29 00:00:00 UTC
Stock Market Sell-Off: Is Microsoft a Buy?
AAPL
https://www.nasdaq.com/articles/stock-market-sell-off%3A-is-microsoft-a-buy
nan
nan
The past 12 months haven't been easy for tech companies, with the Nasdaq-100 Technology Sector index down 40% year to date. Rising inflation and interest rates in 2022 slowed consumer demand for tech products. According to IDC, worldwide PC shipments declined 15% in the third quarter of 2022, while smartphone shipments fell 9.7%. As a result, some of the biggest names in tech have watched their stocks tumble. As a leader in the battered PC industry, Microsoft (NASDAQ: MSFT) has seen its shares slip 29% since January. However, the company is in a far better financial position than its stock dip would suggest. Here's why a stock market sell-off in 2022 makes Microsoft a must-buy. Power in diversity Windows is easily the most successful operating system (OS) in history, holding a minimum 70% market share since 2013 despite Alphabet's Chrome OS and Apple's macOS challenges to that position. While Windows has catapulted Microsoft into a dominating position in the tech world and solidified its reputation as a crucial player in the PC industry, the company is so much more. Microsoft is also home to a thoroughly diverse business with growing market shares in other lucrative industries. Its alternative brands, such as Office, Xbox, LinkedIn, and Azure, have given the company growing dominance in gaming, productivity software, enterprise resource planning, social media, and cloud computing. Microsoft's venture into other industries has increased the reliability of its stock by safeguarding its revenue against economic declines. For instance, in the first quarter of its fiscal 2023, Microsoft's revenue gained 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion. The company reported growth despite revenue in its PC-focused segment slightly declining and operating income decreasing 15% to $4.2 billion. The growth was mainly thanks to some of Microsoft's segments being less affected by macroeconomic headwinds. The company's intelligent cloud segment saw revenue increase 20% year over year to $20.3 billion, with operating income rising 17% to $8.9 billion. Microsoft's productivity and business processes segment also enjoyed a revenue increase of 9% to $16.4 billion, with operating income rising 10% to $8.3 billion. A promising future for Microsoft With 2022 almost in the rearview mirror, Microsoft investors have plenty to look forward to in the new year and over the long term. The company's cloud computing platform Azure has achieved a 21% market share in the $369 billion industry, which is expected to see a compound annual growth rate of 15.7% until 2030. Next year, Microsoft has plans to grow its market share by building new data centers in at least 11 new regions, with CEO Satya Nadella revealing that the company is especially "bullish" about Asia as a "massive growth market." Moreover, Microsoft has big plans for its Xbox gaming division. The company has already made significant strides in the console and PC side of the industry, but wants to expand further by acquiring Activision Blizzard (NASDAQ: ATVI) in 2023 in an all-cash deal valued at $68.7 billion. As Activision is home to one of the industry's most profitable game franchises, Call of Duty, regulatory approval has held up the deal as countries worldwide scrutinize the acquisition over antitrust concerns. In recent news, the Federal Trade Commission filed a lawsuit to block the deal, with Microsoft immediately arguing that "the acquisition of a single game by the third-place console manufacturer cannot upend a highly competitive industry." The company has also made promises not to make Call of Duty exclusive to Xbox consoles in an effort to keep the playing field level. Meanwhile, the U.K.'s Competition and Markets Authority's assessment of the deal involved inviting the public to weigh in, with about 75% of responses being pro-merger. One view in favor of the deal said, "Sony and Nintendo are stronger than Microsoft in console gaming, and the merger will help Microsoft to compete more closely against them." Only time will determine which way regulators lean. However, if it goes through, Microsoft will become the third-largest games company in the world. It will also have an incredibly compelling way to attract more consumers to its consoles and to Game Pass, its subscription service where players can access a huge library of games for a monthly or yearly fee. Microsoft has said in the past that it wants Game Pass to be the "Netflix for games." If the Activision acquisition goes ahead, Microsoft will be able to add Call of Duty to its ever expanding line up, getting the company a lot closer to its goals. Either way, the power of Microsoft's diverse business should continue to push it forward in different industries. Even with a sell-off in 2022, Microsoft shares are up 179% in the last five years and are likely to continue growing in the long term, making it an excellent investment after a stock dip. 10 stocks we like better than Microsoft When our award-winning 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 Microsoft 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 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Activision Blizzard, Alphabet, Apple, Microsoft, and Netflix. The Motley Fool recommends Nintendo and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Its alternative brands, such as Office, Xbox, LinkedIn, and Azure, have given the company growing dominance in gaming, productivity software, enterprise resource planning, social media, and cloud computing. The company has already made significant strides in the console and PC side of the industry, but wants to expand further by acquiring Activision Blizzard (NASDAQ: ATVI) in 2023 in an all-cash deal valued at $68.7 billion. In recent news, the Federal Trade Commission filed a lawsuit to block the deal, with Microsoft immediately arguing that "the acquisition of a single game by the third-place console manufacturer cannot upend a highly competitive industry."
The company's intelligent cloud segment saw revenue increase 20% year over year to $20.3 billion, with operating income rising 17% to $8.9 billion. The Motley Fool has positions in and recommends Activision Blizzard, Alphabet, Apple, Microsoft, and Netflix. The Motley Fool recommends Nintendo and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
For instance, in the first quarter of its fiscal 2023, Microsoft's revenue gained 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion. Next year, Microsoft has plans to grow its market share by building new data centers in at least 11 new regions, with CEO Satya Nadella revealing that the company is especially "bullish" about Asia as a "massive growth market." One view in favor of the deal said, "Sony and Nintendo are stronger than Microsoft in console gaming, and the merger will help Microsoft to compete more closely against them."
Microsoft is also home to a thoroughly diverse business with growing market shares in other lucrative industries. Microsoft's productivity and business processes segment also enjoyed a revenue increase of 9% to $16.4 billion, with operating income rising 10% to $8.3 billion. Microsoft has said in the past that it wants Game Pass to be the "Netflix for games."
17828.0
2022-12-29 00:00:00 UTC
Why Amazon, Alphabet, and Apple Stocks All Rallied Thursday Morning
AAPL
https://www.nasdaq.com/articles/why-amazon-alphabet-and-apple-stocks-all-rallied-thursday-morning
nan
nan
What happened The unrelenting volatility on Wall Street continues. After falling for much of the week, the market stock market indexes were all gaining ground early Thursday. The gains came as investors pored over the latest unemployment figures. The data suggests that the Federal Reserve Bank's campaign of rising interest rates -- designed to combat inflation -- may finally be having the desired effect. The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. ET. Image source: Getty Images. There was very little in the way of company-specific news to explain investor enthusiasm, which suggests market watchers were contemplating what this latest data means for the state of the economy. So what The unemployment weekly claims report, courtesy of the U.S. Department of Labor, revealed that initial jobless claims rose by 9,000 to 225,000 for the week ending Dec. 24, which was in line with economists' forecasts. Continuing claims, or the number of people already collecting unemployment benefits, increased by 41,000, rising to 1.71 million. This marks the highest reading since February. While the figures are still low when measured by historical standards, the increases suggest that job seekers are having greater difficulty finding employment, as the job market continues to tighten. Increasing unemployment would normally be seen as bad news -- but the times we live in are anything but normal. Inflation has been running near 40-year highs, and the Fed has been raising interest rates as a countermeasure to slow the overheated economy. The theory behind the Fed's moves is this: When the economy grows too rapidly, everything from gas to housing to groceries becomes more expensive, putting pressure on consumers. The Fed increases interest rates, which in turn makes borrowing more expensive, causing businesses and consumers to spend less. The decreasing demand eventually results in falling prices. Unfortunately, there is no exact timetable on how long it could take to get rampant inflation under control. The central bank has been clear regarding its priorities, saying it will aggressively fight inflation by continuing to raise interest rates. That said, as the Fed is well aware, if it slows growth too quickly, it risks tipping the economy into a recession -- something it's also trying to prevent. Now what The slowing in the job market is just one data point, but it seems to suggest that the Fed's campaign of increasing interest rates may be having the desired effect. A tightening job market is evidence of slowing economic growth, which will eventually bring down inflation. It's too early to break out the champagne, however, because one negative economic report could easily turn the tide. In addition, the current economic headwinds still represent challenges for our trio of companies: Businesses have historically reined in spending when faced with an uncertain economy in an effort to shore up financial reserves. Advertising is one of the first areas to experience cuts, as marketing is something that's easy to slow down and ramp up. This places particular hardships on adtech companies -- including Alphabet -- which gets the vast majority of its revenue from digital advertising. It's been a brutal year for e-commerce, as the industry faces tough comps and slowing growth when compared to the lockdown-induced surges during the early stages of the pandemic. As the world's largest digital retailer, Amazon has been hit particularly hard, but e-commerce growth may finally be on the upswing. The one-two punch of high inflation and rising interest rates is weighing on consumer purchasing decisions. This is causing some Apple users to forego upgrading to the latest iPhone -- at least until the economy is on better footing. There was one bit of good news that could be contributing to Apple's gains: iPhone production in China, which has been hampered by the latest COVID outbreak, may finally be catching up with demand, according to a report in The Wall Street Journal. Apple's high-end models, including the iPhone 14 Pro and Pro Max, were in short supply over the important holiday shopping season, so strong production would be a step in the right direction. As painful as it is to see stock prices down significantly, the bright side is that investors get great deals on all three of our industry-leading companies, which have declined between 28% and 51% over the past year. Data by YCharts Amazon is the most obvious bargain among our trio, selling for just 1.5 times next year's sales. For context, a reasonable price-to-sales ratio is between 1 and 2. Apple and Alphabet still have a degree of growth baked into their valuations, selling for 5 times and 4 times next year's sales, respectively. I would argue, however, that a strong history of growth and ongoing opportunities make them deserving of a premium. Furthermore, valuations for each of these companies are lower than they've been in years. For investors with patience and the intent to hold for three to five years, these valuations represent a clear buying opportunity. 10 stocks we like better than Alphabet When our award-winning 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 Alphabet 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 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Danny Vena has positions in Alphabet, Amazon.com, and Apple. The Motley Fool has positions in and recommends Alphabet, Amazon.com, and Apple. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. In addition, the current economic headwinds still represent challenges for our trio of companies: Businesses have historically reined in spending when faced with an uncertain economy in an effort to shore up financial reserves. It's been a brutal year for e-commerce, as the industry faces tough comps and slowing growth when compared to the lockdown-induced surges during the early stages of the pandemic.
The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. The data suggests that the Federal Reserve Bank's campaign of rising interest rates -- designed to combat inflation -- may finally be having the desired effect. The Fed increases interest rates, which in turn makes borrowing more expensive, causing businesses and consumers to spend less.
The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. Now what The slowing in the job market is just one data point, but it seems to suggest that the Fed's campaign of increasing interest rates may be having the desired effect. See the 10 stocks *Stock Advisor returns as of December 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors.
The news acted as a catalyst for investors to buy up their favorite beaten-down tech stocks, as Amazon (NASDAQ: AMZN) climbed 2.1%, Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG) jumped 2.4%, and Apple (NASDAQ: AAPL) rallied 2.8% as of 11:26 a.m. The Fed increases interest rates, which in turn makes borrowing more expensive, causing businesses and consumers to spend less. For investors with patience and the intent to hold for three to five years, these valuations represent a clear buying opportunity.
17829.0
2022-12-29 00:00:00 UTC
Have $3,000? 2 Smart Stocks to Buy at a Discount Right Now
AAPL
https://www.nasdaq.com/articles/have-%243000-2-smart-stocks-to-buy-at-a-discount-right-now
nan
nan
Discounted stocks are abundant these days, but just because a company looks cheaply priced in the current market doesn't make it a great buying opportunity. Beyond share price, it's important to evaluate each company on its merits to determine whether the underlying business remains poised for continued growth. It should also make sense for the composition of your personal portfolio. If you're going bargain shopping before the end of 2022 with $3,000 to invest, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two smart stocks that you won't want to overlook. 1. Apple The market may be giving tech stocks like Apple a tough time right now, but there is no denying the long-term competitive advantages this tech behemoth boasts that can help it ride out near-term storms. Apple still makes the bulk of its revenue and earnings from its popular hardware products like iPhones, iPads, Macs, and wearables/accessories. However, it's increasingly seeing consistent growth from its services segment. This segment encapsulates a wide range of products, including Apple Music, Apple TV, and advertising, and comprised $78 billion of Apple's $394 billion in reported sales in fiscal 2022. The 12-month period was another in a lengthy track record of enviable growth for the company. Despite the challenges of the current macro environment, Apple's top and bottom lines jumped by respective percentages of 8% and 5%, respectively, on a year-over-year basis. While near-term consumer spending trends could slow down the trajectory of growth for Apple, it has an exceptional financial foundation to fall back on. The company generated $111 billion in free cash flow in fiscal 2022, and had $170 billion in cash and investments on its balance sheet at the end of the 12-month period. It also remains a faithful payer to income investors, with a payout that has risen by 143% over the trailing decade. A $3,000 investment in Apple at its current share price would add about 23 shares to your portfolio. 2. Alphabet Concerns overshadowing the tech sector in general, as well as a pullback in ad spend by businesses across all industries, has made some investors bearish on Alphabet. To this day, advertising remains responsible for the the bulk of Alphabet's revenue and profits. While a downturn in ad spend could impact its business in the imminent future, this remains outside of Alphabet's immediate control. It also isn't specific to the business itself or indicative of an underlying issue that would hamper Alphabet's growth over the long term. Oberlo estimates that approximately $521 billion was spent on digital advertising globally in 2021, while the trajectory of digital ad spend will surge to $876 billion by 2026. Alphabet captured roughly 30% of U.S. digital ad spend in 2021. From YouTube to Google -- which remains the No. 1 search engine in the world -- Alphabet controls what is considered the most prime real estate for digital ad spend on the planet. This is a competitive advantage few could beat if they tried, and it means that Alphabet is well positioned to continue seizing upon its dominant market position while capitalizing on the recovery of ad spend in the future. Over the past decade, Alphabet has grown its revenue and earnings by 460% and 608%, respectively. For investors with a long-term horizon and the ability to handle more near-term volatility, Alphabet's long-term growth story looks compelling. A $3,000 investment in Alphabet would add about 34 shares to your portfolio. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Rachel Warren has positions in Alphabet and Apple. The Motley Fool has positions in and recommends Alphabet and Apple. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
If you're going bargain shopping before the end of 2022 with $3,000 to invest, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two smart stocks that you won't want to overlook. Discounted stocks are abundant these days, but just because a company looks cheaply priced in the current market doesn't make it a great buying opportunity. Beyond share price, it's important to evaluate each company on its merits to determine whether the underlying business remains poised for continued growth.
If you're going bargain shopping before the end of 2022 with $3,000 to invest, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two smart stocks that you won't want to overlook. A $3,000 investment in Apple at its current share price would add about 23 shares to your portfolio. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
If you're going bargain shopping before the end of 2022 with $3,000 to invest, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two smart stocks that you won't want to overlook. Apple The market may be giving tech stocks like Apple a tough time right now, but there is no denying the long-term competitive advantages this tech behemoth boasts that can help it ride out near-term storms. This segment encapsulates a wide range of products, including Apple Music, Apple TV, and advertising, and comprised $78 billion of Apple's $394 billion in reported sales in fiscal 2022.
If you're going bargain shopping before the end of 2022 with $3,000 to invest, Apple (NASDAQ: AAPL) and Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) are two smart stocks that you won't want to overlook. Beyond share price, it's important to evaluate each company on its merits to determine whether the underlying business remains poised for continued growth. Over the past decade, Alphabet has grown its revenue and earnings by 460% and 608%, respectively.
17830.0
2022-12-29 00:00:00 UTC
Dow Movers: BA, DIS
AAPL
https://www.nasdaq.com/articles/dow-movers%3A-ba-dis
nan
nan
In early trading on Thursday, shares of Walt Disney topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. Year to date, Walt Disney has lost about 44.2% of its value. And the worst performing Dow component thus far on the day is Boeing, trading down 0.5%. Boeing is lower by about 6.9% looking at the year to date performance. Two other components making moves today are JPMorgan Chase, trading down 0.0%, and Apple, trading up 2.5% on the day. VIDEO: Dow Movers: BA, DIS 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 Thursday, shares of Walt Disney topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. And the worst performing Dow component thus far on the day is Boeing, trading down 0.5%. VIDEO: Dow Movers: BA, DIS 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 Thursday, shares of Walt Disney topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. Year to date, Walt Disney has lost about 44.2% of its value. And the worst performing Dow component thus far on the day is Boeing, trading down 0.5%.
In early trading on Thursday, shares of Walt Disney topped the list of the day's best performing Dow Jones Industrial Average components, trading up 2.7%. And the worst performing Dow component thus far on the day is Boeing, trading down 0.5%. Two other components making moves today are JPMorgan Chase, trading down 0.0%, and Apple, trading up 2.5% on the day.
Year to date, Walt Disney has lost about 44.2% of its value. And the worst performing Dow component thus far on the day is Boeing, trading down 0.5%. VIDEO: Dow Movers: BA, DIS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
17831.0
2022-12-29 00:00:00 UTC
AAPL February 2023 Options Begin Trading
AAPL
https://www.nasdaq.com/articles/aapl-february-2023-options-begin-trading-1
nan
nan
Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the February 2023 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAPL options chain for the new February 2023 contracts and identified one put and one call contract of particular interest. The put contract at the $127.00 strike price has a current bid of $5.40. If an investor was to sell-to-open that put contract, they are committing to purchase the stock at $127.00, but will also collect the premium, putting the cost basis of the shares at $121.60 (before broker commissions). To an investor already interested in purchasing shares of AAPL, that could represent an attractive alternative to paying $129.66/share today. Because the $127.00 strike represents an approximate 2% discount to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the put contract would expire worthless. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Stock Options Channel will track those odds over time to see how they change, publishing a chart of those numbers on our website under the contract detail page for this contract. Should the contract expire worthless, the premium would represent a 4.25% return on the cash commitment, or 36.09% annualized — at Stock Options Channel we call this the YieldBoost. Below is a chart showing the trailing twelve month trading history for Apple Inc, and highlighting in green where the $127.00 strike is located relative to that history: Turning to the calls side of the option chain, the call contract at the $132.00 strike price has a current bid of $5.90. If an investor was to purchase shares of AAPL stock at the current price level of $129.66/share, and then sell-to-open that call contract as a "covered call," they are committing to sell the stock at $132.00. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 6.36% if the stock gets called away at the February 2023 expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if AAPL shares really soar, which is why looking at the trailing twelve month trading history for Apple Inc, as well as studying the business fundamentals becomes important. Below is a chart showing AAPL's trailing twelve month trading history, with the $132.00 strike highlighted in red: Considering the fact that the $132.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. On our website under the contract detail page for this contract, Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted). Should the covered call contract expire worthless, the premium would represent a 4.55% boost of extra return to the investor, or 38.63% annualized, which we refer to as the YieldBoost. Meanwhile, we calculate the actual trailing twelve month volatility (considering the last 252 trading day closing values as well as today's price of $129.66) to be 36%. For more put and call options contract ideas worth looking at, visit StockOptionsChannel.com. Top YieldBoost Calls of the Nasdaq 100 » Also see: • UMH Price Target • Institutional Holders of OVOL • RDC Historical Stock Prices The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Of course, a lot of upside could potentially be left on the table if AAPL shares really soar, which is why looking at the trailing twelve month trading history for Apple Inc, as well as studying the business fundamentals becomes important. Below is a chart showing AAPL's trailing twelve month trading history, with the $132.00 strike highlighted in red: Considering the fact that the $132.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the February 2023 expiration.
Below is a chart showing AAPL's trailing twelve month trading history, with the $132.00 strike highlighted in red: Considering the fact that the $132.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 99%. Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the February 2023 expiration.
Below is a chart showing AAPL's trailing twelve month trading history, with the $132.00 strike highlighted in red: Considering the fact that the $132.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the February 2023 expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the AAPL options chain for the new February 2023 contracts and identified one put and one call contract of particular interest.
At Stock Options Channel, our YieldBoost formula has looked up and down the AAPL options chain for the new February 2023 contracts and identified one put and one call contract of particular interest. Below is a chart showing AAPL's trailing twelve month trading history, with the $132.00 strike highlighted in red: Considering the fact that the $132.00 strike represents an approximate 2% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. Investors in Apple Inc (Symbol: AAPL) saw new options become available today, for the February 2023 expiration.
17832.0
2022-12-29 00:00:00 UTC
US STOCKS-Wall St gains as jobless claims data eases rate-hike worries
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-gains-as-jobless-claims-data-eases-rate-hike-worries
nan
nan
By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S. labor market eased worries about future interest rate hikes by the Federal Reserve. Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, gained more than 2% each, with traders attributing the rise to bargain hunting. All the major S&P 500 sector indexes rose, with consumer discretionary .SPLRCD and technology .SPLRCT leading the pack with a near 3% rise. The U.S. Labor Department's report showed initial claims for unemployment benefits rose 9,000 to a seasonally adjusted 225,000 last week, hinting at some softening in an otherwise tight labor market. "The numbers were higher than the previous week, which is good for the Fed because it's moving in the direction that it wants," said Robert Pavlik, senior portfolio manager at Dakota Wealth in Fairfield. The Fed's aggressive rate hikes have hammered equities this year, with the benchmark S&P 500 .SPX shedding 19.3% and the tech-heavy Nasdaq tumbling nearly 33%. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among major S&P 500 sectoral indexes. "Markets have sold off a lot recently and we're due for a slightly technically over-sold bounce," said Randy Frederick, managing director of trading and derivatives at Charles Schwab. Energy .SPNY shares have bucked the trend with stellar annual gains of 57%. Traders held on to bets of a 25 basis-point rate hike from the Federal Reserve in February and see rates peaking at 4.94% in June 2023. FEDWATCH. The CBOE Volatility index .VIX, known as Wall Street's "fear gauge", slipped, signaling an easing in investor anxiety. A strong labor market and the resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures have kept the hopes of smaller increases alive. Wall Street's main indexes dropped more than 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. However, investor preference for high-dividend yielding stocks with steady earnings has limited losses in the industrials-heavy Dow Jones .DJI, which is down just 8.5% for the year. At 11:47 a.m. ET, the Dow Jones Industrial Average .DJI was up 385.90 points, or 1.17%, at 33,261.61, the S&P 500 .SPX was up 69.39 points, or 1.83%, at 3,852.61, and the Nasdaq Composite .IXIC was up 271.22 points, or 2.66%, at 10,484.50. Tesla shares TSLA.O rose 8.3% after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness". The stock is still down 66% for the year. Shares of U.S.-listed Chinese online education firms such as TAL Education Group TAL.Nand Gaotu Techedu Inc GOTU.N fell between 2% and 9% after Bloomberg News reported that China's ministry of education published a new set of restrictions. Advancing issues outnumbered decliners by a 7.04-to-1 ratio on the NYSE and 4.53-to-1 ratio on the Nasdaq. The S&P index recorded no new 52-week highs and no new lows, while the Nasdaq recorded 40 new highs and 117 new lows. (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Arun Koyyur and Anil D'Silva) ((Ankika.Biswas@thomsonreuters.com;)) 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.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, gained more than 2% each, with traders attributing the rise to bargain hunting. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S. labor market eased worries about future interest rate hikes by the Federal Reserve. A strong labor market and the resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures have kept the hopes of smaller increases alive.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, gained more than 2% each, with traders attributing the rise to bargain hunting. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S. labor market eased worries about future interest rate hikes by the Federal Reserve. All the major S&P 500 sector indexes rose, with consumer discretionary .SPLRCD and technology .SPLRCT leading the pack with a near 3% rise.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, gained more than 2% each, with traders attributing the rise to bargain hunting. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S. labor market eased worries about future interest rate hikes by the Federal Reserve. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among major S&P 500 sectoral indexes.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft Corp MSFT.O and Amazon.com Inc AMZN.O, whose shares have been battered in the past few sessions, gained more than 2% each, with traders attributing the rise to bargain hunting. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Technology and growth stocks lifted Wall Street's main indexes higher on Thursday after data pointing to signs of a cooling U.S. labor market eased worries about future interest rate hikes by the Federal Reserve. The technology, consumer discretionary and communication services sectors .SPLRCL - which house several rate-sensitive high growth shares - are down between 29% and 40% this year, making them the worst performers among major S&P 500 sectoral indexes.
17833.0
2022-12-29 00:00:00 UTC
Better Buy: Microsoft vs. Apple
AAPL
https://www.nasdaq.com/articles/better-buy%3A-microsoft-vs.-apple
nan
nan
It hasn't been easy to be a stock investor in 2022, with a sell-off bringing down the shares of some of the world's most valuable companies. However, the market downturn has essentially put numerous stocks on sale, making now a great time to invest ahead of the new year. Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have watched their stocks tumble over the last year. Despite these declines, each company has proven the strength and resilience of their businesses amid poor economic conditions. This makes them excellent long-term investments. But if you only have room to add one more company to your portfolio, you might wonder whether Microsoft or Apple's stock is the better buy. Let's find out. Microsoft demonstrates long-term potential with Azure Microsoft shares have fallen 29% year to date, as declines in the PC market have concerned investors. However, the company has more than proven its value as a growth stock, with its shares still up 177% over the last five years. The tech giant has come a long way since its founding in 1975, branching out into multiple industries, making the company's primary strength its diversity. As the home to potent brands such as Windows, Office, Xbox, LinkedIn, and Azure, Microsoft has developed considerable market shares in different industries and safeguarded itself against an economic downturn. In the first quarter of its fiscal 2023, Microsoft's revenue climbed 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion. The company reported growth despite its PC-centered segment seeing a slight decline in revenue and a 15% fall in operating income of $4.2 billion. Microsoft's growth in an economically challenging quarter was primarily due to its other high-performing segments being less affected by macroeconomic headwinds. For instance, the company's cloud-computing business saw revenue increase 20% year over year to $20.3 billion, with operating income rising 17% to $8.9 billion. Meanwhile, Microsoft's productivity and business-processes segment had a revenue increase of 9% to $16.4 billion, and operating income reached $8.3 billion, rising 10%. The Windows company's performance in 2022 bodes well for its long-term future, as its investment across different industries has clearly paid off and made it a reliable investment. The $368.97 billion cloud-computing industry alone will see a compound annual growth rate (CAGR) of 15.7% until 2030, with Azure's 21% market share likely to continue providing significant gains for years. Along with solid positions in gaming, operating systems, enterprise resource-planning software, and more, Microsoft is an excellent stock pick. Apple's services segment continues to grow Apple shares have dipped 28% year to date, with concerns over its dependency on China for its iPhone production dragging it down almost 10% over the last month. However, the company remains one of the best investments out there, with consistent demand for its products no matter the economic climate and a promising services business. In fact, Apple's stock has retained its growth of 211% over the last five years despite a challenging year. If the sell-off in 2022 has taught us anything, it is the importance of investing in stocks with a long-term mindset. Investors have grown uneasy over Apple's iPhone business since November, with the smartphones making up 52% of its revenue in its fiscal 2022 and COVID-19 restrictions in China putting strains on production. However, I wouldn't bet against the cash-rich company throwing everything it can at improving its production line as soon as possible. Apple is already manufacturing a portion of its iPhone 14s in India, with JPMorgan Chase estimating that about 25% of all the company's products will be produced there by 2025. The move out of China will no doubt be lengthy, but that doesn't dampen its potential over the long term. Moreover, Apple's services business is booming and has quickly become the company's second-biggest earning segment. In its fiscal 2022, services revenue rose 14% year over year to $78.1 billion. By contrast, iPhone revenue increased by 7% during the year. Services also offers attractive profit margins, with earnings hitting 71.7% in 2022, while products reported a 36.3% profit margin. The swift growth of services is another reason to bet on Apple, with the segment able to take some pressure off its iPhone business as it moves out of China. As some of the most profitable businesses in the world, a compelling argument could be made for either Microsoft or Apple's stock. When comparing price-to-earnings ratios, Microsoft's sits at 25.53, while Apple's is a marginally preferable 21.28. Meanwhile, Microsoft's free cash flow was $63.3 billion as of Sept. 30, while Apple's was $111.4 billion. At its current metrics, Apple seems to offer investors slightly more value, making it the better buy. However, regular investments in both companies could yield significant returns over the long term. 10 stocks we like better than Microsoft When our award-winning 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 Microsoft 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 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple, JPMorgan Chase, and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have watched their stocks tumble over the last year. As the home to potent brands such as Windows, Office, Xbox, LinkedIn, and Azure, Microsoft has developed considerable market shares in different industries and safeguarded itself against an economic downturn. The $368.97 billion cloud-computing industry alone will see a compound annual growth rate (CAGR) of 15.7% until 2030, with Azure's 21% market share likely to continue providing significant gains for years.
Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have watched their stocks tumble over the last year. Microsoft demonstrates long-term potential with Azure Microsoft shares have fallen 29% year to date, as declines in the PC market have concerned investors. In the first quarter of its fiscal 2023, Microsoft's revenue climbed 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion.
Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have watched their stocks tumble over the last year. In the first quarter of its fiscal 2023, Microsoft's revenue climbed 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion. For instance, the company's cloud-computing business saw revenue increase 20% year over year to $20.3 billion, with operating income rising 17% to $8.9 billion.
Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) have watched their stocks tumble over the last year. This makes them excellent long-term investments. In the first quarter of its fiscal 2023, Microsoft's revenue climbed 11% year over year to $50.1 billion, while operating income rose 6% to $21.5 billion.
17834.0
2022-12-29 00:00:00 UTC
Noteworthy Thursday Option Activity: ABNB, HUBS, AAPL
AAPL
https://www.nasdaq.com/articles/noteworthy-thursday-option-activity%3A-abnb-hubs-aapl
nan
nan
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Airbnb Inc (Symbol: ABNB), where a total volume of 107,705 contracts has been traded thus far today, a contract volume which is representative of approximately 10.8 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 181.2% of ABNB's average daily trading volume over the past month, of 5.9 million shares. Particularly high volume was seen for the $120 strike put option expiring January 20, 2023, with 39,611 contracts trading so far today, representing approximately 4.0 million underlying shares of ABNB. Below is a chart showing ABNB's trailing twelve month trading history, with the $120 strike highlighted in orange: HubSpot Inc (Symbol: HUBS) options are showing a volume of 9,601 contracts thus far today. That number of contracts represents approximately 960,100 underlying shares, working out to a sizeable 160.3% of HUBS's average daily trading volume over the past month, of 599,120 shares. Especially high volume was seen for the $320 strike call option expiring March 17, 2023, with 7,514 contracts trading so far today, representing approximately 751,400 underlying shares of HUBS. Below is a chart showing HUBS's trailing twelve month trading history, with the $320 strike highlighted in orange: And Apple Inc (Symbol: AAPL) saw options trading volume of 1.2 million contracts, representing approximately 122.7 million underlying shares or approximately 150.2% of AAPL's average daily trading volume over the past month, of 81.7 million shares. Particularly high volume was seen for the $130 strike call option expiring December 30, 2022, with 110,235 contracts trading so far today, representing approximately 11.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations for ABNB options, HUBS options, or AAPL options, visit StockOptionsChannel.com. Today's Most Active Call & Put Options of the S&P 500 » Also see: • Top Ten Hedge Funds Holding VGAC • Institutional Holders of SBH • Top Ten Hedge Funds Holding VOOG The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Particularly high volume was seen for the $130 strike call option expiring December 30, 2022, with 110,235 contracts trading so far today, representing approximately 11.0 million underlying shares of AAPL. Below is a chart showing HUBS's trailing twelve month trading history, with the $320 strike highlighted in orange: And Apple Inc (Symbol: AAPL) saw options trading volume of 1.2 million contracts, representing approximately 122.7 million underlying shares or approximately 150.2% of AAPL's average daily trading volume over the past month, of 81.7 million shares. Below is a chart showing AAPL's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations for ABNB options, HUBS options, or AAPL options, visit StockOptionsChannel.com.
Below is a chart showing HUBS's trailing twelve month trading history, with the $320 strike highlighted in orange: And Apple Inc (Symbol: AAPL) saw options trading volume of 1.2 million contracts, representing approximately 122.7 million underlying shares or approximately 150.2% of AAPL's average daily trading volume over the past month, of 81.7 million shares. Particularly high volume was seen for the $130 strike call option expiring December 30, 2022, with 110,235 contracts trading so far today, representing approximately 11.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations for ABNB options, HUBS options, or AAPL options, visit StockOptionsChannel.com.
Below is a chart showing HUBS's trailing twelve month trading history, with the $320 strike highlighted in orange: And Apple Inc (Symbol: AAPL) saw options trading volume of 1.2 million contracts, representing approximately 122.7 million underlying shares or approximately 150.2% of AAPL's average daily trading volume over the past month, of 81.7 million shares. Particularly high volume was seen for the $130 strike call option expiring December 30, 2022, with 110,235 contracts trading so far today, representing approximately 11.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations for ABNB options, HUBS options, or AAPL options, visit StockOptionsChannel.com.
Below is a chart showing HUBS's trailing twelve month trading history, with the $320 strike highlighted in orange: And Apple Inc (Symbol: AAPL) saw options trading volume of 1.2 million contracts, representing approximately 122.7 million underlying shares or approximately 150.2% of AAPL's average daily trading volume over the past month, of 81.7 million shares. Particularly high volume was seen for the $130 strike call option expiring December 30, 2022, with 110,235 contracts trading so far today, representing approximately 11.0 million underlying shares of AAPL. Below is a chart showing AAPL's trailing twelve month trading history, with the $130 strike highlighted in orange: For the various different available expirations for ABNB options, HUBS options, or AAPL options, visit StockOptionsChannel.com.
17835.0
2022-12-29 00:00:00 UTC
Will Apple (AAPL) Stock Bounce Back in 2023?
AAPL
https://www.nasdaq.com/articles/will-apple-aapl-stock-bounce-back-in-2023
nan
nan
E ven in a week like this, when markets are thin and interest is minimal, Apple (AAPL) has been garnering a lot of attention. The stock closed at a new 52-week low when traders returned from the holiday on Tuesday, but any hopes of that level forming a support off which it could bounce were dashed yesterday, when AAPL led market slower after a promising start to the day. It is now at its lowest level since June of 2020: 1 That is not a pretty 2-year chart, and investors are inevitably wondering whether the stock can be expected to recover anytime soon, or if it will drop even further. To understand the prospects for AAPL, though, you must understand the most likely causes of the selling, so let’s start there. The most obvious reason for Apple’s big drop on a one-year basis is that the market selloff has been led by tech. For many people, Apple is the ultimate tech company, with a massive global presence, so its stock moving lower during that time makes sense. That analysis, however, has one major flaw. Apple is no longer a tech company. It makes tech-y consumer products, for sure, but it is now more of a consumer staples company than anything. It sells a branded lifestyle rather than phones and laptops, making it more akin to something like Coca-Cola (KO) than to, say, a software company. That is why it held up so much better than other “tech” names during the first eight months of the year. Then, in August, the mood changed and AAPL, far from outperforming on the way down, started to lead the charge lower. Obviously, Apple didn’t become more of a tech company in that eight months or so, but something changed the market’s perception. That thing was the continuing problems in China with Covid. Apple, as most people are aware, outsources most of their manufacturing to China, and with lockdowns and other restriction all over that country, production got hit hard. It seems that this is a case where “supply issues” are not just an excuse for weak sales, they are all too real. I understand the limitations of anecdotal evidence, but a few weeks ago, I had first-hand experience of the problem here. I wanted to get a new iPhone 14 Pro Max in a particular color for my wife in time for Christmas, but when I asked at my local AT&T (T) store, the sales assistant I was talking to patiently explained that getting any Pro Max, let alone one with a specific color, in a few weeks was just not possible. “Those phones have been on back order since they were released,” she said. While it's possible that the store I visited was particularly inept at inventory control, it's more likely that these phones are in very short supply. These supply issues will have put a dent in Apple’s numbers for a while, and will certainly hurt the outlook for a quarter or two, and that seems to be a large part of what started the run on the stock. One assumes, though, that disruption in China won’t last forever, and that as zero-Covid restrictions are relaxed, Foxconn and other Apple suppliers will get back up to speed. If so, the question becomes how much damage the shortages will have done to the brand, and the answer there is probably little to none. Most people, when told that the Apple phone they want is not available, likely won’t buy another brand. They are too involved in the Apple ecosystem and too familiar with the features and operation of an iPhone to do that. They are far more likely to just wait, or do what I did and buy whatever 14 is in stock. That means either that they will defer a purchase or spend less than anticipated. Either way, it hurts Apple’s revenue and profit. In other words, Apple's current issues are not indicative of long-term problems for the brand and, if anything, will simply create pent-up demand. While the turn of the year won’t necessarily see a change in the fortunes of AAPL, it will see a change in the company’s prospects. As China reopens and inventories recover, sales will increase. It is quite possible that if that comes as interest rate hikes around the world start to impact growth, Apple will be one of the few companies posting actual growth in a recessionary environment. So, I for one will not be selling my AAPL stock, but rather looking to pick up some more in the early part of the year on the basis that for Apple, this too shall pass. * In addition to contributing here, Martin Tillier works as Head of Research at the crypto platform SmartFI. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The stock closed at a new 52-week low when traders returned from the holiday on Tuesday, but any hopes of that level forming a support off which it could bounce were dashed yesterday, when AAPL led market slower after a promising start to the day. ven in a week like this, when markets are thin and interest is minimal, Apple (AAPL) has been garnering a lot of attention. To understand the prospects for AAPL, though, you must understand the most likely causes of the selling, so let’s start there.
The stock closed at a new 52-week low when traders returned from the holiday on Tuesday, but any hopes of that level forming a support off which it could bounce were dashed yesterday, when AAPL led market slower after a promising start to the day. ven in a week like this, when markets are thin and interest is minimal, Apple (AAPL) has been garnering a lot of attention. To understand the prospects for AAPL, though, you must understand the most likely causes of the selling, so let’s start there.
ven in a week like this, when markets are thin and interest is minimal, Apple (AAPL) has been garnering a lot of attention. The stock closed at a new 52-week low when traders returned from the holiday on Tuesday, but any hopes of that level forming a support off which it could bounce were dashed yesterday, when AAPL led market slower after a promising start to the day. To understand the prospects for AAPL, though, you must understand the most likely causes of the selling, so let’s start there.
ven in a week like this, when markets are thin and interest is minimal, Apple (AAPL) has been garnering a lot of attention. The stock closed at a new 52-week low when traders returned from the holiday on Tuesday, but any hopes of that level forming a support off which it could bounce were dashed yesterday, when AAPL led market slower after a promising start to the day. To understand the prospects for AAPL, though, you must understand the most likely causes of the selling, so let’s start there.
17836.0
2022-12-29 00:00:00 UTC
1 Growth Stock Down 28% to Buy Right Now
AAPL
https://www.nasdaq.com/articles/1-growth-stock-down-28-to-buy-right-now-0
nan
nan
A stock market sell-off over the last 12 months has affected numerous companies across different industries, with tech companies some of the hardest hit. In fact, declines in demand for consumer tech have led the Nasdaq-100 Technology Sector index to plunge 40% year to date. As a result, it has become crucial to invest in growth stocks that can provide gains over the long term to mitigate potential economic declines. And a great option is Apple (NASDAQ: AAPL). The iPhone company has not been unscathed by the market downturn. However, its more moderate fall of 28% since January and continued revenue growth has proven its reliability. Additionally, its 207% rise over the last five years, despite a challenging year, has solidified it as one of the best growth stocks out there. Here's why Apple shares are a screaming buy after this dip. Overcoming market declines Apple's stock has stumbled in the last year, but the company has continued to perform better than many of its competitors. For instance, in the third quarter of 2022, IDC Tracker found worldwide PC shipments declined by 15%. Among its list of top companies in the industry, Apple was the only one to report growth at 40.2%, while its competitors declined between 7.8% and 27.8%. The smartphone market similarly saw shipments fall 9.7% in Q3, with Apple's 1.6% growth the only improvement among its competitors. Consistent demand for Apple products can also be seen in the company's segment revenue. In its latest reported quarter, iPhone revenue climbed 9.6% year over year to $42.6 billion, largely thanks to the success of its iPhone 14 lineup, which launched in September. Meanwhile, Apple's Mac segment enjoyed a revenue rise of 25.3% to $11.5 billion. The tech star also generated $111.4 billion in trailing free cash flow as of Sept. 30, considerably more than its peers. Over the same four-quarter period, Amazon reported a negative $26.3 billion in free cash flow. Alphabet generated $62.5 billion of free cash, Microsoft's cash profit hit $63.3 billion, and Walt Disney's was $1.07 billion. Apple may have some challenges ahead, but strong and consistent demand for its products in a year plagued by market declines proves it's home to a robust business worth an investment. A long-term win All eyes have been on Apple's stock over the last month, with shares dipping almost 10% amid growing concerns over its dependence on China for iPhone production. The smartphones made up 52% of Apple's total revenue in its fiscal 2022, and recent production strains in China after a spike in COVID-19 cases have concerned investors. On Oct. 31, Reuters reported that Foxconn -- also known as Hon Hai Technology Group, which manufactures about 70% of all iPhones -- could see a 30% decline in iPhone production because of lockdowns. Despite Foxconn's plan to coordinate backup production with other plants, Apple has begun making moves to relocate its manufacturing needs as soon as possible. The company is already producing a portion of its iPhone 14s in India, with J.P. Morgan analysts estimating that Apple will move about 25% of all of its products by 2025. Apple's complete move out of China will likely be lengthy. However, it's positive that the company is being proactive in rectifying the situation, and it certainly has the cash to make the transition as smooth as possible. Furthermore, Apple is making significant inroads in services, with the segment earning the second-biggest portion of revenue in its fiscal 2022. Services saw revenue rise 14% year over year to $78.1 billion. Meanwhile, iPhone revenue increased by 7% in the same period. Strong growth in services is especially promising because of its attractive profit margins. In 2022, services reported a 71.7% profit margin, while the same metric for products came in at 36.3%. As a result, Apple's services business has the potential to ease pressure from its iPhone segment as the company restructures its production line. Moreover, numerous reports have revealed Apple may be taking its first steps into augmented reality (AR) and virtual reality (VR) in 2023 with the release of a new headset. With its quick rise to dominance in markets such as tablets, smartphones, Bluetooth headphones, and smartwatches, the company has proven a knack for successfully entering new industries. Entering the $25.33 billion AR market, expected to see a compound annual growth rate of 40.9% until 2030, could be incredibly lucrative for Apple's long-term future. Apple's stock may have tumbled in 2022, but its position as an excellent growth stock remains. As a result, the company would be an asset to any portfolio and will likely provide significant gains for those willing to hold for the long haul. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Dani Cook has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, JPMorgan Chase, Microsoft, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on 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.
And a great option is Apple (NASDAQ: AAPL). Apple may have some challenges ahead, but strong and consistent demand for its products in a year plagued by market declines proves it's home to a robust business worth an investment. A long-term win All eyes have been on Apple's stock over the last month, with shares dipping almost 10% amid growing concerns over its dependence on China for iPhone production.
And a great option is Apple (NASDAQ: AAPL). Alphabet generated $62.5 billion of free cash, Microsoft's cash profit hit $63.3 billion, and Walt Disney's was $1.07 billion. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, JPMorgan Chase, Microsoft, and Walt Disney.
And a great option is Apple (NASDAQ: AAPL). Overcoming market declines Apple's stock has stumbled in the last year, but the company has continued to perform better than many of its competitors. Apple's stock may have tumbled in 2022, but its position as an excellent growth stock remains.
And a great option is Apple (NASDAQ: AAPL). Alphabet generated $62.5 billion of free cash, Microsoft's cash profit hit $63.3 billion, and Walt Disney's was $1.07 billion. Services saw revenue rise 14% year over year to $78.1 billion.
17837.0
2022-12-29 00:00:00 UTC
Want to Invest Like Warren Buffett? Buy These 2 Top Stocks and Hold Them Forever
AAPL
https://www.nasdaq.com/articles/want-to-invest-like-warren-buffett-buy-these-2-top-stocks-and-hold-them-forever
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The Oracle of Omaha's preferred length of time to hold an investment is "forever" -- which is quite a long holding period. If that sounds like a tall order, have no fear. It's perfectly fine to consider following Buffett into a couple of his stock positions as long as you're willing to be as patient as he is and refrain from selling for quite some time. So here are two Buffett stocks that should be high on your list of candidates. 1. Johnson & Johnson Johnson & Johnson (NYSE: JNJ) only accounts for around 0.02% of Buffett's portfolio, but it's a strong example of how and why his investing strategy is successful over time. Traditionally, this behemoth competes in consumer health goods as well as pharmaceuticals and medical devices, selling things like Aveeno moisturizers and Tylenol at retail outlets, while marketing its medicines like its COVID-19 vaccine to hospitals and clinics. Its consumer-targeted products experience highly reliable levels of demand, which is doubtlessly one of the factors that Buffett prefers in his investments. After all, you're probably not going to buy more shampoo or moisturizer next year than you did this year. But for potential investors there's something else to consider now; in 2023, the company will spin off its consumer health goods division, leaving two businesses in its wake. One company will inherit the J&J name and do pharmaceutical research and development (R&D), which is a riskier yet more growth-oriented activity than the other company's domain of selling consumer health products. In the business as it is today, its pharma segment is a big part of the reason why the company grew its trailing-12-month net income by 76.5% over the past 10 years, topping $19.1 billion. So investors who buy shares now can continue to have their cake (consistent, low-risk growth from the consumer unit) and eat it too (moderately paced growth from the remaining units) as they'll get ownership of both entities when the spinoff happens -- and there is no problem with holding both of them. Furthermore, astute investors recognize that Johnson & Johnson's plodding bottom-line expansion is how it can afford to sustainably hike its dividend year after year, a trend that management of both businesses are likely to continue after the spinoff. Since late December of 2002, its dividend has risen by more than 450%, and it's also a member of the elite Dividend Kings, with a history of 60 consecutive annual hikes and counting. If you're willing to buy a few shares and hold them for the next 20 years or an even longer Buffett-esque duration, your combined quarterly payment from J&J and the consumer health company could well rise by a similar proportion. Just don't be too surprised if the pair don't beat the market's return every year. 2. Apple Apple (NASDAQ: AAPL) is Warren Buffett's single largest holding, accounting for around 42% of his company's portfolio. It's also the world's largest public company with a market capitalization in excess of $2.1 trillion. You're doubtlessly familiar with its cash-cow technology products like the iPhone, and recent years have seen its streaming service take off to become a competitor with other heavyweights like Netflix. And the strongly recurring demand for its offerings is one of the reasons it's likely appealing to Buffett. Apple has several drivers to keep consumers coming back for its products and to keep them paying for services. The first is the obsolescence cycle in which its computers, phones, and other peripherals require replacement once every few years. By inching up prices while realizing efficiencies that pushed down its cost of goods sold (COGS) as a proportion of its revenue over time, it increased its trailing net income by 139% in the past 10 years, reaching a sum of nearly $100 billion. Its subscription services are also handy for propeliing earnings as exclusive content encourages customers to keep their membership active even if prices rise or if competitors drop prices. The economic moat that Apple has as a result of its brand and its product ecosystem is exactly the type of competitive advantage that Buffett likely appreciates. Another factor that Buffett probably likes is that Apple is legendary for its aggressive returning of shareholder capital in the form of dividends and share repurchases. Its payout grew by 143% in the last 10 years alone, and since 2012, the company has repurchased an astonishing $554 billion worth of shares. There's no indication that management plans to disrupt the pace of buybacks anytime soon. You can expect Apple to keep giving shareholders larger and larger dividends while also reducing the number of outstanding shares. And over the next 20 or 30 years, that should make investors significantly richer -- and you can bet that Buffett appreciates this powerful benefit to the stock. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Alex Carchidi has positions in Apple. The Motley Fool has positions in and recommends Apple and Netflix. The Motley Fool recommends Johnson & Johnson and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Apple Apple (NASDAQ: AAPL) is Warren Buffett's single largest holding, accounting for around 42% of his company's portfolio. In the business as it is today, its pharma segment is a big part of the reason why the company grew its trailing-12-month net income by 76.5% over the past 10 years, topping $19.1 billion. If you're willing to buy a few shares and hold them for the next 20 years or an even longer Buffett-esque duration, your combined quarterly payment from J&J and the consumer health company could well rise by a similar proportion.
Apple Apple (NASDAQ: AAPL) is Warren Buffett's single largest holding, accounting for around 42% of his company's portfolio. In the business as it is today, its pharma segment is a big part of the reason why the company grew its trailing-12-month net income by 76.5% over the past 10 years, topping $19.1 billion. The Motley Fool recommends Johnson & Johnson and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
Apple Apple (NASDAQ: AAPL) is Warren Buffett's single largest holding, accounting for around 42% of his company's portfolio. Furthermore, astute investors recognize that Johnson & Johnson's plodding bottom-line expansion is how it can afford to sustainably hike its dividend year after year, a trend that management of both businesses are likely to continue after the spinoff. The Motley Fool recommends Johnson & Johnson and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
Apple Apple (NASDAQ: AAPL) is Warren Buffett's single largest holding, accounting for around 42% of his company's portfolio. Furthermore, astute investors recognize that Johnson & Johnson's plodding bottom-line expansion is how it can afford to sustainably hike its dividend year after year, a trend that management of both businesses are likely to continue after the spinoff. Another factor that Buffett probably likes is that Apple is legendary for its aggressive returning of shareholder capital in the form of dividends and share repurchases.
17838.0
2022-12-29 00:00:00 UTC
2 Blue Chip Stocks to Buy No Matter What Happens in 2023
AAPL
https://www.nasdaq.com/articles/2-blue-chip-stocks-to-buy-no-matter-what-happens-in-2023
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Investors are hoping 2023 will be much better than the past 12 months, but there is no guarantee that it will. Some of the economic problems they have encountered this year should persist, and worse, many experts are predicting a recession within the next year. In other words, the market could continue to struggle for a while. But these issues won't last forever. Eventually, stocks will bottom out, and a rally will follow. In the meantime, buying stocks that can survive in any environment is a good idea. Here are two great examples: Johnson & Johnson (NYSE: JNJ) and Apple (NASDAQ: AAPL). Here's why these blue chip companies can help investors get through good and bad times. 1. Johnson & Johnson Pharmaceutical giant Johnson & Johnson generates consistent revenue and profits, has a solid pipeline that can allow it to strengthen its lineup of drugs and is an excellent dividend payer. Let's unpack that a bit more, starting with the company's financial results. In the third quarter, J&J's revenue increased by 1.9% year over year to $23.8 billion. Without the impact of foreign exchange rate dynamics, the company's top line jumped by 8.1% year over year. The drugmaker has a long list of lifesaving medicines that keep growing in sales. They include immunosuppressants Stelara and Tremfya. Revenue from the former grew by 3% year over year to $2.4 billion in the third quarter. Tremfya's sales soared to $729 million, 35.9% higher than the year-ago period. Johnson & Johnson's lineup also includes cancer medicines Darzalex and Erleada, its COVID-19 vaccine, and more. Economic cycles won't affect patients' needs for important drugs that treat chronic illnesses like plaque psoriasis or potentially deadly diseases like cancer. So even with a challenging environment, Johnson & Johnson's financial results should remain somewhat decent. The company also has an impressive pipeline, even for a pharmaceutical company of its size. It includes no less than 43 programs in late-stage studies alone. In the third quarter, J&J earned four regulatory approvals. Johnson & Johnson's pipeline can allow it to replace older drugs whose sales are declining. Then there is the company's dividend history. Having raised its payouts for 60 consecutive years, Johnson & Johnson is part of the elite clique of Dividend Kings. It currently offers a yield of 2.55%, slightly above the S&P 500's 1.82%. The drugmaker is unlikely to cut or suspend its payouts even in a recession. That's great news for income-seeking investors. Johnson & Johnson's business is built to get through even the toughest times. That's why it's been around for more than a century and will survive whatever the economy and the market have in store next year. 2. Apple Apple is best known for the iPhone and other innovative gadgets, none of which are cheap. But the company's brand name is so powerful that consumers continue to buy its devices at record levels, even amid an inflationary crisis. In the fourth quarter of its fiscal year 2022, ending on Sept. 24, Apple registered record revenue for that period. Its total sales of $90.1 billion increased by 8% year over year. Obviously, Apple's strong financial results hardly indicate that the company hasn't had issues; even corporations performing well deal with some obstacles. For instance, much of the company's manufacturing for its iPhone happens in China, and the country is currently going through unrest due to its COVID-19 lockdown policies. This problem and others could certainly continue to weigh on Apple in the near term. Looking beyond that, though, the tech giant is an excellent long-term bet, despite a market cap above $2 trillion. One of Apple's greatest strengths is its ecosystem of users. Those who own an iPhone or some other device can have access to a host of services Apple offers. That includes iTunes, Apple Pay, iCloud, and more. Apple's goal is to find new ways to monetize these consumers; it has an installed base of more than 1 billion with iPhones, a threshold the company crossed last year. The company's services segment has grown in importance in recent years. It also records much better margins than its products unit. Apple can ride this opportunity for years. The company's fintech ambitions also look promising, given that digital payments are on a solid upward path. Be it within fintech or some other market, though, Apple has both the funds to pursue new ventures and a solid track record that strongly suggests that it will successfully find ways to monetize its base of users. The company can handle the next economic or market crisis, whether next year or after. 10 stocks we like better than Johnson & Johnson When our award-winning 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 Johnson & Johnson 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 1, 2022 Prosper Junior Bakiny has positions in Johnson & Johnson. The Motley Fool has positions in and recommends Apple. The Motley Fool recommends Johnson & Johnson and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Here are two great examples: Johnson & Johnson (NYSE: JNJ) and Apple (NASDAQ: AAPL). Economic cycles won't affect patients' needs for important drugs that treat chronic illnesses like plaque psoriasis or potentially deadly diseases like cancer. Apple's goal is to find new ways to monetize these consumers; it has an installed base of more than 1 billion with iPhones, a threshold the company crossed last year.
Here are two great examples: Johnson & Johnson (NYSE: JNJ) and Apple (NASDAQ: AAPL). Johnson & Johnson Pharmaceutical giant Johnson & Johnson generates consistent revenue and profits, has a solid pipeline that can allow it to strengthen its lineup of drugs and is an excellent dividend payer. Johnson & Johnson's lineup also includes cancer medicines Darzalex and Erleada, its COVID-19 vaccine, and more.
Here are two great examples: Johnson & Johnson (NYSE: JNJ) and Apple (NASDAQ: AAPL). Johnson & Johnson Pharmaceutical giant Johnson & Johnson generates consistent revenue and profits, has a solid pipeline that can allow it to strengthen its lineup of drugs and is an excellent dividend payer. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Johnson & Johnson wasn't one of them!
Here are two great examples: Johnson & Johnson (NYSE: JNJ) and Apple (NASDAQ: AAPL). Johnson & Johnson Pharmaceutical giant Johnson & Johnson generates consistent revenue and profits, has a solid pipeline that can allow it to strengthen its lineup of drugs and is an excellent dividend payer. In the third quarter, J&J's revenue increased by 1.9% year over year to $23.8 billion.
17839.0
2022-12-29 00:00:00 UTC
US STOCKS-Wall St set to open higher as jobless claims data calm rate hike worries
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-set-to-open-higher-as-jobless-claims-data-calm-rate-hike-worries
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By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve. Initial claims for unemployment benefits rose 9,000 to a seasonally adjusted 225,000 for the week ended Dec. 24, the Labor Department said. Economists polled by Reuters had forecast 225,000 claims for the latest week. The report suggested that the rapid interest rate hikes were starting to take a toll on the labor market, bolstering hopes that the U.S. central bank would dial down its aggressive stance. "Signs of the job market beginning to weaken is certainly apparent," said Peter Cardillo, chief market economist, Spartan Capital Securities LLC. "We're at the end of the year and of course, the market has not performed well. We're seeing some bargain hunting coming in today." Traders held on to bets of a 25 basis point rate hike from the Federal Reserve in February and see rates peaking at 4.92% in June 2023. FEDWATCH. A strong labor market and resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures keep alive hopes of smaller increases. Tesla shares TSLA.O rose 5.4% in premarket trading after Chief Executive Elon Musk told staff they should not be "bothered by stock market craziness". They have lost nearly 70% of their value so far this year. Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft MSFT.O and Amazon.com Inc AMZN.O gained between 0.9% and 1.9%, helped by a decline in the 10-year Treasury yield US10YT=RR. The Fed's aggressive monetary policy tightening has hammered equities this year, with the benchmark S&P 500 .SPX shedding 20% and tech-heavy Nasdaq losing nearly 35% in value. Wall Street's main indexes dropped over 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. However, investor preference for high-dividend yielding stocks with steady earnings have staved off a steeper decline in the industrials-heavy Dow Jones .DJI, which is down just 9.5% on the year. At 8:42 a.m. ET, Dow e-minis 1YMcv1 were up 172 points, or 0.52%, S&P 500 e-minis EScv1 were up 29 points, or 0.76%, and Nasdaq 100 e-minis NQcv1 were up 116.25 points, or 1.08%. (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Arun Koyyur) ((Ankika.Biswas@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft MSFT.O and Amazon.com Inc AMZN.O gained between 0.9% and 1.9%, helped by a decline in the 10-year Treasury yield US10YT=RR. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve. A strong labor market and resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures keep alive hopes of smaller increases.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft MSFT.O and Amazon.com Inc AMZN.O gained between 0.9% and 1.9%, helped by a decline in the 10-year Treasury yield US10YT=RR. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve. Traders held on to bets of a 25 basis point rate hike from the Federal Reserve in February and see rates peaking at 4.92% in June 2023.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft MSFT.O and Amazon.com Inc AMZN.O gained between 0.9% and 1.9%, helped by a decline in the 10-year Treasury yield US10YT=RR. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve. The report suggested that the rapid interest rate hikes were starting to take a toll on the labor market, bolstering hopes that the U.S. central bank would dial down its aggressive stance.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Microsoft MSFT.O and Amazon.com Inc AMZN.O gained between 0.9% and 1.9%, helped by a decline in the 10-year Treasury yield US10YT=RR. By Ankika Biswas and Amruta Khandekar Dec 29 (Reuters) - Wall Street's main indexes were set to open higher on Thursday as data pointing to signs of a cooling labor market eased worries over future interest rate hikes by the U.S. Federal Reserve. Initial claims for unemployment benefits rose 9,000 to a seasonally adjusted 225,000 for the week ended Dec. 24, the Labor Department said.
17840.0
2022-12-29 00:00:00 UTC
US STOCKS-Futures rise ahead of jobless claims data, Tesla jumps
AAPL
https://www.nasdaq.com/articles/us-stocks-futures-rise-ahead-of-jobless-claims-data-tesla-jumps
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For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. Futures up: Dow 0.21%, S&P 0.45%, Nasdaq 0.74% Dec 29 (Reuters) - U.S. stock index futures gained on Thursday ahead of labor market data that will give clues on future interest rate hikes, while Tesla extended gains after top boss Elon Musk told staff to ignore the "stock market craziness". The shares of the electric-vehicle maker TSLA.O advanced 5.3% in premarket trading after Musk's comment. They snapped seven sessions of losses on Wednesday, but the selloffs over the year have led to a 70% slide in the stock's value. Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Meta Platforms Inc META.O and Amazon.com Inc AMZN.O gained between 0.7% and 1%, helped by a decline in the 10-year Treasury yield US10YT=RR. "There is some element of dip buying going on, but it seems to be mainly focused on tech stocks at the moment," said Stuart Cole, head macro economist at Equiti Capital. "Thin liquidity is likely allowing this buying to have a bigger impact than would normally be the case." Wall Street's main indexes dropped over 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. On the data front, the U.S. Labor Department's report is expected to show that 225,000 Americans filed for unemployment claims last week, up from 216,000 in the previous week, indicating some weakness in an otherwise tight labor market. A strong labor market and resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures keep alive hopes of smaller increases. The Fed's aggressive monetary policy tightening to tame decades-high inflation has hammered equities this year, with the benchmark S&P 500 .SPX shedding 20% and tech-heavy Nasdaq losing nearly 35% in value. However, investor preference for high-dividend yielding stocks that are closely tied to economic health have staved off a steeper decline in the industrials-heavy Dow Jones .DJI, which is down just 9.5% on the year. Markets are now pricing in 69% odds of a 25-basis point rate hike by the U.S. central bank in its February meeting and see rates peaking at 4.93% in the first half of next year. FEDWATCH. At 6:18 a.m. ET, Dow e-minis 1YMcv1 were up 70 points, or 0.21%, S&P 500 e-minis EScv1 were up 17 points, or 0.45%, and Nasdaq 100 e-minis NQcv1 were up 80.25 points, or 0.74%. (Reporting by Ankika Biswas and Amruta Khandekar in Bengaluru; Editing by Arun Koyyur) ((Ankika.Biswas@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Meta Platforms Inc META.O and Amazon.com Inc AMZN.O gained between 0.7% and 1%, helped by a decline in the 10-year Treasury yield US10YT=RR. Wall Street's main indexes dropped over 1% on Wednesday, with the Nasdaq .IXIC hitting a 2022 closing low as rising COVID cases in China and geopolitical tensions added to fears of a likely recession in 2023. A strong labor market and resilient American economy have fueled worries that interest rates could stay higher for longer even though easing inflationary pressures keep alive hopes of smaller increases.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Meta Platforms Inc META.O and Amazon.com Inc AMZN.O gained between 0.7% and 1%, helped by a decline in the 10-year Treasury yield US10YT=RR. Futures up: Dow 0.21%, S&P 0.45%, Nasdaq 0.74% Dec 29 (Reuters) - U.S. stock index futures gained on Thursday ahead of labor market data that will give clues on future interest rate hikes, while Tesla extended gains after top boss Elon Musk told staff to ignore the "stock market craziness". Markets are now pricing in 69% odds of a 25-basis point rate hike by the U.S. central bank in its February meeting and see rates peaking at 4.93% in the first half of next year.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Meta Platforms Inc META.O and Amazon.com Inc AMZN.O gained between 0.7% and 1%, helped by a decline in the 10-year Treasury yield US10YT=RR. Futures up: Dow 0.21%, S&P 0.45%, Nasdaq 0.74% Dec 29 (Reuters) - U.S. stock index futures gained on Thursday ahead of labor market data that will give clues on future interest rate hikes, while Tesla extended gains after top boss Elon Musk told staff to ignore the "stock market craziness". Markets are now pricing in 69% odds of a 25-basis point rate hike by the U.S. central bank in its February meeting and see rates peaking at 4.93% in the first half of next year.
Major technology and growth stocks like Apple Inc AAPL.O, Alphabet Inc GOOGL.O, Meta Platforms Inc META.O and Amazon.com Inc AMZN.O gained between 0.7% and 1%, helped by a decline in the 10-year Treasury yield US10YT=RR. For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window. The shares of the electric-vehicle maker TSLA.O advanced 5.3% in premarket trading after Musk's comment.
17841.0
2022-12-29 00:00:00 UTC
TSMC starts volume production of most advanced chips in Taiwan
AAPL
https://www.nasdaq.com/articles/tsmc-starts-volume-production-of-most-advanced-chips-in-taiwan-0
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Adds chairman comment; paragraph 4 TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world's largest contract chipmaker's investment plans at home and abroad. TSMC has a dominant position as a maker of advanced chips used in technology from cellphones to fighter jets. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan. Liu said demand for the firm's 3-nanometre chip was "very strong", driven by new technologies including 5G and high-performance computing products. He did not elaborate. Earlier this month, TSMC said it would more than triple its planned investment at its to $40 billion, among the largest foreign investments in U.S. history. The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. In an apparent response to the concerns that TSMC's foreign investment would undermine Taiwan's key position in semiconductors, Liu said the production was a demonstration that TSMC was "taking concrete action to develop advanced technology and expand capacity in Taiwan." Taiwan's government has dismissed concerns about a "goodbye to Taiwan" trend for the chip industry, saying the island's position as a major semiconductor producer and maker of the most advanced chips is secure. Liu said the mass production was successful and with good yields, adding that the new 3-nanometre technology would create end products with a market value of $1.5 trillion within five years. TSMC said it was working to build factories for the next generation 2-nanometre chips, which were planned to be manufactured in northern and central Taiwan. TSMC has repeatedly said that the bulk of its manufacturing will remain in Taiwan. (Reporting by Yimou Lee and Ann Wang; Editing by Stephen Coates) ((yimou.lee@thomsonreuters.com; +886-2-8729-5122;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world's largest contract chipmaker's investment plans at home and abroad. TSMC said it was working to build factories for the next generation 2-nanometre chips, which were planned to be manufactured in northern and central Taiwan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. Adds chairman comment; paragraph 4 TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. Adds chairman comment; paragraph 4 TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. Adds chairman comment; paragraph 4 TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. Earlier this month, TSMC said it would more than triple its planned investment at its to $40 billion, among the largest foreign investments in U.S. history.
17842.0
2022-12-29 00:00:00 UTC
TSMC starts volume production of most advanced chips in Taiwan
AAPL
https://www.nasdaq.com/articles/tsmc-starts-volume-production-of-most-advanced-chips-in-taiwan
nan
nan
TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world's largest contract chipmaker's investment plans at home and abroad. TSMC has a dominant position as a maker of advanced chips used in technology from cellphones to fighter jets. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan. Earlier this month, TSMC said it would more than triple its planned investment at its to $40 billion, among the largest foreign investments in U.S. history. The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. In an apparent response to the concerns that TSMC's foreign investment would undermine Taiwan's key position in semiconductors, Liu said the production was a demonstration that TSMC was "taking concrete action to develop advanced technology and expand capacity in Taiwan." Taiwan's government has dismissed concerns about a "goodbye to Taiwan" trend for the chip industry, saying the island's position as a major semiconductor producer and maker of the most advanced chips is secure. Liu said the mass production was successful and with good yields, adding that the new 3-nanometre technology would create end products with a market value of $1.5 trillion within five years. TSMC said it was working to build factories for the next generation 2-nanometre chips, which were planned to be manufactured in northern and central Taiwan. TSMC has repeatedly said that the bulk of its manufacturing will remain in Taiwan. (Reporting by Yimou Lee and Ann Wang; Editing by Stephen Coates) ((yimou.lee@thomsonreuters.com; +886-2-8729-5122;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. The long-awaited mass production of chips with 3-nanometre technology comes as attention focuses on the world's largest contract chipmaker's investment plans at home and abroad. TSMC said it was working to build factories for the next generation 2-nanometre chips, which were planned to be manufactured in northern and central Taiwan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. "TSMC is maintaining its technology leadership while investing significantly in Taiwan, continuing to invest and prosper with the environment," TSMC Chairman Mark Liu told a ceremony marking the production and capacity expansion in the southern city of Tainan.
The Taiwanese company, which counts Apple Inc AAPL.O and Nvidia Corp NVDA.O among its major clients, is also building a chip plant in Japan and has said it was in the early stages of reviewing a potential expansion into Germany. TAINAN, Taiwan, Dec 29 (Reuters) - Chipmaker Taiwan Semiconductor Manufacturing Company Ltd (TSMC)2330.TW, TSM.N began mass production of its most advanced chips in southern Taiwan on Thursday and the company's chairman said it would continue to expand capacity on the island. In an apparent response to the concerns that TSMC's foreign investment would undermine Taiwan's key position in semiconductors, Liu said the production was a demonstration that TSMC was "taking concrete action to develop advanced technology and expand capacity in Taiwan."
17843.0
2022-12-29 00:00:00 UTC
1 Warren Buffett Stock I Wouldn't Touch With a 10-Foot Pole
AAPL
https://www.nasdaq.com/articles/1-warren-buffett-stock-i-wouldnt-touch-with-a-10-foot-pole
nan
nan
Warren Buffett and his company Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) made some excellent investments over the years. One of those famed investments is Coca-Cola (NYSE: KO), which he first purchased shares of in 1988. By 1994, Buffett had acquired all the Coca-Cola shares he owns today. However, he hasn't purchased any since then. So, despite what many faithful Buffett followers may say, I think Coca-Cola isn't a great purchase for investors now. While this may be a controversial opinion, there are a lot of reasons that back up this line of thought. Coca-Cola has not beaten the market as of late From 1995 on, few investors understand that Coca-Cola underperformed the broader market (I'm using the S&P 500 as the comparison) by a significant margin. KO Total Return Level data by YCharts However, Coca-Cola has outperformed the S&P 500 going back to Berkshire's original investment. KO Total Return Level data by YCharts Total return includes reinvested dividends, although Buffett doesn't reinvest his Coca-Cola dividends back into the stock, so the underperformance is actually worse than these charts represent. Furthermore, the broader market outperformance has been increasingly evident in the past few years, with the S&P 500 returning about 229% this past decade versus Coca-Cola's 140%. While this is a counter-narrative argument, it's hard to argue against the raw data. In fact, Buffett himself is a huge proponent of just investing in the S&P 500. So why has Coca-Cola underperformed so severely? Coca-Cola's stock isn't for everyone Much of Coca-Cola's underperformance deals with valuation. Except for an artificially low period around 2012, Coca-Cola's price-to-earnings ratio usually trades at a massive premium to the stock market. KO PE Ratio data by YCharts Buffett is a notorious value investor, and valuation is likely a primary reason he hasn't bought any more Coca-Cola stock. At 28.0 times its current earnings, Coca-Cola is more expensive than Alphabet (17.5 times earnings) or Apple (21.3 times earnings). Following Warren Buffett's principles and purchasing Coca-Cola stock currently stand in direct opposition with each other. So am I saying to dump the stock and get out? Maybe. Coca-Cola grew its revenue by 10% last quarter and increased its earnings per share by 14%. Compared to many companies dealing with slowing sales and rising costs, Coca-Cola is resisting these changes. Coca-Cola is a solid business -- which is why Buffett owns the stock. However, analysts don't expect this growth to continue, as they project $2.53 and $2.71 in EPS for 2023 and 2024, respectively. This indicates 2% and 7% growth over the previous year, which are both market-underperforming numbers. The long-term track record (I'm talking about the last 25 years) isn't great for Coca-Cola. Although it's a well-managed business, it hasn't experienced the same level of growth as the broader market. I don't think Coca-Cola will stumble upon the next growth phase to propel into market-beating territory, so it doesn't make sense to own the stock. However, if you're looking for a steady stock that isn't going to lose much value (Coca-Cola is up 8% versus the S&P 500, which is down 20% this year), Coca-Cola isn't a bad stock to own. But, most investors (especially those not in retirement) should be focused on growth, so Coca-Cola likely isn't the best Buffett pick for you. Although many Buffett devotees love Coca-Cola stock, it may be better to follow another piece of advice and invest in an S&P 500 index fund. 10 stocks we like better than Coca-Cola When our award-winning 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 Coca-Cola 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 1, 2022 Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Keithen Drury has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Apple, and Berkshire Hathaway. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $47.50 calls on Coca-Cola, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on 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.
KO Total Return Level data by YCharts However, Coca-Cola has outperformed the S&P 500 going back to Berkshire's original investment. Except for an artificially low period around 2012, Coca-Cola's price-to-earnings ratio usually trades at a massive premium to the stock market. KO PE Ratio data by YCharts Buffett is a notorious value investor, and valuation is likely a primary reason he hasn't bought any more Coca-Cola stock.
KO Total Return Level data by YCharts However, Coca-Cola has outperformed the S&P 500 going back to Berkshire's original investment. KO Total Return Level data by YCharts Total return includes reinvested dividends, although Buffett doesn't reinvest his Coca-Cola dividends back into the stock, so the underperformance is actually worse than these charts represent. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $47.50 calls on Coca-Cola, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on Apple.
Coca-Cola's stock isn't for everyone Much of Coca-Cola's underperformance deals with valuation. However, if you're looking for a steady stock that isn't going to lose much value (Coca-Cola is up 8% versus the S&P 500, which is down 20% this year), Coca-Cola isn't a bad stock to own. The Motley Fool recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $47.50 calls on Coca-Cola, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on Apple.
Coca-Cola's stock isn't for everyone Much of Coca-Cola's underperformance deals with valuation. KO PE Ratio data by YCharts Buffett is a notorious value investor, and valuation is likely a primary reason he hasn't bought any more Coca-Cola stock. The Motley Fool has positions in and recommends Alphabet, Apple, and Berkshire Hathaway.
17844.0
2022-12-28 00:00:00 UTC
Got $1,000? 2 Smart Stocks to Buy Hand Over Fist
AAPL
https://www.nasdaq.com/articles/got-%241000-2-smart-stocks-to-buy-hand-over-fist
nan
nan
The stock market has dealt a tough hand to many investors in 2022, as prolonged volatility has afflicted virtually every sector to a certain degree. Even so, strong businesses with diverse catalysts for future growth can succeed beyond the current challenging period and enrich investors' portfolios in the process. That said, if you have $1,000 to invest in the current market, Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are two smart stocks to consider loading up on before year's end. 1. Microsoft Microsoft may be one of the most well-known names in tech, but that doesn't mean this giant has come close to exhausting its growth runway yet. The company is known by many investors for its productivity software, a market in which Microsoft controls a share to the tune of about 50%. Bear in mind, this is a market that hit a valuation of nearly $42 billion in 2020 and is expected to expand to roughly $123 billion by 2028. Another huge driver of Microsoft's current and future growth is the cloud infrastructure market. This is a space worth roughly $60 billion globally at the time of this writing, in which it controls a market share of 21% with its Azure cloud platform. The most recent quarter saw the company deliver revenue growth of 11% from the year-ago period to $50 billion, driven by a 24% jump in Microsoft Cloud revenue, a 9% jump in productivity and business processes revenue, and a 20% increase in intelligent cloud revenue. Microsoft remains highly profitable, with its net earnings in the most recent quarter totaling $18 billion. Microsoft is in a better position than most to ride out the volatility of the near-term market environment and continue delivering strong growth in the years ahead. Its software offerings remain daily-use essentials for individuals and businesses globally, and its hardware business continues to be a key factor in its overall growth with its lineup of PCs, accessories, headsets, laptops, gaming devices, and more. There's also a less-talked-about aspect of Microsoft's business, which is its advertising segment. While companies are pulling back on advertising spending in the near term, effective digital ad campaigns remain a must-have cost of doing business in order to remain competitive. While its ad business isn't yet at the scale of some other well-known tech giants, it hit a major revenue mark of $10 billion last year, while management is aiming to increase this figure to $20 billion in the years ahead. A $1,000 investment in Microsoft would add about four shares to your portfolio right now. 2. Apple Apple is another tech giant that needs no introduction. Shares of Apple have taken a beating over the last few months, particularly as broad sentiment continues to go against tech-oriented growth stocks. Some investors also fear that a recessionary environment could slow down sales of Apple's key products, as these high-ticket items can be discretionary expenditures for households. Apple still makes the lion's share of its revenue from smartphone sales and has a footprint of about 60% in the U.S. and 30% globally. Apple's market share within the global smartphone market, a space on track to hit just shy of $500 billion by the year 2026, is not only massive but growing. This can continue to be a durable driver of growth in the years to come, regardless of what happens in the near term. Even with the current macro situation, in the company's fiscal 2022, iPhone sales comprised about $205 billion of its total sales of $394 billion. However, Apple isn't resting on its laurels. It's rapidly expanding into new areas of growth that can drive revenue and profits in the future. From its foray into the buy now, pay later space to its expansion in the streaming market to its VR headset, which could launch in early 2023, to its small but growing advertising business, there are plenty of ways the tech giant can continue to disrupt new and emerging industries in the years ahead while delivering returns for shareholders. Apple's core products remain in demand and highly profitable. The company reported another year of steady growth in its fiscal 2022. Earnings jumped 4% year over year to $90 billion, and operating cash flow surged by a whopping $18 billion in the final quarter of the year alone. This follows the trailing five years, in which Apple's revenue and earnings have grown by respective amounts of 131% and 170%, while the tech stock has delivered a total return of 720% for investors. A $1,000 investment in Apple would add approximately seven shares to your portfolio. 10 stocks we like better than Microsoft When our award-winning 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 Microsoft 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 1, 2022 Rachel Warren has positions in Apple. The Motley Fool has positions in and recommends Apple and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
That said, if you have $1,000 to invest in the current market, Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are two smart stocks to consider loading up on before year's end. Even so, strong businesses with diverse catalysts for future growth can succeed beyond the current challenging period and enrich investors' portfolios in the process. Some investors also fear that a recessionary environment could slow down sales of Apple's key products, as these high-ticket items can be discretionary expenditures for households.
That said, if you have $1,000 to invest in the current market, Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are two smart stocks to consider loading up on before year's end. The most recent quarter saw the company deliver revenue growth of 11% from the year-ago period to $50 billion, driven by a 24% jump in Microsoft Cloud revenue, a 9% jump in productivity and business processes revenue, and a 20% increase in intelligent cloud revenue. Microsoft remains highly profitable, with its net earnings in the most recent quarter totaling $18 billion.
That said, if you have $1,000 to invest in the current market, Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are two smart stocks to consider loading up on before year's end. The most recent quarter saw the company deliver revenue growth of 11% from the year-ago period to $50 billion, driven by a 24% jump in Microsoft Cloud revenue, a 9% jump in productivity and business processes revenue, and a 20% increase in intelligent cloud revenue. Apple's market share within the global smartphone market, a space on track to hit just shy of $500 billion by the year 2026, is not only massive but growing.
That said, if you have $1,000 to invest in the current market, Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) are two smart stocks to consider loading up on before year's end. The company is known by many investors for its productivity software, a market in which Microsoft controls a share to the tune of about 50%. The most recent quarter saw the company deliver revenue growth of 11% from the year-ago period to $50 billion, driven by a 24% jump in Microsoft Cloud revenue, a 9% jump in productivity and business processes revenue, and a 20% increase in intelligent cloud revenue.
17845.0
2022-12-28 00:00:00 UTC
Why Apple Stock Was Sliding Today
AAPL
https://www.nasdaq.com/articles/why-apple-stock-was-sliding-today
nan
nan
What happened Shares of Apple (NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. As a result, the stock was down 2.3% as of 2:19 p.m. EST. So what Market research firm Trendforce cut its forecast for iPhone shipments in 2022 after a COVID-19 outbreak in Zhengzhou, China where Foxconn manufactures iPhones. Due to the capacity crunch at the Zhengzhou plant, Trendforce now expects total iPhone 14 shipments of 78.1 million down from an earlier forecast. It also said the labor shortage in China would lead shipments for the fiscal first quarter to decline 22% to 47 million. Separately, JD.com also launched its Chinese New Year sales with discounts on iPhones of $129 for the iPhone 14 and $143 for the iPhone 14 Plus. That move potentially indicates that the phones are selling more slowly than JD.com, which is China's biggest direct retailer, had expected. Now what Apple stock has fallen in recent weeks on concerns about iPhone production and as investors have priced in higher interest rates next year. However, there's a silver lining in the news about production delays. Demand has been strong for the new iPhones and for the higher-priced Pros, meaning that sales should rebound when production improves. Over the longer term, the impact from the manufacturing delays should be negligible, but the potential for a recession next year adds another headwind for the stock. Still, with the stock now down 28% year to date and trading at a 52-week low, those concerns seem to be sufficiently priced in. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Jeremy Bowman has positions in JD.com. The Motley Fool has positions in and recommends Apple and JD.com. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
What happened Shares of Apple (NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. Due to the capacity crunch at the Zhengzhou plant, Trendforce now expects total iPhone 14 shipments of 78.1 million down from an earlier forecast. Now what Apple stock has fallen in recent weeks on concerns about iPhone production and as investors have priced in higher interest rates next year.
What happened Shares of Apple (NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. Due to the capacity crunch at the Zhengzhou plant, Trendforce now expects total iPhone 14 shipments of 78.1 million down from an earlier forecast. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.
What happened Shares of Apple (NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. Separately, JD.com also launched its Chinese New Year sales with discounts on iPhones of $129 for the iPhone 14 and $143 for the iPhone 14 Plus. Now what Apple stock has fallen in recent weeks on concerns about iPhone production and as investors have priced in higher interest rates next year.
What happened Shares of Apple (NASDAQ: AAPL) were falling today on yet another data point showing weak iPhone sales heading into the new year. Separately, JD.com also launched its Chinese New Year sales with discounts on iPhones of $129 for the iPhone 14 and $143 for the iPhone 14 Plus. Now what Apple stock has fallen in recent weeks on concerns about iPhone production and as investors have priced in higher interest rates next year.
17846.0
2022-12-28 00:00:00 UTC
US STOCKS-U.S. stocks fall on recession fears, weak oil prices
AAPL
https://www.nasdaq.com/articles/us-stocks-u.s.-stocks-fall-on-recession-fears-weak-oil-prices
nan
nan
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday, giving up modest initial gains, on growing concern about a recession in 2023 and surging COVID-19 cases in China, the world's top oil importer. Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 0.9% and 2.3% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. Ten of the 11 S&P 500 .SPX sector indexes were lower. Energy stocks .SPNY were the biggest losers with a 1.9% drop as worries over demand in China weighed on oil prices. O/R Investors have been carefully assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections. Tesla Inc TSLA.O rose 3% in choppy trade, after hitting its lowest level in more than two years in the previous session. The stock is down nearly 69% for the year. The benchmark S&P 500 .SPX is down 20% year-to-date and set for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite .IXIC, down 34% for the same period. "What's happening today is modest continuation of those underlying dynamics, that the market is finally starting to take seriously will we have a recession 2023," said Michael Green, chief strategist and portfolio manager at Simplify Asset Management in New York. While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller rate hikes, a tight labor market and a resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year. FEDWATCH. At 2:27 p.m. ET, the Dow Jones Industrial Average .DJI fell 222.54 points, or 0.67%, to 33,019.02, the S&P 500 .SPX lost 29.8 points, or 0.78%, at 3,799.45 and the Nasdaq Composite .IXIC dropped 102.49 points, or 0.99%, to 10,250.74. Southwest Airlines Co LUV.Ndropped 4.1% a day after the carrier came under fire from the U.S. government for canceling thousands of flights. Declining issues outnumbered advancing ones on the NYSE by a 3.34-to-1 ratio; on Nasdaq, a 1.81-to-1 ratio favored decliners. The S&P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 50 new highs and 378 new lows. (Reporting by Echo Wang in New York; Additional reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila, Anil D'Silva and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) 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.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 0.9% and 2.3% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday, giving up modest initial gains, on growing concern about a recession in 2023 and surging COVID-19 cases in China, the world's top oil importer. O/R Investors have been carefully assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 0.9% and 2.3% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday, giving up modest initial gains, on growing concern about a recession in 2023 and surging COVID-19 cases in China, the world's top oil importer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 0.9% and 2.3% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday, giving up modest initial gains, on growing concern about a recession in 2023 and surging COVID-19 cases in China, the world's top oil importer. ET, the Dow Jones Industrial Average .DJI fell 222.54 points, or 0.67%, to 33,019.02, the S&P 500 .SPX lost 29.8 points, or 0.78%, at 3,799.45 and the Nasdaq Composite .IXIC dropped 102.49 points, or 0.99%, to 10,250.74.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 0.9% and 2.3% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. The stock is down nearly 69% for the year. The rout has been more severe for the tech-heavy Nasdaq Composite .IXIC, down 34% for the same period.
17847.0
2022-12-28 00:00:00 UTC
US STOCKS-U.S. stocks end lower on mixed economic data, recession fears
AAPL
https://www.nasdaq.com/articles/us-stocks-u.s.-stocks-end-lower-on-mixed-economic-data-recession-fears
nan
nan
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "There was no Santa rally this year. The Grinch showed up this December for investors," said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York. December is typically a strong month for equities, with a rally in the week between Christmas and New Year's. The S&P 500 index .SPX has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show. "Normally a Santa Claus Rally is sparked by hopes of factors that will drive economic and market growth," Bassuk said. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year." All 11 of the S&P 500 .SPX sector indexes fell on Wednesday, with energy stocks .SPNY as the biggest loser.O/R Investors have been assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections. "With this current combination of rising cases with an opening up of China restrictions, we're seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period," Bassuk said. The benchmark S&P 500 .SPX is down 20% year-to-date, on track for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite .IXIC, which closed at the lowest level since July 2020. While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year. FEDWATCH. Shares of Tesla Inc TSLA.O rose in choppy trade, after hitting its lowest level in more than two years a day earlier. The stock is down nearly 69% for the year. Southwest Airlines Co LUV.Ndroppeda day after the carrier came under fire from the U.S. government for canceling thousands of flights. According to preliminary data, the S&P 500 .SPX lost 46.20 points, or 1.21%, to end at 3,783.05 points, while the Nasdaq Composite .IXIC lost 138.33 points, or 1.34%, to 10,214.89. The Dow Jones Industrial Average .DJI fell 367.60 points, or 1.11%, to 32,873.96. (Reporting by Echo Wang in New York; Additional reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila, Anil D'Silva and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year." "With this current combination of rising cases with an opening up of China restrictions, we're seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period," Bassuk said.
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year." According to preliminary data, the S&P 500 .SPX lost 46.20 points, or 1.21%, to end at 3,783.05 points, while the Nasdaq Composite .IXIC lost 138.33 points, or 1.34%, to 10,214.89.
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year." According to preliminary data, the S&P 500 .SPX lost 46.20 points, or 1.21%, to end at 3,783.05 points, while the Nasdaq Composite .IXIC lost 138.33 points, or 1.34%, to 10,214.89.
By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes closed lower on Wednesday, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "There was no Santa rally this year. All 11 of the S&P 500 .SPX sector indexes fell on Wednesday, with energy stocks .SPNY as the biggest loser.O/R Investors have been assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections.
17848.0
2022-12-28 00:00:00 UTC
US STOCKS-Wall St reverses gains as energy, growth shares drag
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-reverses-gains-as-energy-growth-shares-drag
nan
nan
By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector took a hit from a slide in oil prices. All the major S&P 500 .SPX sector indexes were lower. Energy stocks .SPNY were the biggest losers with a 2% drop as worries over demand in China weighed on oil prices. O/R Investors have been carefully assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections. Tesla Inc TSLA.Owas last up 1.2% in choppy trade, after hitting its lowest level in more than two years in the previous session. The stock is down nearly 69% for the year. "What you're hearing from investors is that recession is going to be a hard landing and there are other people who say we've already been in a recession," said Nancy Tengler, chief executive officer at Laffer Tengler Investments in Scottsdale, Arizona. Traders and analysts have also pointed to year-end tax-loss selling as one of the key headwinds for equities. While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller rate hikes, a tight labor market and a resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year. FEDWATCH. At 11:33 a.m. ET, the Dow Jones Industrial Average .DJI was down 167.87 points, or 0.51%, at 33,073.69, the S&P 500 .SPX was down 24.08 points, or 0.63%, at 3,805.17, and the Nasdaq Composite .IXIC was down 90.78 points, or 0.88%, at 10,262.45. Southwest Airlines Co LUV.N slipped 2.2% as the carrier came under fire from the U.S. government on Tuesday after it canceled thousands of flights. Declining issues outnumbered advancers for a 2.63-to-1 ratio on the NYSE and 1.69-to-1 ratio on the Nasdaq. The S&P index recorded seven new 52-week highs and four new lows, while the Nasdaq recorded 42 new highs and 289 new lows. (Reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila and Anil D'Silva) ((Amruta.Khandekar@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector took a hit from a slide in oil prices. Energy stocks .SPNY were the biggest losers with a 2% drop as worries over demand in China weighed on oil prices. O/R Investors have been carefully assessing China's move to reopen its COVID-battered economy against the backdrop of a surge in infections.
By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector took a hit from a slide in oil prices. The S&P index recorded seven new 52-week highs and four new lows, while the Nasdaq recorded 42 new highs and 289 new lows. (Reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila and Anil D'Silva) ((Amruta.Khandekar@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector took a hit from a slide in oil prices. While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller rate hikes, a tight labor market and a resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year.
By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes fell on Wednesday as a rise in U.S. Treasury yields pressured growth stocks, while the energy sector took a hit from a slide in oil prices. The stock is down nearly 69% for the year. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year.
17849.0
2022-12-28 00:00:00 UTC
Tesla shares record rare jump this month on the way to worst year
AAPL
https://www.nasdaq.com/articles/tesla-shares-record-rare-jump-this-month-on-the-way-to-worst-year
nan
nan
Dec 28 (Reuters) - Shares of Tesla Inc TSLA.O snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker's worst year on record. The stock gained 3.3% on the day. It is set to round off 2022 with a 68% drop - the most among the big U.S. technology firms - as fears mount over slowing demand in China and top boss Elon Musk's growing distractions with Twitter. "The shorts are piling on and the stock is way oversold here, which could drive a bounce-back rally," Wedbush analyst Dan Ives said. The company, whose meteoric rise over the last few years had burned many bearish investors, is the third most shorted stock in dollar value after Apple Inc AAPL.O and Microsoft Corp MSFT.O, according to financial analytics firm S3 Partners. About 2.85% of Tesla shares, or $8.36 billion, are shorted, S3 Partners said, adding that short selling was up by more than 8.98 million shares this year due to a drop in the stock price, which was partly driven by Musk's share sales to fund his Twitter purchase. Tesla short sellers stand to book a profit of $16.94 billion, their first gain since at least 2016, compared with a $10.26 billion loss last year. "When Tesla's stock begins to tick upwards there should be a flurry of short covering ... as shorter-term short sellers look to realize their outsized mark-to-market profits before they evaporate," said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. Short sellers borrow shares to sell them on the open market in the hope of buying them back at a cheaper price and pocketing the difference. There could be more short selling until a firm-priced floor is established, Dusaniwsky said. The stock also saw high trading volumes on Wednesday with 211.54 million shares changing hands, 79% above the 25-day average volume. Eyes on the road Eyes on the roadhttps://tmsnrt.rs/3jdLZBb Companies with the largest short interesthttps://tmsnrt.rs/3FSqX2s Tesla short-sellers make a profit in 2022https://tmsnrt.rs/3VsuIle (Reporting by Nivedita Balu and Akash Sriram in Bengaluru; Editing by Anil D'Silva) ((Nivedita.Balu@thomsonreuters.com; Twitter: @niveditabalu;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The company, whose meteoric rise over the last few years had burned many bearish investors, is the third most shorted stock in dollar value after Apple Inc AAPL.O and Microsoft Corp MSFT.O, according to financial analytics firm S3 Partners. Dec 28 (Reuters) - Shares of Tesla Inc TSLA.O snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker's worst year on record. It is set to round off 2022 with a 68% drop - the most among the big U.S. technology firms - as fears mount over slowing demand in China and top boss Elon Musk's growing distractions with Twitter.
The company, whose meteoric rise over the last few years had burned many bearish investors, is the third most shorted stock in dollar value after Apple Inc AAPL.O and Microsoft Corp MSFT.O, according to financial analytics firm S3 Partners. About 2.85% of Tesla shares, or $8.36 billion, are shorted, S3 Partners said, adding that short selling was up by more than 8.98 million shares this year due to a drop in the stock price, which was partly driven by Musk's share sales to fund his Twitter purchase. Tesla short sellers stand to book a profit of $16.94 billion, their first gain since at least 2016, compared with a $10.26 billion loss last year.
The company, whose meteoric rise over the last few years had burned many bearish investors, is the third most shorted stock in dollar value after Apple Inc AAPL.O and Microsoft Corp MSFT.O, according to financial analytics firm S3 Partners. About 2.85% of Tesla shares, or $8.36 billion, are shorted, S3 Partners said, adding that short selling was up by more than 8.98 million shares this year due to a drop in the stock price, which was partly driven by Musk's share sales to fund his Twitter purchase. "When Tesla's stock begins to tick upwards there should be a flurry of short covering ... as shorter-term short sellers look to realize their outsized mark-to-market profits before they evaporate," said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners.
The company, whose meteoric rise over the last few years had burned many bearish investors, is the third most shorted stock in dollar value after Apple Inc AAPL.O and Microsoft Corp MSFT.O, according to financial analytics firm S3 Partners. Dec 28 (Reuters) - Shares of Tesla Inc TSLA.O snapped a seven-session losing streak on Wednesday, in their rare rise this month on the way to what will be the electric-vehicle maker's worst year on record. About 2.85% of Tesla shares, or $8.36 billion, are shorted, S3 Partners said, adding that short selling was up by more than 8.98 million shares this year due to a drop in the stock price, which was partly driven by Musk's share sales to fund his Twitter purchase.
17850.0
2022-12-28 00:00:00 UTC
3 Companies With Rock-Solid Free Cash Flow
AAPL
https://www.nasdaq.com/articles/3-companies-with-rock-solid-free-cash-flow
nan
nan
Scouting for stocks can be exhausting at times, especially with such an extensive list of options out there. However, one common metric investors love to put focus on is free cash flow. Still, what is free cash flow? Free cash flow is the total cash a company holds onto after paying for operating costs and capital expenditures. It speaks volumes about a company’s financial health, but in what way? A healthy free cash flow provides more growth opportunities, a higher potential for share buybacks, stable dividend payouts, and the ability to wipe out any debt with ease. Three companies – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – all generate substantial cash. Below is a chart illustrating the year-to-date performance of all three stocks, with the S&P 500 blended in as a benchmark. Image Source: Zacks Investment Research Let’s take a closer look at how each one stacks up. Apple We’ve all become highly familiar with Apple, the technology heavyweight that has revolutionized the mobile phone landscape with its flagship iPhone. Apple generated a mighty $20.8 billion in free cash flow throughout its latest quarter, good enough for a 22.7% Y/Y increase. Image Source: Zacks Investment Research Apple has posted better-than-expected results despite facing a harsh business environment, exceeding top and bottom line estimates in four consecutive quarters. In its latest release, AAPL exceeded the Zacks Consensus EPS Estimate by more than 2% and reported revenue 1.9% above expectations. Below is a chart illustrating the company’s revenue on a quarterly basis. Image Source: Zacks Investment Research Microsoft Another investor favorite, Microsoft, is a mega-cap titan that’s one of the largest broad-based technology providers in the world. The company posted free cash flow of a steep $16.9 billion in its latest quarterly release, indicating a minor pullback Y/Y. Image Source: Zacks Investment Research For those seeking income paired with exposure to tech, MSFT has that covered; the company’s annual dividend currently yields roughly 1.2%, nicely above its Zacks Computer and Technology sector average. Further, Microsoft has upped its payout five times over the last five years, translating to a nearly 10% five-year annualized dividend growth rate. Image Source: Zacks Investment Research UnitedHealth Group, Inc. UnitedHealth provides a wide range of healthcare products and services, including health maintenance organizations (HMOs), point of service plans (POS), preferred provider organizations (PPOs), and managed fee-for-service programs. UnitedHealth generated a whopping $17.8 billion of free cash flow during its latest quarter, reflecting a steep 150% Y/Y change and an even larger 180% sequential increase. Image Source: Zacks Investment Research Like MSFT, UnitedHealth rewards its shareholders; UNH’s annual dividend yield stands at 1.2%, a few ticks below its Zacks Medical sector average of 1.4%. Still, the company’s 17.5% five-year annualized dividend growth rate picks up the slack immensely. Image Source: Zacks Investment Research Bottom Line Generally, companies that display free cash flow strength are well-established and carry highly-successful business operations, undoubtedly perks that any investor looks for. And all three companies above – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – generate rock-solid levels of free cash flow. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Microsoft Corporation (MSFT) : Free Stock Analysis Report UnitedHealth Group Incorporated (UNH) : 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.
Three companies – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – all generate substantial cash. In its latest release, AAPL exceeded the Zacks Consensus EPS Estimate by more than 2% and reported revenue 1.9% above expectations. And all three companies above – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – generate rock-solid levels of free cash flow.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report UnitedHealth Group Incorporated (UNH) : Free Stock Analysis Report To read this article on Zacks.com click here. Three companies – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – all generate substantial cash. In its latest release, AAPL exceeded the Zacks Consensus EPS Estimate by more than 2% and reported revenue 1.9% above expectations.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report UnitedHealth Group Incorporated (UNH) : Free Stock Analysis Report To read this article on Zacks.com click here. Three companies – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – all generate substantial cash. In its latest release, AAPL exceeded the Zacks Consensus EPS Estimate by more than 2% and reported revenue 1.9% above expectations.
Three companies – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – all generate substantial cash. In its latest release, AAPL exceeded the Zacks Consensus EPS Estimate by more than 2% and reported revenue 1.9% above expectations. And all three companies above – Apple AAPL, Microsoft MSFT, and UnitedHealth Group Inc. UNH – generate rock-solid levels of free cash flow.
17851.0
2022-12-28 00:00:00 UTC
US STOCKS-U.S. stocks drop on recession fears, Nasdaq closes at new bear market low
AAPL
https://www.nasdaq.com/articles/us-stocks-u.s.-stocks-drop-on-recession-fears-nasdaq-closes-at-new-bear-market-low
nan
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By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. The Nasdaq Composite .IXIC ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high. The last time the Nasdaq ended lower was in July 2020. Its previous closing low for 2022 was 10,321.388 on Oct. 14. "There was no Santa rally this year. The Grinch showed up this December for investors," said Greg Bassuk, chief executive at AXS Investments in Port Chester, New York. December is typically a strong month for equities, with a rally in the week after Christmas. The S&P 500 index .SPX has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show. "Normally a Santa Claus Rally is sparked by hopes of factors that will drive economic and market growth," Bassuk said. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year." All 11 of the S&P 500 .SPX sector indexes fell on Wednesday. Energy stocks .SPNY were the biggest losers, dipping over 2.2% as worries over demand in China weighed on oil prices. O/R Investors have been assessing China's move to reopen its COVID-battered economy as infections surged. "With this current combination of rising cases with an opening up of China restrictions, we're seeing that investors are concerned that the ramifications are going to spread through many different industries and sectors as it did in the earlier COVID period," Bassuk said. The benchmark S&P 500 .SPX is down 20% year-to-date, on track for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite .IXIC, which closed at the lowest level since July 2020. While recent data pointing to an easing in inflationary pressures has bolstered hopes of smaller interest rate hikes by the Federal Reserve, a tight labor market and resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year. FEDWATCH. Shares of Tesla Inc TSLA.O gained 3.3% in choppy trade, a day after hitting the lowest level in more than two years. The stock is down nearly 69% for the year. Southwest Airlines Co LUV.Ndropped5.2% a day after the carrier came under fire from the U.S. government for canceling thousands of flights. Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. The Dow Jones Industrial Average .DJI fell 365.85 points, or 1.1%, to 32,875.71; the S&P 500 .SPX lost 46.03 points, or 1.20%, at 3,783.22; and the Nasdaq Composite .IXIC dropped 139.94 points, or 1.35%, to 10,213.29. Declining issues outnumbered advancers on the NYSE by a 3.77-to-1 ratio; on Nasdaq, a 1.97-to-1 ratio favored decliners. The S&P 500 posted seven new 52-week highs and seven new lows; the Nasdaq Composite recorded 75 new highs and 421 new lows. Volume on U.S. exchanges was 8.59 billion shares, compared with the 11.3 billion average for the full session over the last 20 trading days. (Reporting by Echo Wang in New York; Additional reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila, Anil D'Silva and Richard Chang) ((E.Wang@thomsonreuters.com; +1 9172873971; Reuters Messaging: E.Wang@thomsonreuters.com@reuters.net)) 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.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year."
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. "The negative and mixed economic data, greater concerns around COVID reemergence and ongoing geopolitical tensions and ... all of that also translating Fed policy is all impeding Santa (from) showing up at the end of this year."
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. By Echo Wang Dec 28 (Reuters) - Wall Street's main indexes ended weaker on Wednesday, with the Nasdaq hitting a 2022 closing low, as investors grappled with mixed economic data, rising COVID cases in China, and geopolitical tensions heading into 2023. The Nasdaq Composite .IXIC ended at 10,213.288, the lowest since the bear market began in November 2021 after the index hit a record high.
Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O fell between 1.5% and 3.1% as the U.S. 10-year Treasury yield US10YT=RR recovered from a brief fall to rise for a third straight session. "There was no Santa rally this year. The S&P 500 index .SPX has posted only 18 Decembers with losses since 1950, Truist Advisory Services data show.
17852.0
2022-12-28 00:00:00 UTC
What's New With Wynn Stock?
AAPL
https://www.nasdaq.com/articles/whats-new-with-wynn-stock
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Wynn (NASDAQ:WYNN) stock has fared well over the last quarter or so, rising by about 50% since late October. The recent gains come as two major overhangs relating to the Macau business appear to be easing. Firstly, China’s State Council has been rolling back some Covid-19 restrictions, scaling back on mass testing, quarantine requirements, and the use of the health code system. This could help to drive a recovery in the Macau casino market, which has seen gaming activity trend at a fraction of 2019 levels amid a dramatic decline in tourist inflows. Moreover, Wynn announced that it had signed a 10-year agreement with the Macau government relating to the renewal of its gaming concession. Investors had been uncertain about whether the licenses would be renewed as the Macau government launched a gambling review last year, following a regulatory crackdown. Moreover, the conditions under which the licenses were offered also appear to be reasonable and this should come as a relief for the markets. So what’s the outlook like for Wynn stock? Wynn has seen a strong performance of its U.S. properties in recent quarters. Wynn Revenue for Q3 2022, fell by just about 10% year-over-year to $890 million despite the Macau issues, and came in ahead of analyst expectations as revenue from its Las Vegas and Boston properties grew by double-digits. The company could also see an upside from its interactive business, with Massachusetts planning to legalize sports betting. Moreover, the eventual recovery in Macau should also help the company significantly, given pent-up demand and the fact that the market accounted for about 70% of the company’s pre-pandemic revenue. The company’s liquidity position is also reasonable, with cash holdings expected to stand at over $3.5 billion accounting for the cash generated from the sale and leaseback transaction for the Encore Boston Harbor property. That said, there are risks as well. The recent surge in Covid-19 cases in China could delay the return of tourists to Macau. Moreover, the U.S. economy also faces risks, amid rising interest rates, with a recession appearing increasingly likely. This could weigh on consumer spending, directly impacting Wynn’s stock. We value Wynn stock at about $86 per share, which is 8% ahead of the current market price. See our analysis on Wynn Resorts valuation for more details on what is driving our price estimate for the stock. What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016. Returns Dec 2022 MTD [1] 2022 YTD [1] 2017-22 Total [2] WYNN Return -4% -5% -7% S&P 500 Return -6% -19% 72% Trefis Multi-Strategy Portfolio -6% -22% 212% [1] Month-to-date and year-to-date as of 12/26/2022 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
This could help to drive a recovery in the Macau casino market, which has seen gaming activity trend at a fraction of 2019 levels amid a dramatic decline in tourist inflows. Investors had been uncertain about whether the licenses would be renewed as the Macau government launched a gambling review last year, following a regulatory crackdown. Moreover, the U.S. economy also faces risks, amid rising interest rates, with a recession appearing increasingly likely.
Wynn (NASDAQ:WYNN) stock has fared well over the last quarter or so, rising by about 50% since late October. Moreover, the U.S. economy also faces risks, amid rising interest rates, with a recession appearing increasingly likely. Total [2] WYNN Return -4% -5% -7% S&P 500 Return -6% -19% 72% Trefis Multi-Strategy Portfolio -6% -22% 212% [1] Month-to-date and year-to-date as of 12/26/2022 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Wynn (NASDAQ:WYNN) stock has fared well over the last quarter or so, rising by about 50% since late October. Wynn Revenue for Q3 2022, fell by just about 10% year-over-year to $890 million despite the Macau issues, and came in ahead of analyst expectations as revenue from its Las Vegas and Boston properties grew by double-digits. Total [2] WYNN Return -4% -5% -7% S&P 500 Return -6% -19% 72% Trefis Multi-Strategy Portfolio -6% -22% 212% [1] Month-to-date and year-to-date as of 12/26/2022 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
So what’s the outlook like for Wynn stock? The recent surge in Covid-19 cases in China could delay the return of tourists to Macau. Total [2] WYNN Return -4% -5% -7% S&P 500 Return -6% -19% 72% Trefis Multi-Strategy Portfolio -6% -22% 212% [1] Month-to-date and year-to-date as of 12/26/2022 [2] Cumulative total returns since the end of 2016 Invest with Trefis Market Beating Portfolios See all Trefis Price Estimates The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
17853.0
2022-12-28 00:00:00 UTC
After Hours Most Active for Dec 28, 2022 : AMC, VST, NU, VZ, KIM, EGHT, AAPL, T, BUG, TQQQ, AMZN, TSLA
AAPL
https://www.nasdaq.com/articles/after-hours-most-active-for-dec-28-2022-%3A-amc-vst-nu-vz-kim-eght-aapl-t-bug-tqqq-amzn-tsla
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The NASDAQ 100 After Hours Indicator is up 6.35 to 10,685.7. The total After hours volume is currently 50,360,986 shares traded. The following are the most active stocks for the after hours session: AMC Entertainment Holdings, Inc. (AMC) is +0.02 at $3.86, with 10,527,121 shares traded., following a 52-week high recorded in today's regular session. Vistra Corp. (VST) is unchanged at $23.66, with 3,353,230 shares traded. As reported by Zacks, the current mean recommendation for VST is in the "strong buy range". Nu Holdings Ltd. (NU) is -0.01 at $3.90, with 2,451,698 shares traded. As reported by Zacks, the current mean recommendation for NU is in the "buy range". Verizon Communications Inc. (VZ) is unchanged at $38.81, with 2,017,571 shares traded. VZ's current last sale is 77.62% of the target price of $50. Kimco Realty Corporation (KIM) is unchanged at $20.88, with 1,751,327 shares traded. As reported by Zacks, the current mean recommendation for KIM is in the "buy range". 8x8 Inc (EGHT) is unchanged at $4.15, with 1,642,940 shares traded. As reported in the last short interest update the days to cover for EGHT is 9.034947; this calculation is based on the average trading volume of the stock. Apple Inc. (AAPL) is +0.0999 at $126.14, with 1,632,151 shares traded., following a 52-week high recorded in today's regular session. AT&T Inc. (T) is -0.01 at $18.21, with 1,627,676 shares traded. T's current last sale is 80.93% of the target price of $22.5. Global X Cybersecurity ETF (BUG) is +0.0347 at $20.34, with 1,216,001 shares traded., following a 52-week high recorded in today's regular session. ProShares UltraPro QQQ (TQQQ) is +0.02 at $16.18, with 1,140,658 shares traded., following a 52-week high recorded in today's regular session. Amazon.com, Inc. (AMZN) is +0.06 at $81.88, with 1,125,034 shares traded., following a 52-week high recorded in today's regular session. Tesla, Inc. (TSLA) is +0.53 at $113.20, with 1,087,418 shares traded. TSLA's current last sale is 41.16% of the target price of $275. 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 +0.0999 at $126.14, with 1,632,151 shares traded., following a 52-week high recorded in today's regular session. As reported in the last short interest update the days to cover for EGHT is 9.034947; this calculation is based on the average trading volume of the stock. Global X Cybersecurity ETF (BUG) is +0.0347 at $20.34, with 1,216,001 shares traded., following a 52-week high recorded in today's regular session.
Apple Inc. (AAPL) is +0.0999 at $126.14, with 1,632,151 shares traded., following a 52-week high recorded in today's regular session. The total After hours volume is currently 50,360,986 shares traded. AMC Entertainment Holdings, Inc. (AMC) is +0.02 at $3.86, with 10,527,121 shares traded., following a 52-week high recorded in today's regular session.
Apple Inc. (AAPL) is +0.0999 at $126.14, with 1,632,151 shares traded., following a 52-week high recorded in today's regular session. AMC Entertainment Holdings, Inc. (AMC) is +0.02 at $3.86, with 10,527,121 shares traded., following a 52-week high recorded in today's regular session. Amazon.com, Inc. (AMZN) is +0.06 at $81.88, with 1,125,034 shares traded., following a 52-week high recorded in today's regular session.
Apple Inc. (AAPL) is +0.0999 at $126.14, with 1,632,151 shares traded., following a 52-week high recorded in today's regular session. AMC Entertainment Holdings, Inc. (AMC) is +0.02 at $3.86, with 10,527,121 shares traded., following a 52-week high recorded in today's regular session. 8x8 Inc (EGHT) is unchanged at $4.15, with 1,642,940 shares traded.
17854.0
2022-12-28 00:00:00 UTC
Wednesday's ETF with Unusual Volume: PBUS
AAPL
https://www.nasdaq.com/articles/wednesdays-etf-with-unusual-volume%3A-pbus
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The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Wednesday, with over 310,000 shares traded versus three month average volume of about 26,000. Shares of PBUS were down about 0.1% on the day. Components of that ETF with the highest volume on Wednesday were Tesla, trading up about 2.6% with over 136.4 million shares changing hands so far this session, and Apple, down about 2% on volume of over 45.8 million shares. Generac Holdlings is the component faring the best Wednesday, up by about 4.3% on the day, while Erie Indemnity is lagging other components of the Invesco PureBeta MSCI USA ETF, trading lower by about 7.3%. VIDEO: Wednesday's ETF with Unusual Volume: PBUS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Wednesday, with over 310,000 shares traded versus three month average volume of about 26,000. Components of that ETF with the highest volume on Wednesday were Tesla, trading up about 2.6% with over 136.4 million shares changing hands so far this session, and Apple, down about 2% on volume of over 45.8 million shares. Generac Holdlings is the component faring the best Wednesday, up by about 4.3% on the day, while Erie Indemnity is lagging other components of the Invesco PureBeta MSCI USA ETF, trading lower by about 7.3%.
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Wednesday, with over 310,000 shares traded versus three month average volume of about 26,000. Generac Holdlings is the component faring the best Wednesday, up by about 4.3% on the day, while Erie Indemnity is lagging other components of the Invesco PureBeta MSCI USA ETF, trading lower by about 7.3%. VIDEO: Wednesday's ETF with Unusual Volume: PBUS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Wednesday, with over 310,000 shares traded versus three month average volume of about 26,000. Components of that ETF with the highest volume on Wednesday were Tesla, trading up about 2.6% with over 136.4 million shares changing hands so far this session, and Apple, down about 2% on volume of over 45.8 million shares. Generac Holdlings is the component faring the best Wednesday, up by about 4.3% on the day, while Erie Indemnity is lagging other components of the Invesco PureBeta MSCI USA ETF, trading lower by about 7.3%.
Components of that ETF with the highest volume on Wednesday were Tesla, trading up about 2.6% with over 136.4 million shares changing hands so far this session, and Apple, down about 2% on volume of over 45.8 million shares. Generac Holdlings is the component faring the best Wednesday, up by about 4.3% on the day, while Erie Indemnity is lagging other components of the Invesco PureBeta MSCI USA ETF, trading lower by about 7.3%. VIDEO: Wednesday's ETF with Unusual Volume: PBUS The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
17855.0
2022-12-28 00:00:00 UTC
5 Unstoppable Metaverse Stocks to Buy in 2023
AAPL
https://www.nasdaq.com/articles/5-unstoppable-metaverse-stocks-to-buy-in-2023
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Some investors could have a case of the "metaverse mehs." There was a lot of buzz initially about a virtual universe that could generate trillions of dollars in annual revenue. But after the hype wore off, many once high-flying stocks with metaverse connections lost their luster. However, the long-term potential for the metaverse remains as great as ever. And many of the companies that are best positioned to succeed in the future have other businesses that are already lucrative. Their stocks give investors a way to profit on the metaverse without betting the farm on it. Here are five unstoppable metaverse stocks to buy in 2023 (listed in alphabetical order). 1. Amazon Amazon (NASDAQ: AMZN) probably isn't the first stock that comes to mind when you think about the metaverse. However, the company could nonetheless profit tremendously from it. The metaverse will almost certainly operate in the cloud -- and Amazon Web Services (AWS) ranks as the largest cloud-hosting provider in the world. Metaverse or not, AWS stands out as one of the top reasons to buy Amazon stock in 2023. The cloud-hosting unit continues to grow robustly. One analyst even thinks that AWS is on track to be worth $3 trillion down the road. Amazon as a whole is valued at around $870 billion right now. Amazon stock is currently down close to 50% below its previous high. This steep decline is largely the result of macroeconomic headwinds and the company's higher spending. The former issue should only be temporary, while Amazon is already taking steps to address the latter. If you're looking for a surefire winner in the next bull market, I think Amazon is a top contender. 2. Apple Apple (NASDAQ: AAPL) stands out as another company that isn't as closely identified with the metaverse as some other tech giants. However, that could soon change. Apple reportedly plans to launch a mixed-reality headset, potentially as soon as 2023. Analyst Ming-Chi Kuo, who closely follows the company, predicts that the new device will be "a game-changer for the headset industry." It could also signal a strong opening salvo for Apple's entrance into the metaverse race. However, Apple doesn't need the metaverse to be successful. The company's iPhone-centered ecosystem continues to generate several hundred billion dollars in sales each year. Augmented reality and 5G adoption should be key drivers of this revenue growth regardless of whether or not the metaverse achieves its potential. Apple also has other growth drivers. Advertising could become the company's next $10 billion business sooner than expected. Apple also has a major opportunity in the fintech market with Apple Pay. With the stock down close to 30%, buying Apple in the new year could pay off nicely when the inevitable market rebound comes. 3. Meta Platforms No company has tied its fortunes to the metaverse in a more high-profile way than Meta Platforms (NASDAQ: META). Once known as Facebook, Meta arguably has the grandest vision of what the metaverse could become. It's investing billions of dollars in building hardware and software to make the metaverse dream a reality. But while the metaverse could be Meta's future, its social media empire pays the bills for now. Many investors are concerned that Facebook and Instagram are losing their appeal. However, Meta still raked in $27.7 billion in revenue in the third quarter of 2022 with $4.4 billion in profits. The number of daily active users on its social platforms increased both year over year and sequentially to 2.93 billion. NYU professor Aswath Damodaran believes that there's pretty much all upside for Meta based on its valuation. When one of the most influential valuation experts in the world says that, it deserves attention. I'm not sure if Meta stock will necessarily be a big winner in 2023. Buying the stock in the new year, though, could pay off in a huge way over the long run. 4. Microsoft Microsoft (NASDAQ: MSFT) is already partnering with Meta to bring its Teams collaboration software into the metaverse. The company is already a major player in gaming with Xbox. And if its pending acquisition of Activision Blizzard isn't blocked by regulators, Microsoft could become an even bigger force in the metaverse. Like several others on this list, though, Microsoft's fortunes don't hinge on the metaverse. The company is the 800-pound gorilla in multiple massive markets, including operating systems and office productivity software. Why buy Microsoft in 2023? For one thing, it's available at a discount with shares down nearly 30% year to date. Microsoft also has several avenues to jump-start its growth, including its Azure cloud-hosting unit and the move into digital advertising. 5. Nvidia I'd put Nvidia (NASDAQ: NVDA) near the top of the list of clear winners if the metaverse takes off as much as some think it will. The company's graphics processing units (GPUs) are the gold standard in running gaming apps. That advantage will likely carry over into the metaverse world. However, Nvidia's opportunities extend far beyond gaming. In the third quarter of 2022, nearly 65% of the company's total revenue of $5.93 billion came from its data center segment. Professional visualization (which includes Nvidia's Omniverse metaverse platform) and automotive and embedded systems businesses contributed a little over $500 million of the total as well. Sure, Nvidia has taken a beating this year. The stock is still down nearly 50% year to date even after rising quite a bit in recent months. But Nvidia plans to launch its new Grace CPU Superchip in 2023. Its data center and automotive units should continue to perform well in the new year. If the gaming market begins to recover in 2023, look for Nvidia stock to soar. 10 stocks we like better than Nvidia When our award-winning 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 December 1, 2022 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. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Keith Speights has positions in Amazon.com, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Activision Blizzard, Amazon.com, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Apple Apple (NASDAQ: AAPL) stands out as another company that isn't as closely identified with the metaverse as some other tech giants. The metaverse will almost certainly operate in the cloud -- and Amazon Web Services (AWS) ranks as the largest cloud-hosting provider in the world. Professional visualization (which includes Nvidia's Omniverse metaverse platform) and automotive and embedded systems businesses contributed a little over $500 million of the total as well.
Apple Apple (NASDAQ: AAPL) stands out as another company that isn't as closely identified with the metaverse as some other tech giants. See the 10 stocks *Stock Advisor returns as of December 1, 2022 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. The Motley Fool has positions in and recommends Activision Blizzard, Amazon.com, Apple, Meta Platforms, Microsoft, and Nvidia.
Apple Apple (NASDAQ: AAPL) stands out as another company that isn't as closely identified with the metaverse as some other tech giants. Meta Platforms No company has tied its fortunes to the metaverse in a more high-profile way than Meta Platforms (NASDAQ: META). See the 10 stocks *Stock Advisor returns as of December 1, 2022 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.
Apple Apple (NASDAQ: AAPL) stands out as another company that isn't as closely identified with the metaverse as some other tech giants. Meta Platforms No company has tied its fortunes to the metaverse in a more high-profile way than Meta Platforms (NASDAQ: META). Buying the stock in the new year, though, could pay off in a huge way over the long run.
17856.0
2022-12-28 00:00:00 UTC
Should John Hancock Multifactor Large Cap ETF (JHML) Be on Your Investing Radar?
AAPL
https://www.nasdaq.com/articles/should-john-hancock-multifactor-large-cap-etf-jhml-be-on-your-investing-radar-5
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If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the John Hancock Multifactor Large Cap ETF (JHML), a passively managed exchange traded fund launched on 09/28/2015. The fund is sponsored by John Hancock. It has amassed assets over $722.26 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Companies that find themselves in the large cap category typically have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. Costs Investors should also pay attention to an ETF's expense ratio. Lower cost products will produce better results than those with a higher cost, assuming all other metrics remain the same. Annual operating expenses for this ETF are 0.29%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 1.46%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 21.90% of the portfolio. Healthcare and Financials round out the top three. Looking at individual holdings, Microsoft Corp (MSFT) accounts for about 3.97% of total assets, followed by Apple Inc (AAPL) and Amazon.com Inc (AMZN). The top 10 holdings account for about 16.6% of total assets under management. Performance and Risk JHML seeks to match the performance of the John Hancock Dimensional Large Cap Index before fees and expenses. The John Hancock Dimensional Large Cap Index comprises of a subset of securities in the U.S. Universe issued by companies whose market capitalizations are larger than that of the 801st largest U.S. company. The ETF has lost about -16.22% so far this year and is down about -15.60% in the last one year (as of 12/28/2022). In the past 52-week period, it has traded between $45.43 and $59.70. The ETF has a beta of 1.01 and standard deviation of 25.27% for the trailing three-year period, making it a medium risk choice in the space. With about 780 holdings, it effectively diversifies company-specific risk. Alternatives John Hancock Multifactor Large Cap ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, JHML is a good option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $288.94 billion in assets, SPDR S&P 500 ETF has $361.22 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Bottom-Line An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 John Hancock Multifactor Large Cap ETF (JHML): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): 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.
Looking at individual holdings, Microsoft Corp (MSFT) accounts for about 3.97% of total assets, followed by Apple Inc (AAPL) and Amazon.com Inc (AMZN). Click to get this free report John Hancock Multifactor Large Cap ETF (JHML): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. It has amassed assets over $722.26 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.
Click to get this free report John Hancock Multifactor Large Cap ETF (JHML): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Microsoft Corp (MSFT) accounts for about 3.97% of total assets, followed by Apple Inc (AAPL) and Amazon.com Inc (AMZN). If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the John Hancock Multifactor Large Cap ETF (JHML), a passively managed exchange traded fund launched on 09/28/2015.
Click to get this free report John Hancock Multifactor Large Cap ETF (JHML): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Microsoft Corp (MSFT) accounts for about 3.97% of total assets, followed by Apple Inc (AAPL) and Amazon.com Inc (AMZN). Alternatives John Hancock Multifactor Large Cap ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors.
Looking at individual holdings, Microsoft Corp (MSFT) accounts for about 3.97% of total assets, followed by Apple Inc (AAPL) and Amazon.com Inc (AMZN). Click to get this free report John Hancock Multifactor Large Cap ETF (JHML): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the John Hancock Multifactor Large Cap ETF (JHML), a passively managed exchange traded fund launched on 09/28/2015.
17857.0
2022-12-28 00:00:00 UTC
Alphabet (GOOGL) to Strengthen YouTube With Search Engine
AAPL
https://www.nasdaq.com/articles/alphabet-googl-to-strengthen-youtube-with-search-engine
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Alphabet’s GOOGL division Google is consistently adding features to its online video-streaming service, YouTube. Google is gearing up to equip YouTube with a search engine capability. This serves as a testament to the abovementioned fact. With the help of the search engine, YouTube users will be able to find a specific content in YouTube videos. Currently, Google is testing the new feature in the Unites States and India. On the back of this capability, Google aims to provide an enhanced experience to users. This is expected to increase the adoption rate of YouTube in the days ahead. This is expected to aid the performance of the Google Services segment, which contributes the most to Alphabet’s top line. Revenues from the Google services business increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total third-quarter revenues. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing YouTube Initiatives Apart from the recent move, Alphabet is gearing up for bringing a redesigned YouTube video screen to aid users with an improved video-streaming experience. Alphabet announced two updates on its YouTube Partner Program to allow users to easily join YouTube and make money from the platform, mainly from YouTube Shorts. Alphabet also introduced a Creator Music catalog for adding tracks to videos. GOOGL introduced handles for YouTube channels to support creators in establishing their distinct presence and brand on YouTube. With consistent efforts, Alphabet remains well-poised to rapidly penetrate the booming global video-streaming market. Per a Precedence Research report, the underlined market is expected to reach $1.7 trillion by 2030, seeing a CAGR of 18.5% between 2022 and 2030. Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Amazon AMZN, Apple AAPL and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. Amazon, which has lost 29.1% in the year-to-date period, is gaining traction among customers on the back of its video on-demand service, Prime Video. On AMZN’s video platform, viewers can watch movies, TV series and exclusive Amazon Originals. Apple is witnessing solid momentum across its video-streaming platform, Apple TV. Apple’s growing original and regional content portfolio is helping it expand its user base. AAPL’s growing interest in sports streaming remains a major positive. Shares of Apple have moved down 37.6% in the year-to-date period. Netflix is benefiting from its diversified content portfolio, attributable to heavy investments in the production and distribution of localized and foreign-language content. Netflix has moved 53.5% south on the year-to-date basis. We believe that Apple, Amazon and Netflix’s growing initiatives in this potential market will be a threat to Alphabet’s market position. Shares of GOOGL have moved down 40.4% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 37.6%. Currently, Alphabet carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Alphabet Inc. (GOOGL) : 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.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Amazon AMZN, Apple AAPL and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. AAPL’s growing interest in sports streaming remains a major positive. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Amazon AMZN, Apple AAPL and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. AAPL’s growing interest in sports streaming remains a major positive.
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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Amazon AMZN, Apple AAPL and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. AAPL’s growing interest in sports streaming remains a major positive.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Amazon AMZN, Apple AAPL and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. AAPL’s growing interest in sports streaming remains a major positive. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
17858.0
2022-12-28 00:00:00 UTC
Crypto Crash: Shiba Inu Is Down 76% in 2022, but Will It Bounce Back in 2023?
AAPL
https://www.nasdaq.com/articles/crypto-crash%3A-shiba-inu-is-down-76-in-2022-but-will-it-bounce-back-in-2023
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Shiba Inu (CRYPTO: SHIB) is a quintessential meme cryptocurrency -- it earned that reputation not for its utility as a currency, but for the speculation that drove it to a historic 43,800,000% return during 2021. Investors with perfect timing would have become millionaires for the cost of a cup of coffee. But what followed in 2022 was the polar opposite, with the token nursing a year-to-date decline of 76%. This story isn't entirely unique to Shiba Inu, though, because the entire cryptocurrency industry is in a deep freeze right now, with its total value of $810 billion far below its all-time high of $2.9 trillion set last year. Nonetheless, Shiba Inu does face many of its own challenges. With that said, where might its price head in 2023? Shiba Inu's positive catalysts continue to fizzle The main reason Shiba Inu hasn't been able to shake its reputation as a speculative vehicle is because its real-world use cases are so limited. But to the community's credit, there is constant work going on behind the scenes to change that, and some of it is quite innovative (though it doesn't guarantee any benefit). In the last couple of weeks, Shiba Inu investors were excited for the potential release of Shibarium, its highly anticipated Layer-2 blockchain solution. Shiba Inu is built on the legacy Ethereum blockchain, which is clunky and makes transacting relatively expensive, so Shibarium is designed to reduce friction and better position Shiba Inu for new opportunities as a payment mechanism, for example. Unfortunately, and despite some hints that this release was imminent, it hasn't happened yet. In another example, the Shiba Eternity digital card game was launched back in October, and it was an immediate hit. But enthusiasm has seemingly evaporated, and it has tumbled down the gaming category rankings in places like the Apple App Store. Shiba Eternity was designed to eventually run on a blockchain to include real non-fungible tokens (NFTs) and Shiba Inu tokens fused with the gameplay. So far, those capabilities haven't materialized. But even if an initiative like Shibarium comes to fruition, it's unlikely to lead to mass adoption among consumers, which is what the Shiba Inu token needs to sustain long-term gains. A mere 659 businesses worldwide accept the token as payment for goods and services, and that just isn't enough to move the needle. Shiba Inu could be hurt by wider crypto sentiment Sentiment is overwhelmingly negative right now. Prosecutors in the U.S. just started laying charges on some of the leadership team at cryptocurrency exchange FTX, which collapsed in November and owes its 1 million creditors (mostly customers) an estimated $3 billion. Unfortunately, investors are learning the hard way that when things go wrong in the cryptocurrency world, there often isn't any insurance or recourse that can help them recover their losses. FTX is just the latest in a string of catastrophes for the industry in 2022 -- it follows the de-pegging of the TerraUSD stablecoin, which wiped out an estimated $60 billion in value, and the collapse of Three Arrows Capital, a hedge fund that went under with $3.5 billion in unpaid debt. With investors' confidence in crypto sinking, it stands to reason that tokens like Shiba Inu will remain among the hardest hit because of their speculative nature. If investors don't feel Shiba Inu is destined to move higher, then it probably won't. Image source: Getty Images. Here's where Shiba Inu might go in 2023 Shiba Inu suffers from one unique problem: an enormous supply of tokens. There are more than 589 trillion in circulation right now, which is why its price per token sits behind so many decimal places, trading at $0.000008 as of this writing. The community is trying to "burn" some of that supply, which means to permanently remove tokens from circulation, because that would (theoretically) increase its price in proportion. This is done in a few ways including by sending tokens to a dead wallet, buying coffee from the Shiba Coffee Co., streaming a specific music playlist, and even participating in the community's upcoming metaverse project. But there's a problem. In the last 24 hours, just 10.9 million tokens have been burned. If that rate continues throughout 2023, just 4 billion will be removed from circulation by the end of the year. In other words, just 0.000007% of outstanding supply, which won't do anything for Shiba Inu's price. Combined with the fact that investors' sentiment toward the cryptocurrency industry is unlikely to improve much in the new year, the risk is to the downside for Shiba Inu tokens. 10 stocks we like better than Shiba Inu When our award-winning 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 Shiba Inu 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 1, 2022 Anthony Di Pizio has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple and Ethereum. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Shiba Inu (CRYPTO: SHIB) is a quintessential meme cryptocurrency -- it earned that reputation not for its utility as a currency, but for the speculation that drove it to a historic 43,800,000% return during 2021. Prosecutors in the U.S. just started laying charges on some of the leadership team at cryptocurrency exchange FTX, which collapsed in November and owes its 1 million creditors (mostly customers) an estimated $3 billion. With investors' confidence in crypto sinking, it stands to reason that tokens like Shiba Inu will remain among the hardest hit because of their speculative nature.
Shiba Eternity was designed to eventually run on a blockchain to include real non-fungible tokens (NFTs) and Shiba Inu tokens fused with the gameplay. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. See the 10 stocks *Stock Advisor returns as of December 1, 2022 Anthony Di Pizio has no position in any of the stocks mentioned.
Shiba Inu's positive catalysts continue to fizzle The main reason Shiba Inu hasn't been able to shake its reputation as a speculative vehicle is because its real-world use cases are so limited. Shiba Eternity was designed to eventually run on a blockchain to include real non-fungible tokens (NFTs) and Shiba Inu tokens fused with the gameplay. Here's where Shiba Inu might go in 2023 Shiba Inu suffers from one unique problem: an enormous supply of tokens.
If investors don't feel Shiba Inu is destined to move higher, then it probably won't. Here's where Shiba Inu might go in 2023 Shiba Inu suffers from one unique problem: an enormous supply of tokens. The community is trying to "burn" some of that supply, which means to permanently remove tokens from circulation, because that would (theoretically) increase its price in proportion.
17859.0
2022-12-28 00:00:00 UTC
Should Franklin U.S. Large Cap Multifactor Index ETF (FLQL) Be on Your Investing Radar?
AAPL
https://www.nasdaq.com/articles/should-franklin-u.s.-large-cap-multifactor-index-etf-flql-be-on-your-investing-radar-1
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If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Franklin U.S. Large Cap Multifactor Index ETF (FLQL), a passively managed exchange traded fund launched on 04/26/2017. The fund is sponsored by Franklin Templeton Investments. It has amassed assets over $905.40 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Companies that find themselves in the large cap category typically have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Blend ETFs usually hold a mix of growth and value stocks as well as stocks that exhibit both value and growth characteristics. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.15%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 2.07%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure that minimizes single stock risk, investors should also look at the actual holdings inside the fund. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 28.10% of the portfolio. Healthcare and Consumer Discretionary round out the top three. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.55% of total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). The top 10 holdings account for about 23.75% of total assets under management. Performance and Risk FLQL seeks to match the performance of the LibertyQ US Large Cap Equity Index before fees and expenses. The LibertyQ US Large Cap Equity Index seeks to achieve a lower level of risk and higher risk-adjusted performance than the Russell 1000 Index over the long term by applying a multi-factor selection process, which is designed to select equity securities from the Russell 1000 Index that have favorable exposure to four investment style factors quality, value, momentum and low volatility. The ETF has lost about -14.39% so far this year and is down about -14.44% in the last one year (as of 12/28/2022). In the past 52-week period, it has traded between $36.61 and $47.20. The ETF has a beta of 0.91 and standard deviation of 23.56% for the trailing three-year period. With about 218 holdings, it effectively diversifies company-specific risk. Alternatives Franklin U.S. Large Cap Multifactor Index ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors. Because of this, FLQL is an outstanding option for investors seeking exposure to the Style Box - Large Cap Blend segment of the market. There are other additional ETFs in the space that investors could consider as well. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $288.94 billion in assets, SPDR S&P 500 ETF has $361.22 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Bottom-Line While an excellent vehicle for long term investors, passively managed ETFs are a popular choice among institutional and retail investors due to their low costs, transparency, flexibility, and tax efficiency. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): 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.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.55% of total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. It has amassed assets over $905.40 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.55% of total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Franklin U.S. Large Cap Multifactor Index ETF (FLQL), a passively managed exchange traded fund launched on 04/26/2017.
Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.55% of total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Alternatives Franklin U.S. Large Cap Multifactor Index ETF holds a Zacks ETF Rank of 2 (Buy), which is based on expected asset class return, expense ratio, and momentum, among other factors.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.55% of total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. If you're interested in broad exposure to the Large Cap Blend segment of the US equity market, look no further than the Franklin U.S. Large Cap Multifactor Index ETF (FLQL), a passively managed exchange traded fund launched on 04/26/2017.
17860.0
2022-12-28 00:00:00 UTC
Is Fidelity High Dividend ETF (FDVV) a Strong ETF Right Now?
AAPL
https://www.nasdaq.com/articles/is-fidelity-high-dividend-etf-fdvv-a-strong-etf-right-now-3
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The Fidelity High Dividend ETF (FDVV) made its debut on 09/12/2016, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market. What Are Smart Beta ETFs? The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Based on specific fundamental characteristics, or a combination of such, these indexes attempt to pick stocks that have a better chance of risk-return performance. Methodologies like equal-weighting, one of the simplest options out there, fundamental weighting, and volatility/momentum based weighting are all choices offered to investors in this space, but not all of them can deliver superior returns. Fund Sponsor & Index The fund is sponsored by Fidelity. It has amassed assets over $1.34 billion, making it one of the largest ETFs in the Style Box - All Cap Value. FDVV seeks to match the performance of the Fidelity Core Dividend Index before fees and expenses. The Fidelity High Dividend Index reflects the performance of stocks of large and mid-capitalization high-dividend-paying companies that are expected to continue to pay and grow their dividends. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. Annual operating expenses for FDVV are 0.29%, which makes it on par with most peer products in the space. It has a 12-month trailing dividend yield of 3.43%. Sector Exposure and Top Holdings ETFs offer diversified exposure and thus minimize single stock risk, but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. For FDVV, it has heaviest allocation in the Financials sector --about 20.90% of the portfolio --while Information Technology and Energy round out the top three. When you look at individual holdings, Apple Inc (AAPL) accounts for about 5.67% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). The top 10 holdings account for about 29.76% of total assets under management. Performance and Risk The ETF has lost about -4.77% and is down about -4.06% so far this year and in the past one year (as of 12/28/2022), respectively. FDVV has traded between $33.02 and $42.25 during this last 52-week period. FDVV has a beta of 1.01 and standard deviation of 24.90% for the trailing three-year period. With about 108 holdings, it effectively diversifies company-specific risk. Alternatives Fidelity High Dividend ETF is a reasonable option for investors seeking to outperform the Style Box - All Cap Value segment of the market. However, there are other ETFs in the space which investors could consider. Dimensional U.S. Targeted Value ETF (DFAT) tracks ---------------------------------------- and the iShares Core S&P U.S. Value ETF (IUSV) tracks S&P 900 Value Index. Dimensional U.S. Targeted Value ETF has $7.33 billion in assets, iShares Core S&P U.S. Value ETF has $12.67 billion. DFAT has an expense ratio of 0.29% and IUSV charges 0.04%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - All Cap Value. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Fidelity High Dividend ETF (FDVV): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Targeted Value ETF (DFAT): 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.
When you look at individual holdings, Apple Inc (AAPL) accounts for about 5.67% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Fidelity High Dividend ETF (FDVV): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. The Fidelity High Dividend ETF (FDVV) made its debut on 09/12/2016, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.
When you look at individual holdings, Apple Inc (AAPL) accounts for about 5.67% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Fidelity High Dividend ETF (FDVV): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Alternatives Fidelity High Dividend ETF is a reasonable option for investors seeking to outperform the Style Box - All Cap Value segment of the market.
Click to get this free report Fidelity High Dividend ETF (FDVV): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. When you look at individual holdings, Apple Inc (AAPL) accounts for about 5.67% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). The Fidelity High Dividend ETF (FDVV) made its debut on 09/12/2016, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.
When you look at individual holdings, Apple Inc (AAPL) accounts for about 5.67% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Fidelity High Dividend ETF (FDVV): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. The Fidelity High Dividend ETF (FDVV) made its debut on 09/12/2016, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - All Cap Value category of the market.
17861.0
2022-12-28 00:00:00 UTC
Netflix's (NFLX) Robust International Content Aids Prospects
AAPL
https://www.nasdaq.com/articles/netflixs-nflx-robust-international-content-aids-prospects
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Netflix NFLX is keeping no stone unturned to make its international shows a hit. The company is spending heavily on content that is helping it to win international subscribers as the U.S. streaming market becomes saturated. In third-quarter 2022, Netflix witnessed subscriber growth in international markets. The paid subscriber base for Europe, Middle East & Africa, Latin America, and the Asia Pacific increased 0.57 million, 0.31 million and 1.43 million, respectively. Netflix’s ever-expanding foreign language content portfolio has been a major growth driver, as the company continues to face stiff competition from the likes of Disney DIS, Apple AAPL and Comcast CMCSA in the streaming space. Netflix’s latest Japanese show, season 2 of Alice in Borderland, has become a hit, with 61.2 million hours viewed over its premiere weekend. The show debuts as the #1 on Netflix’s non-English TV show list for the Dec 19-25 week. Season 1 of Alice in Borderland trailed the latest season with 18.7 million hours viewed. Reborn Rich, with 17 million hours viewed, grabbed the #3 spot. Expanding footprint is expected to further boost prospects. The streaming giant recently announced a couple of Danish titles, including the thriller series, The Nurse, and the feature film, A Beautiful Life, scheduled to be launched in 2023. A couple of other Danish titles to be launched include Nicolas Winding Refn’s Copenhagen Cowboy and Ehrengard, a Danish feature film directed by Bille August. Apart from Danish language content, Netflix is expanding Korean content. Five Korean shows were launched this month, including Money Heist: Korea - Joint Economic Area Part 2 (Dec 9), Alchemy of Souls (Dec 10), Single’s Inferno Season 2 (Dec 13), The Interest of Love (Dec 21) and The Fabulous (Dec 23). It is also set to launch The Glory on Dec 30. Netflix, Inc. Revenue (TTM) Netflix, Inc. revenue-ttm | Netflix, Inc. Quote Netflix’s Strong Portfolio to Aid Growth Netflix expects to gain 4.5 million paid subscribers in fourth-quarter 2022. In third-quarter 2022, it gained 2.41 million paid subscribers globally, higher than its estimate of gaining one million users. At the end of the third quarter, this Zacks Rank #3 (Hold) company had 223.09 million paid subscribers globally. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. However, Netflix shares have declined 53.5% in the past year compared with the Zacks Consumer Discretionary sector’s fall of 52%. NFLX shares have also underperformed Apple, Comcast and Disney shares, which have declined 27.6%, 30.9% and 44.3%, respectively. Netflix is suffering from waning demand, as the subscriber base dwindles amid tough competition. Netflix’s latest ad-supported service also failed to excite its user base. The ad-supported plan, launched on Nov 3, accounted for only 9% of new Netflix sign-ups in the United States during November. Moreover, Netflix is expected to face competition in the ad-supported streaming market from the likes of Disney and Comcast. Disney followed in the footsteps of Netflix to offer its ad-supported tier starting Dec 8, 2022. The company’s streaming service Disney+, as of Oct 1, 2022, had 164.2 million paid subscribers compared with 118.1 million as of Oct 2, 2021. Comcast’s Peacock also offers a free-to-watch tier with ad support that has about 40,000 hours of content. Peacock is well poised to grow, owing to its vast library of IPs and new productions. Nevertheless, Netflix is expected to continue dominating the streaming space, courtesy of its diversified content portfolio, which is attributable to heavy investments in the production and distribution of localized, foreign-language content. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Comcast Corporation (CMCSA) : 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.
Netflix’s ever-expanding foreign language content portfolio has been a major growth driver, as the company continues to face stiff competition from the likes of Disney DIS, Apple AAPL and Comcast CMCSA in the streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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’s latest Japanese show, season 2 of Alice in Borderland, has become a hit, with 61.2 million hours viewed over its premiere weekend.
Netflix’s ever-expanding foreign language content portfolio has been a major growth driver, as the company continues to face stiff competition from the likes of Disney DIS, Apple AAPL and Comcast CMCSA in the streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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, Inc. Revenue (TTM) Netflix, Inc. revenue-ttm | Netflix, Inc. Quote Netflix’s Strong Portfolio to Aid Growth Netflix expects to gain 4.5 million paid subscribers in fourth-quarter 2022.
Netflix’s ever-expanding foreign language content portfolio has been a major growth driver, as the company continues to face stiff competition from the likes of Disney DIS, Apple AAPL and Comcast CMCSA in the streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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, Inc. Revenue (TTM) Netflix, Inc. revenue-ttm | Netflix, Inc. Quote Netflix’s Strong Portfolio to Aid Growth Netflix expects to gain 4.5 million paid subscribers in fourth-quarter 2022.
Netflix’s ever-expanding foreign language content portfolio has been a major growth driver, as the company continues to face stiff competition from the likes of Disney DIS, Apple AAPL and Comcast CMCSA in the streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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. Apart from Danish language content, Netflix is expanding Korean content.
17862.0
2022-12-28 00:00:00 UTC
Stock Market News for Dec 28, 2022
AAPL
https://www.nasdaq.com/articles/stock-market-news-for-dec-28-2022
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U.S. stocks ended mostly lower at the start of a holiday-shortened week on Tuesday as Treasury yield rose to build pressure on interest-sensitive megacap companies and investors assessed the economic outlook for 2023. The S&P 500 and Nasdaq ended in negative territory, while the Dow made moderate gains. How Did The Benchmarks Perform? The Dow Jones Industrial Average (DJI) rose 0.1% or 37.63 points to close at 33,241.56 points, after climbing as much as 33,387 points at its session high. The S&P 500 declined 0.4% or 15.57 points to finish at 3,829.25 points. Consumer discretionary and tech stocks were the worst performers. The Consumer Discretionary Select Sector SPDR (XLY) fell 1.6%, while the Technology Select Sector SPDR (XLK) declined 1%. The Energy Select Sector SPDR (XLE) climbed 1.1%. Six of the 11 sectors of the benchmark index ended in negative territory. The tech-heavy Nasdaq slid 1.4% or 144.64 points to finish at 10,353.23 points. The fear-gauge CBOE Volatility Index (VIX) was up 3.74% to 21.65. Decliners outnumbered advancers on the NYSE by a 1.18-to-1 ratio. On Nasdaq, a 1.93-to-1 ratio favored declining issues. A total of 8.35 billion shares were traded on Tuesday, lower than the last 20-session average of 11.35 billion. Recession Worries Grip Markets Stocks closed higher on Friday, making the beginning of the Santa Claus rally period. The Santa Claus rally period comprises the final five trading days of the year and the first two days of the new year. Stocks generally make huge gains during this period and a halt in the rally is seen as a negative indicator. The rally, which was expected to continue on Tuesday, failed to gather steam as concerns over slowing economic growth have been making investors skeptical. Earlier this month the Fed said that it would continue raising interest rates in 2023 so long it doesn’t get complete control over soaring inflation. Rising interest rates have been worrying investors as they believe this might push the economy into recession. The worries somewhat eased last week after personal consumption index (PCE) data, the Fed’s preferred measure of inflation, reflected a meager increase of 0.1%, lower than the consensus estimate. However, even then inflation is at multi-year highs, which has been dampening investors’ spirits. Investors Relived after China Eases Restriction Investors were somewhat relieved following reports that China has started loosening its COVID-19 restrictions and it will scale back quarantine requirements for incoming travelers from January. However, they will still be required to produce a negative COVID test within 48 hours. Investors were worried that China’s fresh COVID restrictions following a massive outbreak could once again raise supply-chain issues and slow down the global economy. The news came as a blessing in disguise, easing some of the growing concerns. Shares of Tesla, Inc. TSLA took a hit following reports that the electric carmaker plans to scale back production at its Shanghai plant. Shares of Tesla tumbled 11.4% on Tuesday, with the stock on pace to record its worst year ever. Also, concerns over rising interest rates have been impacting high-growth stocks, with bond yields pushing higher once again. The 10-year Treasury yield jumped almost 11 basis points to 3.85%. The 2-year Treasury yield rose to 4.408%. shares of Apple Inc. AAPL declined 1.4%, while Netflix, Inc. NFLX fell 3.7%. Netflix has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Economic Data In economic data released on Tuesday, the Case-Shiller 20-city house price index dropped 0.5% in October, recording its fourth straight monthly decline. On a year-over-year basis, home prices increased 8.6% in October, slower than the prior month’s jump of 10.4%. The Commerce Department said on Tuesday that the U.S. trade deficit in goods narrowed to $83.3 billion, or 15.6%, in November. The trade deficit had widened to $98.8 billion in October from $92.6 billion in the month earlier. Home prices were steady in October, down from a 0.1% rise the previous month, according to a separate survey from the Federal Housing Finance Agency. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : 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.
shares of Apple Inc. AAPL declined 1.4%, while Netflix, Inc. NFLX fell 3.7%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report To read this article on Zacks.com click here. U.S. stocks ended mostly lower at the start of a holiday-shortened week on Tuesday as Treasury yield rose to build pressure on interest-sensitive megacap companies and investors assessed the economic outlook for 2023.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report To read this article on Zacks.com click here. shares of Apple Inc. AAPL declined 1.4%, while Netflix, Inc. NFLX fell 3.7%. The Consumer Discretionary Select Sector SPDR (XLY) fell 1.6%, while the Technology Select Sector SPDR (XLK) declined 1%.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report To read this article on Zacks.com click here. shares of Apple Inc. AAPL declined 1.4%, while Netflix, Inc. NFLX fell 3.7%. U.S. stocks ended mostly lower at the start of a holiday-shortened week on Tuesday as Treasury yield rose to build pressure on interest-sensitive megacap companies and investors assessed the economic outlook for 2023.
shares of Apple Inc. AAPL declined 1.4%, while Netflix, Inc. NFLX fell 3.7%. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report To read this article on Zacks.com click here. Six of the 11 sectors of the benchmark index ended in negative territory.
17863.0
2022-12-28 00:00:00 UTC
Netflix's (NFLX) Glass Onion Hits the Right Chord With Viewers
AAPL
https://www.nasdaq.com/articles/netflixs-nflx-glass-onion-hits-the-right-chord-with-viewers
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Netflix NFLX recently revealed that Glass Onion: A Knives Out Mystery has grabbed the top spot in the list of films (English) for the week Dec 19-25 with 82.1 million hours viewed. Glass Onion is the sequel to the 2019 movie Knives Out that introduced Daniel Craig as the detective Benoit Blanc. The latest movie finds Blanc in Greece with the billionaire tech industrialist Miles Bron played by Edward Norton. Netflix secured the rights to two sequels to the Knives Out franchise for $450 million in 2021. The streaming giant has reportedly spent roughly $40 million to produce Glass Onion. The mystery movie had a limited theatrical run in late November at 693 theaters in the United States. Per Box Office mojo data, Glass Onion collected $13.3 million from theaters, thanks to the extended Thanksgiving weekend. Glass Onion has been watched by roughly 35 million households (82.1M view hours divided by 2.3 hours of runtime) from more than 93 countries within three days of its release on Netflix. Glass Onion’s initial strong viewership trend bodes well for Netflix’s prospects in the holiday season. Netflix, Inc. Price and Consensus Netflix, Inc. price-consensus-chart | Netflix, Inc. Quote Strong Content Benefits Netflix in Holiday Season Netflix’s latest Top-10 list reflects the benefit of a strong content portfolio that is driving viewership in the all-important holiday season. The Volcano: Rescue from Whakaari was the second most-watched English film with 25.1 million hours viewed. Guillermo del Toro’s Pinocchio took the third position with 19.7 million hours viewed. In the non-English film category, The Big 4 continued to maintain its dominance with 19.7 million hours viewed. A Not So Merry Christmas and Private Lesson were #2 and #3 for the Dec 19-25 week with 17.8 million and 9.9 million hours viewed, respectively. In the television (English) category, season one of Wednesday maintained its #1 position for the fifth consecutive week. Season 3 of Emily in Paris was the second most-watched show with 117.6M hours viewed. Season 1 of The Recruit was placed at the #3 spot with 95.6 million hours viewed. In the television (non-English) category, season 2 of Alice in Borderland grabbed the #1 spot with 61.2 million hours viewed. Season 1 of Alice in Borderland and Reborn Rich were the #2 and #3 shows with 18.7 million and 17 million hours viewed, respectively. Netflix’s Popularity Suffers From Stiff Competition Netflix has been suffering from strong competition from the likes of Disney DIS, Comcast CMCSA and Apple AAPL in the saturated streaming space. Netflix shares have declined 53.5% in the past year compared with the Zacks Consumer Discretionary sector’s fall of 52%. NFLX shares have also underperformed Apple, Comcast, and Disney shares, which have declined 27.6%, 30.9% and 44.3%, respectively. Moreover, Netflix’s ad-supported plans have failed to ignite user interest per the latest data from subscription analytics firm Antenna, cited by The Wall Street Journal. The ad-supported plan accounted for only 9% of new Netflix sign-ups in the United States during November. Netflix launched its ad-supported service on Nov 3 with the basic plan costing $6.99 a month in the country. Per Antenna, 57% of subscribers either re-joined Netflix or signed up for the first time while 43% downgraded from higher-priced plans. Moreover, by the end of November, 0.2% of subscribers in the United States were on Netflix’s ad-supported plan. Disney followed in the footsteps of Netflix to offer its ad-supported tier starting Dec 8, 2022. The company’s streaming service Disney+, as of Oct 1, 2022, had 164.2 million paid subscribers compared with 118.1 million as of Oct 2, 2021. Apple’s streaming service, Apple TV+, continues to gain recognition with its critically acclaimed and popular shows like Ted Lasso. Comcast’s Peacock also offers a free-to-watch tier with ad support that has about 40,000 hours of content. Peacock is well poised to grow, owing to its vast library of IPs and new productions. Nevertheless, Netflix’s strong content portfolio is expected to help it win new subscribers during the holiday season. At the end of the third quarter, Netflix had 223.09 million paid subscribers globally. This Zacks Rank #3 (Hold) company currently expects to gain 4.5 million paid subscribers in fourth-quarter 2022. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Comcast Corporation (CMCSA) : 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.
Netflix’s Popularity Suffers From Stiff Competition Netflix has been suffering from strong competition from the likes of Disney DIS, Comcast CMCSA and Apple AAPL in the saturated streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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 recently revealed that Glass Onion: A Knives Out Mystery has grabbed the top spot in the list of films (English) for the week Dec 19-25 with 82.1 million hours viewed.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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’s Popularity Suffers From Stiff Competition Netflix has been suffering from strong competition from the likes of Disney DIS, Comcast CMCSA and Apple AAPL in the saturated streaming space. Netflix NFLX recently revealed that Glass Onion: A Knives Out Mystery has grabbed the top spot in the list of films (English) for the week Dec 19-25 with 82.1 million hours viewed.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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’s Popularity Suffers From Stiff Competition Netflix has been suffering from strong competition from the likes of Disney DIS, Comcast CMCSA and Apple AAPL in the saturated streaming space. Netflix NFLX recently revealed that Glass Onion: A Knives Out Mystery has grabbed the top spot in the list of films (English) for the week Dec 19-25 with 82.1 million hours viewed.
Netflix’s Popularity Suffers From Stiff Competition Netflix has been suffering from strong competition from the likes of Disney DIS, Comcast CMCSA and Apple AAPL in the saturated streaming space. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : 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 recently revealed that Glass Onion: A Knives Out Mystery has grabbed the top spot in the list of films (English) for the week Dec 19-25 with 82.1 million hours viewed.
17864.0
2022-12-28 00:00:00 UTC
Alphabet's (GOOGL) Music Streaming Boosted With Latest Move
AAPL
https://www.nasdaq.com/articles/alphabets-googl-music-streaming-boosted-with-latest-move
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Alphabet’s GOOGL division Google is bolstering its presence in the music streaming market on the back of updated features on YouTube Music. Reportedly, the company has started testing a feature called ‘live scrolling lyrics’ with the new Casting UI. While casting YouTube Music from an Android phone to Chromecast Ultra, a new UI would appear, with live lyrics scrolling in the middle, and album artwork, song name and artist name placed on the right with left-aligned text. In the older UI, the description about the album artwork, song name and artist name is placed in the center. The live lyrics feature is likely to enhance users’ music streaming experience. This, in turn, is likely to drive user momentum across YouTube Music, which will get reflected in the performance of YouTube in the near term. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing Music Streaming Market The latest move bodes well for Alphabet’s growing music streaming efforts. In regard to the live lyrics feature, Google’s latest partnership with MusixMatch for static lyrics in order to increase its lyrics coverage remains noteworthy. Apart from the live lyrics feature, the company recently unveiled private listening stats for the last seven days. Also, it rolled out 2022 Recap features on YouTube Music, which show personalized stats, including top songs of each season and other details like top artists, tracks, music videos and playlists. The company made a wide roll-out of the multi-select feature on YouTube Music. Users get an overflow menu of Add to playlist, Play next, and Add to queue on a bottom toolbar, with the addition of the multi-select feature. The introduction of features and improvements in the search algorithms on YouTube Music remain noteworthy. The company rolled out the repeat feature in YouTube Music during casting sessions. The feature allows users to repeat whole albums, playlists and individual songs. With its growing endeavors, Google remains well-poised to rapidly penetrate the booming global music streaming market. The uninterrupted access to high-quality audio files without the need for downloading, which generally takes up time and phone memory, is a key catalyst. Per a report by Grand View Research, the global music streaming market is expected to see a CAGR of 14.7% between 2022 and 2030. We believe that Google’s growing momentum in such a market is likely to aid Alphabet in winning investors’ confidence in the near term. Notably, shares of Alphabet have lost 40.5% over a year. Intensifying Competition Alphabet, which currently carries a Zacks Rank #4 (Sell), is constantly facing stiff competition from companies like Apple AAPL, Amazon AMZN and Spotify SPOT, which are also leaving no stone unturned to bolster their presence in this booming market. You can see the complete list of today’s Zacks #1 Rank stocks here. Apple is continuously gaining steam in the underlined market with its expanding Apple Music subscriber base. It offers several songs, with world-class music experts and tastemakers curating thousands of playlists and daily selections. The introduction of Apple Music Sessions, exclusive live releases featuring some of the world’s most prolific artists and emerging artists, all in Spatial Audio, remains noteworthy. Amazon is enjoying solid momentum across its Amazon Music Unlimited, a premium music subscription service that allows Prime members to stream millions of songs. The growing global footprint of Amazon Music remains another major positive. The company’s move to integrate artist merchandise into the Amazon Music app remains a major positive. Its Wondery buyout remains noteworthy. Meanwhile, Spotify, which dominates the music streaming market, is benefiting from premium subscriber growth. Its solid focus on the personalization of playlists enhances the music experience for users. The company’s deep focus on expanding podcast content remains another major positive. Zacks Top 10 Stocks for 2023 In addition to the investment ideas discussed above, would you like to know about our 10 top picks for the entirety of 2023? From inception in 2012 through November, the Zacks Top 10 Stocks portfolio has tripled the market, gaining an impressive +884.5% versus the S&P 500’s +287.4%. Now our Director of Research is combing through 4,000 companies covered by the Zacks Rank to handpick the best 10 tickers to buy and hold. Don’t miss your chance to get in on these stocks when they’re released on January 3. Be First to New Top 10 Stocks >> 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 Spotify Technology (SPOT) : 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.
Intensifying Competition Alphabet, which currently carries a Zacks Rank #4 (Sell), is constantly facing stiff competition from companies like Apple AAPL, Amazon AMZN and Spotify SPOT, which are also leaving no stone unturned to bolster their presence in this booming market. 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 Spotify Technology (SPOT) : Free Stock Analysis Report To read this article on Zacks.com click here. While casting YouTube Music from an Android phone to Chromecast Ultra, a new UI would appear, with live lyrics scrolling in the middle, and album artwork, song name and artist name placed on the right with left-aligned text.
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 Spotify Technology (SPOT) : Free Stock Analysis Report To read this article on Zacks.com click here. Intensifying Competition Alphabet, which currently carries a Zacks Rank #4 (Sell), is constantly facing stiff competition from companies like Apple AAPL, Amazon AMZN and Spotify SPOT, which are also leaving no stone unturned to bolster their presence in this booming market. The live lyrics feature is likely to enhance users’ music streaming experience.
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 Spotify Technology (SPOT) : Free Stock Analysis Report To read this article on Zacks.com click here. Intensifying Competition Alphabet, which currently carries a Zacks Rank #4 (Sell), is constantly facing stiff competition from companies like Apple AAPL, Amazon AMZN and Spotify SPOT, which are also leaving no stone unturned to bolster their presence in this booming market. Alphabet’s GOOGL division Google is bolstering its presence in the music streaming market on the back of updated features on YouTube Music.
Intensifying Competition Alphabet, which currently carries a Zacks Rank #4 (Sell), is constantly facing stiff competition from companies like Apple AAPL, Amazon AMZN and Spotify SPOT, which are also leaving no stone unturned to bolster their presence in this booming market. 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 Spotify Technology (SPOT) : Free Stock Analysis Report To read this article on Zacks.com click here. The feature allows users to repeat whole albums, playlists and individual songs.
17865.0
2022-12-28 00:00:00 UTC
US STOCKS-Wall St rises on boost from growth stocks, China reopening
AAPL
https://www.nasdaq.com/articles/us-stocks-wall-st-rises-on-boost-from-growth-stocks-china-reopening
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By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China's moves to reopen its economy. Apple Inc AAPL.O and Microsoft Corp MSFT.O advanced over 0.6% each as U.S. 10-year Treasury yields US10YT=RR slipped to 3.83% from 3.86% on Tuesday . Among the major S&P 500 sectors, technology .SPLRCT and consumer discretionary .SPLRCD gained nearly 0.5% and 1% respectively, while healthcare shares .SPXHC also were a major boost to the benchmark index. Tesla Inc TSLA.O rose 5.3%, after hitting its lowest level in more than two years in the previous session over demand worries in China. Still, the stock is down 67% for the year. Energy stocks .SPNY bucked the trend as oil prices slipped on concerns about a surge in COVID-19 cases in top oil importer China. O/R Beijing began dismantling its strict COVID curbs this month in an abrupt policy U-turn and on Monday announced it would drop its quarantine rule for inbound travelers from next month. Markets initially cheered the move on hopes it would spur a rebound in COVID-hammered Chinese economy, but a jump in infections has fanned fresh worries. "What people are underestimating is the fact that the second largest economy in the world is now reopening and all that economic activity is going to benefit the U.S.," said Thomas Hayes, chairman at Great Hill Capital LLC in New York. "The speed at which they have reversed their stance has caught people off guard. People are skeptical because the last two years have been such a debacle in China." As markets enter the last leg of a grueling year for equities on fears of a recession from the fastest pace of rate hikes by the Federal Reserve since the early 1980s, focus has shifted to 2023 and the outlook for corporate earnings. The benchmark S&P 500 .SPX is down 19% year-to-date and set for its biggest annual loss since the financial crisis of 2008. The rout has been more severe for the tech-heavy Nasdaq Composite .IXIC, down 34% for the same period. Both indexes ended lower on Tuesday at the beginning of a holiday-shortened week as growth stocks bore the brunt of investor angst over how long the Fed would continue to raise interest rates to tame high prices. While recent data pointing to an easing of inflationary pressures has bolstered hopes of smaller rate hikes, a tight labor market and a resilient American economy have spurred worries that rates could stay higher for longer. Markets are now pricing in 69% odds of a 25-basis point rate hike at the U.S. central bank's February meeting and see rates peaking at 4.94% in the first half of next year. FEDWATCH. At 9:46 a.m. ET, the Dow Jones Industrial Average .DJI was up 84.40 points, or 0.25%, at 33,325.96, the S&P 500 .SPX was up 13.16 points, or 0.34%, at 3,842.41, and the Nasdaq Composite .IXIC was up 37.18 points, or 0.36%, at 10,390.41. Southwest Airlines Co LUV.N slipped 2.5% as the carrier came under fire from the U.S. government on Tuesday after it canceled thousands of flights. Advancing issues outnumbered decliners by a 1.72-to-1 ratio on the NYSE and 1.79-to-1 ratio on the Nasdaq. The S&P index recorded seven new 52-week highs and two new lows, while the Nasdaq recorded 26 new highs and 170 new lows. (Reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Sriraj Kalluvila) ((Amruta.Khandekar@thomsonreuters.com;)) 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.O and Microsoft Corp MSFT.O advanced over 0.6% each as U.S. 10-year Treasury yields US10YT=RR slipped to 3.83% from 3.86% on Tuesday . By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China's moves to reopen its economy. As markets enter the last leg of a grueling year for equities on fears of a recession from the fastest pace of rate hikes by the Federal Reserve since the early 1980s, focus has shifted to 2023 and the outlook for corporate earnings.
Apple Inc AAPL.O and Microsoft Corp MSFT.O advanced over 0.6% each as U.S. 10-year Treasury yields US10YT=RR slipped to 3.83% from 3.86% on Tuesday . By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China's moves to reopen its economy. The S&P index recorded seven new 52-week highs and two new lows, while the Nasdaq recorded 26 new highs and 170 new lows.
Apple Inc AAPL.O and Microsoft Corp MSFT.O advanced over 0.6% each as U.S. 10-year Treasury yields US10YT=RR slipped to 3.83% from 3.86% on Tuesday . By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China's moves to reopen its economy. While recent data pointing to an easing of inflationary pressures has bolstered hopes of smaller rate hikes, a tight labor market and a resilient American economy have spurred worries that rates could stay higher for longer.
Apple Inc AAPL.O and Microsoft Corp MSFT.O advanced over 0.6% each as U.S. 10-year Treasury yields US10YT=RR slipped to 3.83% from 3.86% on Tuesday . By Amruta Khandekar and Ankika Biswas Dec 28 (Reuters) - Wall Street's main indexes rose on Wednesday, boosted by a rebound in growth stocks as U.S. Treasury yields dipped, with sentiment bolstered by optimism around China's moves to reopen its economy. Still, the stock is down 67% for the year.
17866.0
2022-12-27 00:00:00 UTC
1 Growth Stock Down 39% to Buy Right Now
AAPL
https://www.nasdaq.com/articles/1-growth-stock-down-39-to-buy-right-now
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The management team at Cognex (NASDAQ: CGNX) believes the machine vision specialist can grow its revenue at a 15% annualized rate over the long term. Unfortunately, that's not the growth rate the company will hit this year or even in 2023, according to Wall Street. The analysts' consensus forecast is that revenue will be more or less flat at around $1 billion from 2021 to 2023. That said, no one buys a growth stock expecting it to deliver strictly linear growth, and buying when the market is fearful is often a good idea for long-term investors. Here's why I think that's the case for Cognex. Cognex's long-term growth opportunity Despite its near-term problems (more on those in a moment), Cognex still has enormous long-term growth potential. The company's machine vision technology has three key end markets: its traditional core automotive market, consumer electronics (Apple is a significant customer), and its fast-growing logistics business (mainly servicing e-commerce warehousing, where Amazon.com is believed to be a substantial customer). The automotive industry has long been an early adopter of automation technology, and Cognex's machine vision helps it eliminate production defects and track components in the production plant. It's a similar story in consumer electronics where, for example, machine vision helps Apple layer screens precisely on smartphones. In logistics, Cognex's machine vision and barcode-reading technology help ensure e-commerce fulfillment centers work optimally. Outside of these three key end markets, Cognex sells into the medical space, plus a myriad of other markets lumped together as "others." Management's estimates for its served markets and market shares are shown below. Incidentally, its estimated served market is up 55% from its last estimated figure of $4.2 billion in 2019. END MARKETS COGNEX'S SERVED MARKET COGNEX MARKET SHARE ESTIMATED LONG-TERM MARKET GROWTH Automotive $1.5 billion 15% 10% Electronics $1.35 billion 20% 15% Logistics $2 billion 15% 20% Medical $650 million >10% 10% Others $1 billion <20% 10% Total $6.5 billion 15% 13% Data source: Cognex presentations. What went wrong in 2022? The long-term growth picture looks good. And with solid and long-established positions with the leading car manufacturers (including in electric vehicle production), Apple in consumer electronics, and probably Amazon in logistics, Cognex has an opportunity to establish its technology with leading industry players. In addition, those relationships will help Cognex sell to lower-tier customers in the future. That said, the company is going through a challenging period right now. Investors started the year hoping that the global supply chain crisis would ease leading to upticks in automotive and consumer electronics production alongside ongoing strength in the logistics market in line with surging e-commerce growth. Unfortunately, almost everything that could go wrong did go wrong. First, Russia's invasion of Ukraine added a new source of trouble to the supply chain, and China's ongoing COVID-related lockdowns continued to impact that country's output negatively. (To fulfill customers' orders, Cognex paid significant premiums for components bought at spot rates from brokers.) Second, global automotive production was curtailed by the ongoing supply chain crisis. The consumer electronics industry suffered a slowdown in growth, and worst of all, the company's logistics market contracted severely as Amazon and others dialed back their capital expenditures in response to slowing consumer spending. Third, to cap it all, a fire at a primary contractor site in Indonesia damaged a significant amount of its component inventory -- the same inventory Cognex had fought hard to procure at high prices. When will Cognex get back to growth? The third-quarterearnings callmade it clear that the severe contraction in logistics orders will negatively impact Cognex's revenue in 2023. Moreover, Honeywell International (owner of a warehouse automation business) has already told investors to prepare for softness in warehouse automation spending next year. On the other hand, the slowdown in Cognex's end markets won't last forever. For example, the reduction in logistics spending is likely to be temporary as e-commerce spending trends remain in place. Moreover, consumer electronics companies are under constant pressure to innovate and introduce new products. Finally, the supply chain crisis (notably in the area of semiconductors) should ease for the automotive industry, and spending on new electric vehicle production lines should remain in place. As a result, there will be large pockets of investment in the auto industry, and Cognex stands well-positioned to benefit. Everything points to Cognex ending 2023 in better shape than it enters it. If you are prepared to tolerate some potentially bad news in the near term, now could be a great time to get exposure to its long-term growth story. 10 stocks we like better than Honeywell International When our award-winning 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 Honeywell International 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 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Lee Samaha has positions in Honeywell International. The Motley Fool has positions in and recommends Amazon.com, Apple, and Cognex. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Investors started the year hoping that the global supply chain crisis would ease leading to upticks in automotive and consumer electronics production alongside ongoing strength in the logistics market in line with surging e-commerce growth. First, Russia's invasion of Ukraine added a new source of trouble to the supply chain, and China's ongoing COVID-related lockdowns continued to impact that country's output negatively. Finally, the supply chain crisis (notably in the area of semiconductors) should ease for the automotive industry, and spending on new electric vehicle production lines should remain in place.
The company's machine vision technology has three key end markets: its traditional core automotive market, consumer electronics (Apple is a significant customer), and its fast-growing logistics business (mainly servicing e-commerce warehousing, where Amazon.com is believed to be a substantial customer). Automotive $1.5 billion 15% 10% Electronics $1.35 billion 20% 15% Logistics $2 billion 15% 20% Medical $650 million >10% 10% Others $1 billion <20% 10% Total $6.5 billion 15% 13% Data source: Cognex presentations. Investors started the year hoping that the global supply chain crisis would ease leading to upticks in automotive and consumer electronics production alongside ongoing strength in the logistics market in line with surging e-commerce growth.
Cognex's long-term growth opportunity Despite its near-term problems (more on those in a moment), Cognex still has enormous long-term growth potential. The company's machine vision technology has three key end markets: its traditional core automotive market, consumer electronics (Apple is a significant customer), and its fast-growing logistics business (mainly servicing e-commerce warehousing, where Amazon.com is believed to be a substantial customer). Investors started the year hoping that the global supply chain crisis would ease leading to upticks in automotive and consumer electronics production alongside ongoing strength in the logistics market in line with surging e-commerce growth.
The company's machine vision technology has three key end markets: its traditional core automotive market, consumer electronics (Apple is a significant customer), and its fast-growing logistics business (mainly servicing e-commerce warehousing, where Amazon.com is believed to be a substantial customer). The automotive industry has long been an early adopter of automation technology, and Cognex's machine vision helps it eliminate production defects and track components in the production plant. Investors started the year hoping that the global supply chain crisis would ease leading to upticks in automotive and consumer electronics production alongside ongoing strength in the logistics market in line with surging e-commerce growth.
17867.0
2022-12-27 00:00:00 UTC
Apple Supplier TSMC To Start Production Of 3nm Chips Soon: Reports
AAPL
https://www.nasdaq.com/articles/apple-supplier-tsmc-to-start-production-of-3nm-chips-soon%3A-reports
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(RTTNews) - Tech giant Apple Inc.'s (AAPL) main chip supplier Taiwan Semiconductor Manufacturing Company (TSM) will reportedly start mass production of its 3-nanometer chip in the coming days. According to Digitimes, TSMC is scheduled to hold a ceremony at Fab 18 at the Southern Taiwan Science Park on December 29 to mark the start of commercial production of chips using 3nm process technology. Apple will be the first to reap the benefits of the next-gen tech. Previous reports had suggested that Apple was on track to upgrade its next-generation devices in 2023 with an M2 Pro chip. Current reports say that Apple is planning to implement its M2 Pro chip based on TSMC's 3nm node in its upcoming MacBook 14 and 16, Mac Studio and Mac mini. Moving forward, the iPhone maker's A17 Bionic and the M3 chip will also be based on an enhanced 3nm production process from TSMC. The 3 nm process is the next die shrink after the 5 nanometer MOSFET (metal-oxide-semiconductor field-effect transistor) technology node. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Tech giant Apple Inc.'s (AAPL) main chip supplier Taiwan Semiconductor Manufacturing Company (TSM) will reportedly start mass production of its 3-nanometer chip in the coming days. According to Digitimes, TSMC is scheduled to hold a ceremony at Fab 18 at the Southern Taiwan Science Park on December 29 to mark the start of commercial production of chips using 3nm process technology. Moving forward, the iPhone maker's A17 Bionic and the M3 chip will also be based on an enhanced 3nm production process from TSMC.
(RTTNews) - Tech giant Apple Inc.'s (AAPL) main chip supplier Taiwan Semiconductor Manufacturing Company (TSM) will reportedly start mass production of its 3-nanometer chip in the coming days. According to Digitimes, TSMC is scheduled to hold a ceremony at Fab 18 at the Southern Taiwan Science Park on December 29 to mark the start of commercial production of chips using 3nm process technology. Current reports say that Apple is planning to implement its M2 Pro chip based on TSMC's 3nm node in its upcoming MacBook 14 and 16, Mac Studio and Mac mini.
(RTTNews) - Tech giant Apple Inc.'s (AAPL) main chip supplier Taiwan Semiconductor Manufacturing Company (TSM) will reportedly start mass production of its 3-nanometer chip in the coming days. According to Digitimes, TSMC is scheduled to hold a ceremony at Fab 18 at the Southern Taiwan Science Park on December 29 to mark the start of commercial production of chips using 3nm process technology. Current reports say that Apple is planning to implement its M2 Pro chip based on TSMC's 3nm node in its upcoming MacBook 14 and 16, Mac Studio and Mac mini.
(RTTNews) - Tech giant Apple Inc.'s (AAPL) main chip supplier Taiwan Semiconductor Manufacturing Company (TSM) will reportedly start mass production of its 3-nanometer chip in the coming days. According to Digitimes, TSMC is scheduled to hold a ceremony at Fab 18 at the Southern Taiwan Science Park on December 29 to mark the start of commercial production of chips using 3nm process technology. Apple will be the first to reap the benefits of the next-gen tech.
17868.0
2022-12-27 00:00:00 UTC
Best Stocks To Invest In 2023? 3 Dow 30 Stocks To Know
AAPL
https://www.nasdaq.com/articles/best-stocks-to-invest-in-2023-3-dow-30-stocks-to-know
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The Dow Jones Industrial Average (DJIA) is a stock market index. In brief, Dow Jones tracks the performance of 30 large publicly traded companies. It’s one of the oldest and most widely watched indices in the world. Additionally, its generally seen as a barometer for overall stock market performance. Investing in these stocks can be a great way to diversify your portfolio. As well as a way to capitalize on some of the largest and most stable companies in the world. Investing in dow 30 stocks offers many advantages such as a steady cash flow from dividends and protection against declines in the stock market, ensuring more stability than investing in other glamorous but riskier stocks. With so many benefits and historical evidence to support their reliability, dow 30 stocks deserve strong consideration when looking for long-term investments. If this has you keen on investing in Dow 30 stocks, here are three for your 2023 watchlist. Dow 30 Stocks To Watch Right Now Nike Inc. (NYSE: NKE) Apple Inc. (NASDAQ: AAPL) The Home Depot Inc. (NYSE: HD) Nike (NKE Stock) Starting off, Nike, Inc. (NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, and accessories. In recent news, last week Nike reported its second-quarter 2023 financial and operating results. NKE Recent Stock News In detail, the company posted Q2 2023 earnings of $ 0.85 per share and revenue for the quarter of $13.3 billion. For context, Wall Street’s consensus estimates for Q2 2023 were earnings of $0.65 per share and revenue estimates of $12.5 billion. In addition, Nike reported it saw a 17.2% increase in revenue versus the same period, the previous year. Moreover, John Donahoe, President, and CEO, of NIKE, Inc commented, “Our growth was broad-based and was driven by our expanding digital leadership and brand strength. These results give us confidence in delivering the year as our competitive advantages continue to fuel our momentum.“ NKE Stock Chart Over the last month of trading action, shares of NKE stock have rallied back 12.29%. Meanwhile, as of Tuesday’s early-afternoon trading session, NKE stock is trading higher on the day by 1.38% at $117.94 a share. Source: TD Ameritrade TOS [Read More] Best Semiconductor Stocks To Invest In Right Now? 3 To Know Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a technology company that designs and sells consumer electronics, computer software, and online services. The company’s hardware products include the iPhone smartphone, the iPad tablet computer, the Mac personal computer, the Apple Watch smartwatch, and others. AAPL Recent Stock News Earlier this month, Apple announced the introduction of its Apple Music® Sing. In detail, Apple has introduced a new feature called Apple Music Sing, which allows users to sing along to their favorite songs with adjustable vocals and real-time lyrics. This feature offers multiple lyric views to help users sing the lead, perform duets, and sing backup. It is integrated within Apple Music’s lyrics experience and will be available to Apple Music subscribers worldwide on iPhone, iPad, and the new Apple TV 4K later this month. The feature is designed to make it easy and fun for anyone to participate, regardless of where they are. AAPL Stock Chart Over the last month of trading, shares of Apple stock have fallen another 9.85%. This comes as shares of AAPL stock are down 28.57% year-to-date. While on Tuesday Apple stock is trading down on the day by 1.38% at $130.04 a share. Source: TD Ameritrade TOS [Read More] 3 Natural Gas Stocks To Watch In The Stock Market This Week Home Depot (HD Stock) Last but not least, The Home Depot, Inc. (HD) is a home improvement retailer that operates stores in the United States, Canada, and Mexico. The company offers a wide range of products for repair, remodeling, and maintenance of the home, including building materials, appliances, lawn and garden tools, and home décor. HD Recent Stock News Last month, Home Depot announced better-than-expected third-quarter 2022 financial results. Diving in, the company posted Q3 2022 earnings of $4.24 per share and revenue of $38.9 billion for the quarter. This is versus analysts’ consensus estimates for the third quarter which were earnings of $4.11 per share and revenue estimates of $37.9 billion. What’s more, Home Depot also reaffirmed its guidance for its fiscal year 2022 forecast. HD Stock Chart Over the last six months, shares of HD stock have recovered 13.09%, though HD stock is still down 21.77% year-to-date. As of Tuesday afternoon, Home Depot stock is trading slightly higher on the day by 0.26% at $319.69 a share. Source: TD Ameritrade TOS 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.
Dow 30 Stocks To Watch Right Now Nike Inc. (NYSE: NKE) Apple Inc. (NASDAQ: AAPL) The Home Depot Inc. (NYSE: HD) Nike (NKE Stock) Starting off, Nike, Inc. (NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, and accessories. 3 To Know Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a technology company that designs and sells consumer electronics, computer software, and online services. AAPL Recent Stock News Earlier this month, Apple announced the introduction of its Apple Music® Sing.
Dow 30 Stocks To Watch Right Now Nike Inc. (NYSE: NKE) Apple Inc. (NASDAQ: AAPL) The Home Depot Inc. (NYSE: HD) Nike (NKE Stock) Starting off, Nike, Inc. (NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, and accessories. 3 To Know Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a technology company that designs and sells consumer electronics, computer software, and online services. AAPL Recent Stock News Earlier this month, Apple announced the introduction of its Apple Music® Sing.
Dow 30 Stocks To Watch Right Now Nike Inc. (NYSE: NKE) Apple Inc. (NASDAQ: AAPL) The Home Depot Inc. (NYSE: HD) Nike (NKE Stock) Starting off, Nike, Inc. (NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, and accessories. 3 To Know Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a technology company that designs and sells consumer electronics, computer software, and online services. AAPL Recent Stock News Earlier this month, Apple announced the introduction of its Apple Music® Sing.
AAPL Recent Stock News Earlier this month, Apple announced the introduction of its Apple Music® Sing. Dow 30 Stocks To Watch Right Now Nike Inc. (NYSE: NKE) Apple Inc. (NASDAQ: AAPL) The Home Depot Inc. (NYSE: HD) Nike (NKE Stock) Starting off, Nike, Inc. (NKE) is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, and accessories. 3 To Know Apple (AAPL Stock) Next, Apple Inc. (AAPL) is a technology company that designs and sells consumer electronics, computer software, and online services.
17869.0
2022-12-27 00:00:00 UTC
IPhone Smartphone, Apple Watch Sending Out False Distress Signals
AAPL
https://www.nasdaq.com/articles/iphone-smartphone-apple-watch-sending-out-false-distress-signals
nan
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(RTTNews) - Tech giant Apple's iPhone 14 smartphone and Apple Watch are still sending false alarms from skiers because of the Crash Detection feature, which comes built into the iPhone 14, iPhone 14 Pro and new Apple Watch models, putting emergency resources on stress. Apple devices of skiers in the US state had sent automated crash warnings to dispatchers at the Summit County 911 Center, reports AppleInsider. None of them was involved in an emergency, but they took time to handle and required ski patrollers to go to the location of the automated call if the skier did not answer a call from dispatchers. "We are not in the practice of disregarding calls," said Trina Dummer, the interim director of the Summit County 911 Center. "These calls involve a tremendous amount of resources, from dispatchers to deputies to ski patrollers. And I don't think we've ever had an actual emergency event," Dummer added. Earlier this month, the Summit County dispatchers in the US state had seen an increase in accidental emergency calls from skiers because of the feature. Emergency dispatchers near ski resorts saw an influx of Crash Detection alerts in the earlier months. In October, we learned that roller coasters were capable of setting off the new iPhones and Apple Watch Crash Detection feature. Now, it seems like skiing can, too. Summit County, Utah, dispatchers are getting between three to five Apple crash alerts per day, according to Summit County Dispatch Center supervisor Suzie Butterfield. Most of the time, the skier doesn't even know that the alert went out. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Apple devices of skiers in the US state had sent automated crash warnings to dispatchers at the Summit County 911 Center, reports AppleInsider. Earlier this month, the Summit County dispatchers in the US state had seen an increase in accidental emergency calls from skiers because of the feature. In October, we learned that roller coasters were capable of setting off the new iPhones and Apple Watch Crash Detection feature.
Apple devices of skiers in the US state had sent automated crash warnings to dispatchers at the Summit County 911 Center, reports AppleInsider. In October, we learned that roller coasters were capable of setting off the new iPhones and Apple Watch Crash Detection feature. Summit County, Utah, dispatchers are getting between three to five Apple crash alerts per day, according to Summit County Dispatch Center supervisor Suzie Butterfield.
(RTTNews) - Tech giant Apple's iPhone 14 smartphone and Apple Watch are still sending false alarms from skiers because of the Crash Detection feature, which comes built into the iPhone 14, iPhone 14 Pro and new Apple Watch models, putting emergency resources on stress. None of them was involved in an emergency, but they took time to handle and required ski patrollers to go to the location of the automated call if the skier did not answer a call from dispatchers. Summit County, Utah, dispatchers are getting between three to five Apple crash alerts per day, according to Summit County Dispatch Center supervisor Suzie Butterfield.
None of them was involved in an emergency, but they took time to handle and required ski patrollers to go to the location of the automated call if the skier did not answer a call from dispatchers. Earlier this month, the Summit County dispatchers in the US state had seen an increase in accidental emergency calls from skiers because of the feature. Summit County, Utah, dispatchers are getting between three to five Apple crash alerts per day, according to Summit County Dispatch Center supervisor Suzie Butterfield.
17870.0
2022-12-27 00:00:00 UTC
Apple (AAPL) Dips More Than Broader Markets: What You Should Know
AAPL
https://www.nasdaq.com/articles/apple-aapl-dips-more-than-broader-markets%3A-what-you-should-know-6
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Apple (AAPL) closed the most recent trading day at $130.03, moving -1.39% from the previous trading session. This change lagged the S&P 500's daily loss of 0.41%. At the same time, the Dow added 0.11%, and the tech-heavy Nasdaq lost 6.67%. Heading into today, shares of the maker of iPhones, iPads and other products had lost 8.57% over the past month, lagging the Computer and Technology sector's loss of 6.38% and the S&P 500's loss of 4.4% in that time. Wall Street will be looking for positivity from Apple as it approaches its next earnings report date. On that day, Apple is projected to report earnings of $1.93 per share, which would represent a year-over-year decline of 8.1%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $120.8 billion, down 2.54% from the year-ago period. Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of $6.18 per share and revenue of $403.83 billion. These totals would mark changes of +1.15% and +2.41%, respectively, from last year. It is also important to note the recent changes to analyst estimates for Apple. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.18% lower within the past month. Apple is currently sporting a Zacks Rank of #3 (Hold). In terms of valuation, Apple is currently trading at a Forward P/E ratio of 21.32. For comparison, its industry has an average Forward P/E of 8, which means Apple is trading at a premium to the group. Meanwhile, AAPL's PEG ratio is currently 1.71. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Computer - Mini computers stocks are, on average, holding a PEG ratio of 2.32 based on yesterday's closing prices. The Computer - Mini computers industry is part of the Computer and Technology sector. This industry currently has a Zacks Industry Rank of 186, which puts it in the bottom 27% of all 250+ industries. The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1. You can find more information on all of these metrics, and much more, on Zacks.com. 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 +24.8% 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 Apple Inc. (AAPL) : 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.
Apple (AAPL) closed the most recent trading day at $130.03, moving -1.39% from the previous trading session. Meanwhile, AAPL's PEG ratio is currently 1.71. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Apple (AAPL) closed the most recent trading day at $130.03, moving -1.39% from the previous trading session. Meanwhile, AAPL's PEG ratio is currently 1.71. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Apple (AAPL) closed the most recent trading day at $130.03, moving -1.39% from the previous trading session. Meanwhile, AAPL's PEG ratio is currently 1.71. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Apple (AAPL) closed the most recent trading day at $130.03, moving -1.39% from the previous trading session. Meanwhile, AAPL's PEG ratio is currently 1.71. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here.
17871.0
2022-12-27 00:00:00 UTC
Why Apple Investors Suffered a Tough Time on Tuesday
AAPL
https://www.nasdaq.com/articles/why-apple-investors-suffered-a-tough-time-on-tuesday
nan
nan
What happened Apple (NASDAQ: AAPL) stock wasn't particularly shiny or tasty on Tuesday. The tech giant's shares fell by 1.4%, a steeper drop than that experienced by the flat-lining S&P 500 index. One catalyst was a new analyst report, which although generally positive, highlighted some challenges currently faced by the iDevice maker. So what That morning, Samik Chatterjee of JPMorgan Chase wrote in a fresh note that the supply woes affecting the production and distribution of Apple's latest iPhone model were easing. Citing his company's Apple product availability tracker analytics tool, Chatterjee said that the supply of the many necessary components for the iPhone 14 was being effected faster. As a consequence, he wrote, "In the US, lead times for the iPhone 14 and iPhone 14 Plus ticked up to 5 days each (vs. 1 day prior), which is in-line with timing for iPhone 13 and 13 mini last year, while Pro and Pro Max lead times tracked at 27 days (vs. 25 days prior)." This stretch has also improved in both the massive Chinese market. In key European markets like the U.K. and Germany, it has been stable. "Lead time" refers to the period between a customer ordering a phone and he or she receiving it. Now what While on the surface this is an encouraging analysis for Apple investors, it also illustrates an uncomfortable reality -- for all its size and power, the tech giant is not immune to the supply chain difficulties the world has had to cope with in recent months. Until it gets past these completely, it will struggle to post the robust growth numbers its investors have come to expect. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company. Eric Volkman has positions in Apple. The Motley Fool has positions in and recommends Apple and JPMorgan Chase. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
What happened Apple (NASDAQ: AAPL) stock wasn't particularly shiny or tasty on Tuesday. So what That morning, Samik Chatterjee of JPMorgan Chase wrote in a fresh note that the supply woes affecting the production and distribution of Apple's latest iPhone model were easing. Citing his company's Apple product availability tracker analytics tool, Chatterjee said that the supply of the many necessary components for the iPhone 14 was being effected faster.
What happened Apple (NASDAQ: AAPL) stock wasn't particularly shiny or tasty on Tuesday. As a consequence, he wrote, "In the US, lead times for the iPhone 14 and iPhone 14 Plus ticked up to 5 days each (vs. 1 day prior), which is in-line with timing for iPhone 13 and 13 mini last year, while Pro and Pro Max lead times tracked at 27 days (vs. 25 days prior)." The Motley Fool has positions in and recommends Apple and JPMorgan Chase.
What happened Apple (NASDAQ: AAPL) stock wasn't particularly shiny or tasty on Tuesday. As a consequence, he wrote, "In the US, lead times for the iPhone 14 and iPhone 14 Plus ticked up to 5 days each (vs. 1 day prior), which is in-line with timing for iPhone 13 and 13 mini last year, while Pro and Pro Max lead times tracked at 27 days (vs. 25 days prior)." See the 10 stocks *Stock Advisor returns as of December 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.
What happened Apple (NASDAQ: AAPL) stock wasn't particularly shiny or tasty on Tuesday. * They just revealed what they believe are the ten best stocks for investors to buy right now... and Apple wasn't one of them! See the 10 stocks *Stock Advisor returns as of December 1, 2022 JPMorgan Chase is an advertising partner of The Ascent, a Motley Fool company.
17872.0
2022-12-27 00:00:00 UTC
Why Last Week's Selloff was a Christmas Gift to Investors
AAPL
https://www.nasdaq.com/articles/why-last-weeks-selloff-was-a-christmas-gift-to-investors
nan
nan
While the infamous Santa Clause rally was absent in 2022, last week’s selloff was ironically an early Christmas gift for long-term investors. Monetary tightening continues to concern investors causing stocks to drop throughout December. But in the eyes of some of the most famed investors, this may be a “sale” as investors can shop for quality stocks that begin to trade at a significant discount relative to their past. Image Source: Zacks Investment Research Warren Buffett’s mentor Benjamin Graham was a huge believer that investors shouldn’t panic during large downturns but instead look at bearish declines in the stock market as a sale similar to shopping for clothes, cars, or even a house. This contrarian thinking defies the fearful media headlines and is why Graham and his apprentice are widely considered the best investors of all time. 2008 Financial Crisis Revisiting the movement of stocks after the financial crisis in 2008 sparked by an economic collapse in the housing industry illustrates how this year’s large decline could continue being a long-term buying opportunity. We can see from the nearby chart that Benjamin Graham’s ideology of looking at large declines and volatility in the stock market as a sale or discount is still relevant. Despite the sharp drop on the 15-year chart during the financial crisis the S&P 500 is now up +166% and the Nasdaq +293% during this period. This also feeds into Warren Buffett’s iconic notion that when others are fearful be greedy, that appears to be especially true among tech stocks looking at the Nasdaq’s post-financial crisis rebound. Image Source: Zacks Investment Research Stocks on "Sale" Amazon AMZN: Historically, buying shares of Amazon has not been cheap, with the stock routinely trading over $2000 before its 20-for-1 split in June. Even better, AMZN’s current valuation appears to offer a historical discount outside of the stock price. Trading around $83 per share, AMZN trades at 123.8X forward earnings. Amazon stock is well below its extreme decade high of 8,055X and 6% below the median of 135.5X. This is intriguing with Wall Street historically being ok with paying a premium for Amazon stock, and AMZN is still up +583% over the last decade to easily top the S&P 500 and Nasdaq. Image Source: Zacks Investment Research After last week’s selloff Amazon shares are now 33% below their post-stock split price of around $124 a share. AMZN currently lands a Zacks Rank #3 (Hold). The average Zacks Price Target suggests 71% upside from current levels indicating the stock may indeed be on sale from a long-term perspective. Image Source: Zacks Investment Research Apple AAPL: Shares of Apple are also begging to look like they are on sale after recently hitting their 52-week lows. Trading around $130 a share AAPL trades at a 21.3X forward earnings multiple. Apple stock trades 45% below its decade high of 38.6X and closer to the median of 15.6X. Image Source: Zacks Investment Research This is significant as Apple is a stock investors have historically wanted to own. Over the last decade, AAPL is up +614% to crush the broader indexes. Apple stock currently lands a Zacks Rank #3 (Hold) with the average Zacks Price Target suggesting 35% upside. Image Source: Zacks Investment Research Bottom Line Apple (AAPL) and Amazon (AMZN) are just two examples of highly sought stocks that appear to be on “sale”. We all would have enjoyed a Santa Clause rally but with stocks like these now trading at a more significant discount relative to their past, last week’s selloff was an early Christmas gift. 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 Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : 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.
Image Source: Zacks Investment Research Bottom Line Apple (AAPL) and Amazon (AMZN) are just two examples of highly sought stocks that appear to be on “sale”. Image Source: Zacks Investment Research Apple AAPL: Shares of Apple are also begging to look like they are on sale after recently hitting their 52-week lows. Trading around $130 a share AAPL trades at a 21.3X forward earnings multiple.
Click to get this free report Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report To read this article on Zacks.com click here. Image Source: Zacks Investment Research Apple AAPL: Shares of Apple are also begging to look like they are on sale after recently hitting their 52-week lows. Trading around $130 a share AAPL trades at a 21.3X forward earnings multiple.
Image Source: Zacks Investment Research Bottom Line Apple (AAPL) and Amazon (AMZN) are just two examples of highly sought stocks that appear to be on “sale”. Image Source: Zacks Investment Research Apple AAPL: Shares of Apple are also begging to look like they are on sale after recently hitting their 52-week lows. Trading around $130 a share AAPL trades at a 21.3X forward earnings multiple.
Image Source: Zacks Investment Research Apple AAPL: Shares of Apple are also begging to look like they are on sale after recently hitting their 52-week lows. Trading around $130 a share AAPL trades at a 21.3X forward earnings multiple. Over the last decade, AAPL is up +614% to crush the broader indexes.
17873.0
2022-12-27 00:00:00 UTC
Dow Movers: DIS, CVX
AAPL
https://www.nasdaq.com/articles/dow-movers%3A-dis-cvx-0
nan
nan
In early trading on Tuesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. Year to date, Chevron registers a 52.0% gain. And the worst performing Dow component thus far on the day is Walt Disney, trading down 2.1%. Walt Disney is lower by about 44.4% looking at the year to date performance. Two other components making moves today are Apple, trading down 1.8%, and Caterpillar, trading up 0.5% on the day. VIDEO: Dow Movers: DIS, CVX 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 Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. And the worst performing Dow component thus far on the day is Walt Disney, trading down 2.1%. Walt Disney is lower by about 44.4% looking at the year to date performance.
In early trading on Tuesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. Year to date, Chevron registers a 52.0% gain. And the worst performing Dow component thus far on the day is Walt Disney, trading down 2.1%.
In early trading on Tuesday, shares of Chevron topped the list of the day's best performing Dow Jones Industrial Average components, trading up 0.6%. And the worst performing Dow component thus far on the day is Walt Disney, trading down 2.1%. Two other components making moves today are Apple, trading down 1.8%, and Caterpillar, trading up 0.5% on the day.
And the worst performing Dow component thus far on the day is Walt Disney, trading down 2.1%. Walt Disney is lower by about 44.4% looking at the year to date performance. VIDEO: Dow Movers: DIS, CVX The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
17874.0
2022-12-27 00:00:00 UTC
2022: Winners & Losers
AAPL
https://www.nasdaq.com/articles/2022%3A-winners-losers
nan
nan
2022 marked a year of drastic change in global markets. Previous winners became losers, and losers morphed into some of the year’s biggest winners. The conflict in Russia intensified inflation and furthered an already fragile supply chain causing rocketing commodity prices. After years of dovish Federal Reserve policy, inflation finally reared its ugly head – soaring to near double-digit heights domestically and in many areas worldwide. The year was a distinct change of pace from the recent Covid-19 pandemic recovery. While it was difficult for some investors and rewarding to others, looking back, and learning from the past is a worthwhile endeavor. Though history may not repeat itself exactly, it tends to rhyme. Below are some of the biggest winners and losers of 2022: Winners: Value Stocks: In 2022, the Fed removed the proverbial “punch bowl” by raising rates at an unprecedented pace. As the economy slowed and the post-pandemic euphoria subsided, investors exited growth stocks and other “risk-on” areas and gravitated toward value. As of this writing, the Dow is down on the year; however, it is the top performing indices in the U.S. While the Nasdaq and the S&P 500 threaten recent lows, the Dow is above its 200-day moving average. Image Source: Zacks Investment Research Pictured: Dow performance versus the Nasdaq. Consistency, profitability, and peace of mind were what investors were focused in on among an uncertain and frightening back-drop. Stocks like Coca-Cola KO were an oasis for investors looking for steady returns and a healthy dividend. Energy: Early in 2022, energy prices were trending higher as global economies recovered from the pandemic and demand rose drastically. Next, OPEC+ announced its largest oil production cut in history, stifling supply as demand grew. As the “perfect storm” began to form the final domino to fall over was the Russian invasion of Ukraine. Global superpowers such as the United States began to sanction Russia, cutting off one of the world’s largest oil suppliers. Natural Gas, Coal, and Solar Energy companies went on tremendous runs before pulling back in the past few months. The Energy Select Sector ETF XLE is up 56% this year, while the S&P 500 Index is down 13% year-to-date. Despite the massive gains earlier in the year, oil is again showing relative strength of late, as oil-related stocks like Haliburton HAL and Schlumberger SLB breakout amidst general market weakness. Defense: Since the beginning of the war in Ukraine, the U.S. has sent more than $50 billion in military aid to the Ukrainian government – with more on the way. Defense stocks such as Lockheed Martin LMT and Northrup Grumman NOC have benefitted the most and have registered healthy gains for investors in a tough market. Image Source: Zacks Investment Research Pictured: Defense names LMT and NOC have outperformed the S&P 500 amidst the war in Ukraine. With Russian President Putin and Ukrainian President Zelensky showing no signs of wanting to compromise or motivation to end the conflict, investors should be watching the space for 2023. Furthermore, both sides of the aisle in Washington seem firmly committed to spending more money to support Ukraine. Warren Buffett: The “Oracle of Ohama” had a signature year. While markets were volatile, and stocks with high valuations got crushed, Buffett outperformed. Rather than chasing the next shiny object, Buffett stuck his bread-and-butter strategy of investing in strong, reliable companies at reasonable valuations. Though Buffett’s largest position, Apple AAPL, fell in tandem with most tech-related stocks, he succeeded by taking a massive position in oil-related stock Occidental Petroleum (OXY). Meanwhile, Buffett’s Berkshire Hathaway BRKA is just 15% off its all-time highs. Losers: Growth Stocks: Higher interest rates, inflation, slower growth, and lofty valuations are a recipe for disaster for growth-related stocks. Former high-flyers like Shopify SHOP and Fastly FSLY saw selling for most of the year as investors opted for safer bets. After being the top performing area of the market post-pandemic, 2022 marked the end of the euphoria. Crypto: “It’s only when the tide goes out that you learn who’s been swimming naked.” A down economy and a risk-off environment exposed crypto in 2022. Not only was the crypto space already moving down, bankruptcy and fraud also led to it spiraling out of control. The bankruptcy of the crypto hedge fund Three Arrows Capital (3AC) started the snowballing effect, culminating in several crypto frauds being exposed. Next, Celsius, a crypto lender, became the focus of regulators, leading to bankruptcy and the infamous downfall of the Luna coin collapse. Lastly and most prominently is the collapse of one of the largest brokers – FTX. FTX is said to have mishandled (lost) more than $10 billion in client capital. CEO Sam Bankman-Fried is now in custody in the United States. Public companies such as crypto exchange Coinbase COIN and miner Marathon Digital (MARA) suffered from the fallout – dropping by more than 85%. Image Source: Zacks Investment Research Pictured: Public crypto firms have fallen in tandem with the industry as a whole. Meta Platforms META: Meta, formerly known as Facebook, was responsible for losses of more than half a trillion dollars in value in 2022. After the social media juggernaut eclipsed a mind-blowing value of $1 trillion early in the year, visionary CEO Mark Zuckerberg decided to steer the company’s focus to the metaverse and research and development. After a lackluster earnings report, Zuckerberg doubled down on the strategy, and investors punished the stock accordingly. While its not clear how Zuckerberg’s bet will play out in the long term, META was amongst the biggest losers in 2022. Image Source: Zacks Investment Research Pictured: Meta's steep 2022 losses. Cathie Wood: Cathie Wood, manager of the Ark Innovation ETF ARKK, came to prominence after being invested in some of the most high-octane growth stocks. As Covid-19 fears subsided, many stocks such as Teladoc (TDOC) and Zoom ZM saw their valuations jump years ahead of their growth trajectories as adoption rose due to the pandemic. However, in 2022, reality struck, and valuations of some of the active ETF’s biggest holdings, like Tesla TSLA, came back to earth. Image Source: Zacks Investment Research Pictured: One of Arkk's largest holdings TSLA is down big in 2022. 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 +24.8% 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 Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report CocaCola Company The (KO) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Shopify Inc. (SHOP) : Free Stock Analysis Report ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : 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.
Though Buffett’s largest position, Apple AAPL, fell in tandem with most tech-related stocks, he succeeded by taking a massive position in oil-related stock Occidental Petroleum (OXY). Click to get this free report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report CocaCola Company The (KO) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Shopify Inc. (SHOP) : Free Stock Analysis Report ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Despite the massive gains earlier in the year, oil is again showing relative strength of late, as oil-related stocks like Haliburton HAL and Schlumberger SLB breakout amidst general market weakness.
Click to get this free report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report CocaCola Company The (KO) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Shopify Inc. (SHOP) : Free Stock Analysis Report ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Though Buffett’s largest position, Apple AAPL, fell in tandem with most tech-related stocks, he succeeded by taking a massive position in oil-related stock Occidental Petroleum (OXY). Image Source: Zacks Investment Research Pictured: Defense names LMT and NOC have outperformed the S&P 500 amidst the war in Ukraine.
Click to get this free report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report CocaCola Company The (KO) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Shopify Inc. (SHOP) : Free Stock Analysis Report ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Though Buffett’s largest position, Apple AAPL, fell in tandem with most tech-related stocks, he succeeded by taking a massive position in oil-related stock Occidental Petroleum (OXY). Image Source: Zacks Investment Research Pictured: Defense names LMT and NOC have outperformed the S&P 500 amidst the war in Ukraine.
Though Buffett’s largest position, Apple AAPL, fell in tandem with most tech-related stocks, he succeeded by taking a massive position in oil-related stock Occidental Petroleum (OXY). Click to get this free report Lockheed Martin Corporation (LMT) : Free Stock Analysis Report Northrop Grumman Corporation (NOC) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report CocaCola Company The (KO) : Free Stock Analysis Report Schlumberger Limited (SLB) : Free Stock Analysis Report Halliburton Company (HAL) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report Energy Select Sector SPDR ETF (XLE): ETF Research Reports Shopify Inc. (SHOP) : Free Stock Analysis Report ARK Innovation ETF (ARKK): ETF Research Reports Zoom Video Communications, Inc. (ZM) : Free Stock Analysis Report Fastly, Inc. (FSLY) : Free Stock Analysis Report Coinbase Global, Inc. (COIN) : Free Stock Analysis Report Meta Platforms, Inc. (META) : Free Stock Analysis Report To read this article on Zacks.com click here. Energy: Early in 2022, energy prices were trending higher as global economies recovered from the pandemic and demand rose drastically.
17875.0
2022-12-27 00:00:00 UTC
3 Top Dividend Growth Stocks I'm Buying to Close Out 2022
AAPL
https://www.nasdaq.com/articles/3-top-dividend-growth-stocks-im-buying-to-close-out-2022
nan
nan
Many investors don't start with the tech sector when searching for top dividend stocks. But after the market took a beating in 2022, things have changed. As stock prices have fallen, quality tech company stock dividend yields have been pushed higher. Despite the bear market, computing technology is still growing, offering a potent combination of current dividend income with the potential for growth and higher dividend income payments in the future. As 2022 comes to a close, Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Broadcom (NASDAQ: AVGO) top my list of dividend growth stocks I'm buying right now. Here's why. Apple: Don't let size hold you back from owning more of this tech leader For much of 2022, Apple held up quite well. But in recent months, the bear market caught up with the iPhone maker too. Shares are down nearly 26% with just days left to go until the new year. That spells an opportunity for investors with cash to deploy, because Apple's business is just fine. Sure, there's worry about supply chain issues (the recent social upheaval in China at key Apple supplier Foxconn) as well as the effect on demand as COVID-19 cases surge (again in China). There's also underlying weakness among consumers headed into 2023 as inflation begins to affect consumer spending. A high-priced smartphone might be tough to justify for many households next year. Now don't get me wrong, the business itself could be in for a rough patch as 2023 gets underway. The iPhone has remained the primary growth driver of the business in recent years as customers upgrade to a 5G network-ready model -- which, not incidentally, have tended to carry heftier price tags. With demand sky-high, Apple's problem has been getting enough iPhones out on the market. This constricted supply could continue to bode well for iPhone sales long term, but Apple's suppliers might not be able to get enough of them shipped out the factory in the coming months. If they can't, flatlining iPhone sales could justify the recent tumble in Apple stock. Nevertheless, Apple is still working on new innovations, like a mixed-reality headset that could be unveiled in 2023. And Apple remains wildly profitable and able to continue funding its rising dividend (currently yielding 0.7% a year) plus a massive amount of share repurchases ($89 billion in the last year alone, which equate to 4.2% of the current market cap if you're looking for a dividend yield equivalent on stock buybacks). At 19.5 times one-year-forward expected earnings, Apple looks like a timely purchase right now. Qualcomm: Slumping Android sales won't last forever While the iPhone has continued to win over new customers and has been picking up market share as of late, Android devices have been suffering. Companies involved with the manufacture of Android (which accounts for over 70% of mobile devices globally) are anticipating a sharp decline in smartphone sales at the end of 2022 and well into 2023. One of those key Android suppliers is Qualcomm. Qualcomm had a superb fiscal 2022, growing total revenue by 32% year-over-year to $44.2 billion. However, to kick off fiscal 2023, management expects revenue to fall as much as 14%. Android ecosystem supply chains have begun to loosen up just in time for consumer spending to hit the skids, so an excess of inventory suddenly needs to be burned off. That means falling profit margins for Qualcomm, and this unfortunate confluence of events could last for a couple quarters. The average analyst on Wall Street is anticipating Qualcomm's earnings will fall somewhere in the mid-20% range in 2023. While my own estimate agrees with this consensus outlook for the next year, I think the market is highly myopic with the sell-off in Qualcomm stock. Shares currently trade for just 13 times 2023 earnings per share (assuming a 25% decrease from earnings per share of $11.37 generated in 2022). Eventually, smartphone sales will bottom and pick up again. And much like Apple, the steady migration over to 5G bodes well for Qualcomm as it means higher selling prices (and more profit) per chip. The company is also investing heavily to broaden its chip portfolio in automotive solutions, virtual reality, laptops, and the like. Qualcomm's dividend currently yields 2.7% a year, and nearly $2.8 billion worth of stock was repurchased in the last year as well (about 2.3% of the current market cap). With the market down on Qualcomm, this looks like another timely dividend growth stock purchase. Broadcom: The private equity-like chip stock few investors know about Few investors know much about Broadcom, but it's no less a semiconductor industry giant. Though not a household name like Qualcomm and its Snapdragon processors, its designs can be found all over smartphone and mobile devices, powering things like touch displays and 5G and WiFi radio signal receivers. But the real bread-and-butter for Broadcom lies behind the scenes. Broadcom dominates in chips and switches for data centers, enterprise computing systems, and broadband internet infrastructure. The company has patched its portfolio together over the years with numerous acquisitions. It targets niches within the computing world where it can dominate and turn an abnormally high profit, and will exit a business once a high-profit-margin profile can no longer be met. It's a controversial strategy, and one that has led to some antitrust scrutiny over the years. Nevertheless, if growth and income is what you're after, Broadcom stock fits the bill. 2022 revenue was up 21% year-over-year to $33.2 billion, and free cash flow was a whopping $16.3 billion. Broadcom has used this cash to pay a steadily rising dividend, which was just increased 12% last quarter and currently yields 3.3% a year. Additionally, share repurchases are also a frequent feature of this company. Management repurchased $8.3 billion in stock in the last year (3.6% of the current market cap). Broadcom is hoping to make another big splashy acquisition next year with the pending purchase of VMware (NYSE: VMW). The company hopes to merge it with its existing enterprise software business to create a challenger to public cloud giants Microsoft (NASDAQ: MSFT) Azure and Amazon (NASDAQ: AMZN) AWS. However, given the size of the proposed merger, antitrust regulators are taking a critical look. Nevertheless, with or without VMware, Broadcom is a top dividend stock to consider adding to a portfolio. Shares trade for under 13 times one-year-forward expected earnings per share as of this writing. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Nicholas Rossolillo and his clients have positions in Amazon.com, Apple, Broadcom, and Qualcomm. The Motley Fool has positions in and recommends Amazon.com, Apple, Microsoft, and Qualcomm. The Motley Fool recommends Broadcom and VMware and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
As 2022 comes to a close, Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Broadcom (NASDAQ: AVGO) top my list of dividend growth stocks I'm buying right now. The iPhone has remained the primary growth driver of the business in recent years as customers upgrade to a 5G network-ready model -- which, not incidentally, have tended to carry heftier price tags. Android ecosystem supply chains have begun to loosen up just in time for consumer spending to hit the skids, so an excess of inventory suddenly needs to be burned off.
As 2022 comes to a close, Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Broadcom (NASDAQ: AVGO) top my list of dividend growth stocks I'm buying right now. And Apple remains wildly profitable and able to continue funding its rising dividend (currently yielding 0.7% a year) plus a massive amount of share repurchases ($89 billion in the last year alone, which equate to 4.2% of the current market cap if you're looking for a dividend yield equivalent on stock buybacks). The Motley Fool recommends Broadcom and VMware and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
As 2022 comes to a close, Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Broadcom (NASDAQ: AVGO) top my list of dividend growth stocks I'm buying right now. And Apple remains wildly profitable and able to continue funding its rising dividend (currently yielding 0.7% a year) plus a massive amount of share repurchases ($89 billion in the last year alone, which equate to 4.2% of the current market cap if you're looking for a dividend yield equivalent on stock buybacks). Qualcomm's dividend currently yields 2.7% a year, and nearly $2.8 billion worth of stock was repurchased in the last year as well (about 2.3% of the current market cap).
As 2022 comes to a close, Apple (NASDAQ: AAPL), Qualcomm (NASDAQ: QCOM), and Broadcom (NASDAQ: AVGO) top my list of dividend growth stocks I'm buying right now. With the market down on Qualcomm, this looks like another timely dividend growth stock purchase. Nevertheless, with or without VMware, Broadcom is a top dividend stock to consider adding to a portfolio.
17876.0
2022-12-27 00:00:00 UTC
Apple's Japan Unit Hit With $98 Mln In Back Taxes : Report
AAPL
https://www.nasdaq.com/articles/apples-japan-unit-hit-with-%2498-mln-in-back-taxes-%3A-report
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(RTTNews) - Apple Inc's (AAPL) Japan unit is being charged 13 billion yen or $98 million in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper reported, citing unidentified sources. According to the report, Bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores. At least one transaction involved an individual buying hundreds of handsets at once, suggesting that the store missed taxing a possible reseller. Japan's tax-free shopping allows visitors staying for less than six months to buy items such as souvenirs or everyday goods without paying the 10% consumption tax, but this exemption does not apply to purchases for resale purposes. According to Nikkei, Apple Japan is believed to have filed an amended tax return. The company also voluntarily stopped offering tax-free shopping in June. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Apple Inc's (AAPL) Japan unit is being charged 13 billion yen or $98 million in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper reported, citing unidentified sources. At least one transaction involved an individual buying hundreds of handsets at once, suggesting that the store missed taxing a possible reseller. Japan's tax-free shopping allows visitors staying for less than six months to buy items such as souvenirs or everyday goods without paying the 10% consumption tax, but this exemption does not apply to purchases for resale purposes.
(RTTNews) - Apple Inc's (AAPL) Japan unit is being charged 13 billion yen or $98 million in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper reported, citing unidentified sources. According to the report, Bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores. Japan's tax-free shopping allows visitors staying for less than six months to buy items such as souvenirs or everyday goods without paying the 10% consumption tax, but this exemption does not apply to purchases for resale purposes.
(RTTNews) - Apple Inc's (AAPL) Japan unit is being charged 13 billion yen or $98 million in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper reported, citing unidentified sources. Japan's tax-free shopping allows visitors staying for less than six months to buy items such as souvenirs or everyday goods without paying the 10% consumption tax, but this exemption does not apply to purchases for resale purposes. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
(RTTNews) - Apple Inc's (AAPL) Japan unit is being charged 13 billion yen or $98 million in additional taxes by Tokyo authorities, apparently for bulk sales of iPhones and other devices to foreign tourists that were incorrectly exempted from the consumption tax, the Nikkei newspaper reported, citing unidentified sources. According to the report, Bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores. At least one transaction involved an individual buying hundreds of handsets at once, suggesting that the store missed taxing a possible reseller.
17877.0
2022-12-27 00:00:00 UTC
US STOCKS-S&P 500, Nasdaq knocked down by Tesla, megacap stocks
AAPL
https://www.nasdaq.com/articles/us-stocks-sp-500-nasdaq-knocked-down-by-tesla-megacap-stocks
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By Amruta Khandekar and Ankika Biswas Dec 27 (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc TSLA.O slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at its Shanghai plant into January. Megacap growth stocks Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O slipped between 1% and 2%, dented by a rise in U.S. Treasury yields. The drops made consumer discretionary .SPLRCD and technology .SPLRCT the worst performers among major S&P 500 .SPX sector indexes. China said it would stop requiring inbound travelers to go into quarantine starting Jan. 8, adding it would also downgrade the seriousness of COVID-19 as it has become less virulent. U.S.-listed shares of Chinese firms such as JD.Com Inc JD.O, Alibaba Group Holding Ltd BABA.N and Pinduoduo Inc PDD.O climbed between 4% and 5.4%. Casino operators Las Vegas Sands Corp LVS.N, Wynn Resorts Ltd WYNN.O and Melco Resorts & Entertainment Ltd MLCO.O gained between 2.2% and 4.7%. China's move comes after three years of zero-tolerance measures battering the country's economy and follows an abrupt policy U-turn this month of dropping nearly all domestic COVID-19 restrictions. "With China opening up and being less restrictive, the hope is that China will show an increase in GDP growth in 2023 - one of the few countries to actually show an increase in economic activity for the year ahead," said Sam Stovall, chief investment strategist at CFRA Research in New York. With a handful of trading sessions left this year, investors are hoping for a so-called "Santa rally" at the end of what has been a largely disappointing month for U.S. equities. The S&P 500 .SPX and the Nasdaq .IXIC have lost around 6% and 9%, respectively, so far in December and are on track for their biggest yearly loss since 2008 on worries that the Federal Reserve's aggressive policy tightening to tame decades-high inflation could trigger a recession. Economic data so far has offered little hope that the Fed could hit the brakes on its interest rate hikes. Inflation has cooled further, but not enough to discourage the U.S. central bank from driving rates to higher levels next year. Money markets are pricing in 59% odds of a 25-basis-point interest rate hike at the Fed's February meeting and expect rates peaking at 4.94% in May. FEDWATCH. Trading volumes remain thin as investors return from a long weekend. At 9:39 a.m. ET, the Dow Jones Industrial Average .DJI was down 4.94 points, or 0.01%, at 33,198.99, the S&P 500 .SPX was down 14.55 points, or 0.38%, at 3,830.27, and the Nasdaq Composite .IXIC was down 87.26 points, or 0.83%, at 10,410.61. Southwest Airlines Co LUV.N shed 5% after cancelling thousands of flights, piling more pressure on the S&P 500. AMC Entertainment Holdings Inc AMC.N slipped 8.6%, extending declines after the cinema chain disclosed plans for a capital raise last week. Declining issues outnumbered advancers for a 1.69-to-1 ratio on the NYSE and 1.93-to-1 ratio on the Nasdaq. The S&P index recorded three new 52-week highs and one new low, while the Nasdaq recorded 33 new highs and 144 new lows. (Reporting by Amruta Khandekar and Ankika Biswas in Bengaluru; Editing by Vinay Dwivedi and Sriraj Kalluvila) ((Amruta.Khandekar@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Megacap growth stocks Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O slipped between 1% and 2%, dented by a rise in U.S. Treasury yields. By Amruta Khandekar and Ankika Biswas Dec 27 (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc TSLA.O slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at its Shanghai plant into January.
Megacap growth stocks Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O slipped between 1% and 2%, dented by a rise in U.S. Treasury yields. By Amruta Khandekar and Ankika Biswas Dec 27 (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. AMC Entertainment Holdings Inc AMC.N slipped 8.6%, extending declines after the cinema chain disclosed plans for a capital raise last week.
Megacap growth stocks Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O slipped between 1% and 2%, dented by a rise in U.S. Treasury yields. By Amruta Khandekar and Ankika Biswas Dec 27 (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. "With China opening up and being less restrictive, the hope is that China will show an increase in GDP growth in 2023 - one of the few countries to actually show an increase in economic activity for the year ahead," said Sam Stovall, chief investment strategist at CFRA Research in New York.
Megacap growth stocks Apple Inc AAPL.O, Alphabet Inc GOOGL.O and Amazon.com Inc AMZN.O slipped between 1% and 2%, dented by a rise in U.S. Treasury yields. By Amruta Khandekar and Ankika Biswas Dec 27 (Reuters) - The S&P 500 and tech-heavy Nasdaq fell on Tuesday, led by declines in some megacap growth stocks and Tesla, with optimism around China further easing its COVID-19 curbs limiting losses on the indexes. Tesla Inc TSLA.O slid 5% after Reuters reported that the electric vehicle maker plans to extend a reduced production schedule at its Shanghai plant into January.
17878.0
2022-12-27 00:00:00 UTC
Should Motley Fool 100 Index ETF (TMFC) Be on Your Investing Radar?
AAPL
https://www.nasdaq.com/articles/should-motley-fool-100-index-etf-tmfc-be-on-your-investing-radar-4
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The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market. The fund is sponsored by Motley Fool Asset Management. It has amassed assets over $363.19 million, making it one of the average sized ETFs attempting to match the Large Cap Growth segment of the US equity market. Why Large Cap Growth Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Overall, they are usually a stable option, with less risk and more sure-fire cash flows than mid and small cap companies. Qualities of growth stocks include faster growth rates compared to the broader market, as well as higher valuations and higher than average sales and earnings growth rates. Further, growth stocks have a higher level of volatility associated with them. When you consider growth versus value, growth stocks are usually the clear winner in strong bull markets but tend to fall flat in nearly all other environments. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.50%, putting it on par with most peer products in the space. It has a 12-month trailing dividend yield of 0.27%. Sector Exposure and Top Holdings While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 42.70% of the portfolio. Healthcare and Telecom round out the top three. Looking at individual holdings, Apple Inc (AAPL) accounts for about 14.18% of total assets, followed by Microsoft Corp (MSFT) and Alphabet Inc (GOOG). The top 10 holdings account for about 58.08% of total assets under management. Performance and Risk TMFC seeks to match the performance of the MOTLEY FOOL 100 INDEX before fees and expenses. The Motley Fool 100 Index is an index of US stocks, recommended by The Motley Fool, LLC (TMF) analysts, either in the Motley Fool IQ analyst opinion database or TMF research publications. From this recommendation pool, the index chooses the 100 largest US companies by market cap and weights them according to market capitalization. The index undergoes quarterly reconstitution. The ETF has lost about -31.23% so far this year and is down about -30.54% in the last one year (as of 12/27/2022). In the past 52-week period, it has traded between $30 and $44.57. The ETF has a beta of 1.05 and standard deviation of 27.99% for the trailing three-year period. With about 102 holdings, it effectively diversifies company-specific risk. Alternatives Motley Fool 100 Index ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, TMFC is a sufficient option for those seeking exposure to the Style Box - Large Cap Growth area of the market. Investors might also want to consider some other ETF options in the space. The Vanguard Growth ETF (VUG) and the Invesco QQQ (QQQ) track a similar index. While Vanguard Growth ETF has $67.86 billion in assets, Invesco QQQ has $144.47 billion. VUG has an expense ratio of 0.04% and QQQ charges 0.20%. Bottom-Line Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Motley Fool 100 Index ETF (TMFC): ETF Research Reports Alphabet Inc. (GOOG) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): 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.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 14.18% of total assets, followed by Microsoft Corp (MSFT) and Alphabet Inc (GOOG). Click to get this free report Motley Fool 100 Index ETF (TMFC): ETF Research Reports Alphabet Inc. (GOOG) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
Click to get this free report Motley Fool 100 Index ETF (TMFC): ETF Research Reports Alphabet Inc. (GOOG) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 14.18% of total assets, followed by Microsoft Corp (MSFT) and Alphabet Inc (GOOG). The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
Click to get this free report Motley Fool 100 Index ETF (TMFC): ETF Research Reports Alphabet Inc. (GOOG) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 14.18% of total assets, followed by Microsoft Corp (MSFT) and Alphabet Inc (GOOG). The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
Click to get this free report Motley Fool 100 Index ETF (TMFC): ETF Research Reports Alphabet Inc. (GOOG) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Invesco QQQ (QQQ): ETF Research Reports Vanguard Growth ETF (VUG): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 14.18% of total assets, followed by Microsoft Corp (MSFT) and Alphabet Inc (GOOG). The Motley Fool 100 Index ETF (TMFC) was launched on 01/30/2018, and is a passively managed exchange traded fund designed to offer broad exposure to the Large Cap Growth segment of the US equity market.
17879.0
2022-12-27 00:00:00 UTC
Technology Sector Update for 12/27/2022: XLK, SOXX, HIMX, AAPL, PTON
AAPL
https://www.nasdaq.com/articles/technology-sector-update-for-12-27-2022%3A-xlk-soxx-himx-aapl-pton
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Technology stocks were declining pre-bell Tuesday. The Technology Select Sector SPDR Fund (XLK) was down 0.2%, while the iShares Semiconductor ETF (SOXX) retreated 0.5%. Himax Technologies (HIMX) inched down 0.3% after announcing a partnership with Novatek Microelectronics to showcase an ultralow power pre-roll Artificial Intelligence, or AI, offering for battery surveillance cameras at CES 2023. Apple (AAPL) was decreasing 0.3% after its Japan unit has reportedly been hit with 14 billion yen ($105 million) in additional taxes, with authorities finding that bulk sales of iPhones and other devices to foreign tourists were incorrectly exempted from consumption tax. Peloton Interactive (PTON) was inching up 0.1% after saying it will sell both a refurbished Peloton Bike and Peloton Bike+ at discounts of up to $500 starting Monday. 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) was decreasing 0.3% after its Japan unit has reportedly been hit with 14 billion yen ($105 million) in additional taxes, with authorities finding that bulk sales of iPhones and other devices to foreign tourists were incorrectly exempted from consumption tax. The Technology Select Sector SPDR Fund (XLK) was down 0.2%, while the iShares Semiconductor ETF (SOXX) retreated 0.5%. Himax Technologies (HIMX) inched down 0.3% after announcing a partnership with Novatek Microelectronics to showcase an ultralow power pre-roll Artificial Intelligence, or AI, offering for battery surveillance cameras at CES 2023.
Apple (AAPL) was decreasing 0.3% after its Japan unit has reportedly been hit with 14 billion yen ($105 million) in additional taxes, with authorities finding that bulk sales of iPhones and other devices to foreign tourists were incorrectly exempted from consumption tax. Himax Technologies (HIMX) inched down 0.3% after announcing a partnership with Novatek Microelectronics to showcase an ultralow power pre-roll Artificial Intelligence, or AI, offering for battery surveillance cameras at CES 2023. 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) was decreasing 0.3% after its Japan unit has reportedly been hit with 14 billion yen ($105 million) in additional taxes, with authorities finding that bulk sales of iPhones and other devices to foreign tourists were incorrectly exempted from consumption tax. Himax Technologies (HIMX) inched down 0.3% after announcing a partnership with Novatek Microelectronics to showcase an ultralow power pre-roll Artificial Intelligence, or AI, offering for battery surveillance cameras at CES 2023. Peloton Interactive (PTON) was inching up 0.1% after saying it will sell both a refurbished Peloton Bike and Peloton Bike+ at discounts of up to $500 starting Monday.
Apple (AAPL) was decreasing 0.3% after its Japan unit has reportedly been hit with 14 billion yen ($105 million) in additional taxes, with authorities finding that bulk sales of iPhones and other devices to foreign tourists were incorrectly exempted from consumption tax. Technology stocks were declining pre-bell Tuesday. The Technology Select Sector SPDR Fund (XLK) was down 0.2%, while the iShares Semiconductor ETF (SOXX) retreated 0.5%.
17880.0
2022-12-27 00:00:00 UTC
Charter's (CHTR) Slow Internet Customer Growth Impacts Prospects
AAPL
https://www.nasdaq.com/articles/charters-chtr-slow-internet-customer-growth-impacts-prospects
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Charter Communications CHTR shares have lost 48.8% in the year-to-date period compared with the Zacks Cable Television industry’s decline of 37.8%. CHTR experienced slow top-line growth in the third quarter of 2022. It reported revenues of $13.55 billion, which increased 3.1% on a year-over-year basis. Growth slowed down due to lower new activation of Internet users. CHTR had 30.33 million Internet customers in the third quarter of 2022, up 1.4% year over year. Also, CHTR video customers declined by 3.8% from the year-ago period in the third quarter, with the market being mostly saturated. The space is dominated by big streaming service providers like Netflix NFLX and Amazon Prime Video, which are heightening the competition for Charter Communications to grab a decent market share. Netflix has been spending aggressively on building its original content portfolio, and the company is still enjoying its leading position in the streaming industry. It is the most prominent competitor of CHTR in the video-streaming space. However, to boost its customer growth Charter Communications which currently carries Zacks Rank #3 (Hold), is strategically investing $5 billion in constructing a fiber-optic network buildout. This will help in providing broadband access to approximately 1 million customer locations across 24 states in the coming years. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Charter Communications, Inc. Price and Consensus Charter Communications, Inc. price-consensus-chart | Charter Communications, Inc. Quote Charter Communications Expanding Operations in Rural Areas to Boost Prospects Charter Communications recently launched Spectrum Internet, Mobile, TV and Voice services for more than 1,300 homes and small businesses in parts of Columbia and Sauk Counties. This new construction is part of Spectrum’s strategy to boost user growth from Spectrum’s array of services in rural areas. The company is investing nearly $5 billion, including more than $1 billion won in the Federal Communications Commission’s RDOF auction. The recent expansion of its broadband, Internet and mobile services follows the company’s expansion of its broadband and Internet services offerings in Loudon County, TN, Wexford County, MI and Northwoods regions of Arbor Vitae, Woodruff, Three Lakes and the Town of Piehl, WI. Additionally, Spectrum is delivering its TV services across Wisconsin with more than 200 HD channels and access to 85,000 on-demand movies and shows. Viewers can stream content across other platforms like Kindle Fire, Samsung Smart TVs and Apple’s AAPL Apple TV+ and Spectrum Originals using the Spectrum TV App. Apple TV+ recently broke records with 52 Emmy Award nominations across 13 titles and boosted its total number of Emmy Award nominations by more than 40% year over year in under three years since its global launch. CHTR has collaborated with Comcast CMCSA to develop and offer a new streaming platform on various branded 4K streaming devices and smart TVs. The joint venture will provide CHTR with Comcast’s Flex and hardware, helping it attract new customers to counter competition. 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 +24.8% 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 Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : 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.
Viewers can stream content across other platforms like Kindle Fire, Samsung Smart TVs and Apple’s AAPL Apple TV+ and Spectrum Originals using the Spectrum TV App. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report To read this article on Zacks.com click here. The space is dominated by big streaming service providers like Netflix NFLX and Amazon Prime Video, which are heightening the competition for Charter Communications to grab a decent market share.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Viewers can stream content across other platforms like Kindle Fire, Samsung Smart TVs and Apple’s AAPL Apple TV+ and Spectrum Originals using the Spectrum TV App. Charter Communications, Inc. Price and Consensus Charter Communications, Inc. price-consensus-chart | Charter Communications, Inc. Quote Charter Communications Expanding Operations in Rural Areas to Boost Prospects Charter Communications recently launched Spectrum Internet, Mobile, TV and Voice services for more than 1,300 homes and small businesses in parts of Columbia and Sauk Counties.
Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report To read this article on Zacks.com click here. Viewers can stream content across other platforms like Kindle Fire, Samsung Smart TVs and Apple’s AAPL Apple TV+ and Spectrum Originals using the Spectrum TV App. However, to boost its customer growth Charter Communications which currently carries Zacks Rank #3 (Hold), is strategically investing $5 billion in constructing a fiber-optic network buildout.
Viewers can stream content across other platforms like Kindle Fire, Samsung Smart TVs and Apple’s AAPL Apple TV+ and Spectrum Originals using the Spectrum TV App. Click to get this free report Apple Inc. (AAPL) : Free Stock Analysis Report Comcast Corporation (CMCSA) : Free Stock Analysis Report Netflix, Inc. (NFLX) : Free Stock Analysis Report Charter Communications, Inc. (CHTR) : Free Stock Analysis Report To read this article on Zacks.com click here. CHTR had 30.33 million Internet customers in the third quarter of 2022, up 1.4% year over year.
17881.0
2022-12-27 00:00:00 UTC
Could This New Content Category Get Netflix Back in Shape?
AAPL
https://www.nasdaq.com/articles/could-this-new-content-category-get-netflix-back-in-shape
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Netflix (NASDAQ: NFLX) binge sessions may actually be good for you in 2023. The streaming leader is adding fitness classes to its content library supplied by Nike Training Club. The 90 classes coming to Netflix starting Dec. 30 represent a new content category, encroaching on fitness-focused subscriptions like Peloton (NASDAQ: PTON) Digital and Apple (NASDAQ: AAPL) Fitness+. While the current subscriber base for those apps aren't massive, there's a lot of potential in the digital fitness space. If Netflix's partnership with Nike proves successful, it could be a cost-effective way to bring in new subscribers and improve customer retention. The market for digital fitness classes There's a massive market for connected fitness services. Peloton CEO (and former Netflix CFO) Barry McCarthy believes the company can grow to 100 million members. McCarthy doesn't think Peloton will put 100 million connected bikes, treadmills, and rowers in people's homes, though. "The digital app needs to become the tip of the spear, so to speak, if we're going to reach 100 million members," he wrote in Peloton's third-quarter letter to shareholders after taking over as CEO. McCarthy isn't alone in his assumption that there's a big market for digital fitness classes. Apple launched Apple Fitness+ two years ago, offering guided workouts and integrations with the Apple Watch. Apple wouldn't have launched the service unless it sees potential for substantial scale in the business. As of the end of end of September, Peloton counted just 887,000 digital subscribers. But consumer awareness of the standalone product is just 4%, McCarthy points out. If Peloton could improve awareness of the subscription offering, it could grow much larger, he suggests. Apple doesn't disclose how many Fitness+ subscribers it has. Netflix, for its part, doesn't have a consumer awareness problem at all. It already has over 220 million global subscribers. It also has access to one of the best digital billboards in the entire world, the Netflix home screen. Not to mention it has access to user data that can help it put the right content in front of the right person at the right time. In other words, Netflix is in a great position to eat Peloton's lunch, which I imagine consists of lean proteins and lots of greens. Cost-effective content Netflix plans to keep its content costs flat for the next few years, focusing on getting more engagement per dollar of content. Fitness classes may be one path toward that goal. The cost to produce a 45-minute fitness class is far less than the cost to produce a 45-minute scripted drama. What's more, that fitness class may prove more rewatchable than even the best series on Netflix. That said, viewership for fitness classes on Netflix won't be nearly as broad as for Stranger Things. But McCarthy's public goals and entries into the space from big companies like Apple suggest it's not a small number of people interested either. Those who do engage with the Nike Training Club content, it could become an indispensable part of their routine. It may be the must-have content that keeps them subscribed to Netflix month after month, especially if it means they can ditch another subscription like Apple Fitness+ or Peloton Digital. And that can have a meaningful impact on Netflix, as it faces subscriber saturation and greater competition in streaming. If Netflix sees some early success with fitness classes, it wouldn't be a surprise to see it push deeper into the space. It may partner with other content makers, or it could look to produce classes itself. The company could bring a whole new perspective to the idea of watching Netflix while on the treadmill. 10 stocks we like better than Netflix When our award-winning 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 Netflix 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 1, 2022 Adam Levy has positions in Apple and Netflix. The Motley Fool has positions in and recommends Apple, Netflix, Nike, and Peloton Interactive. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike, long March 2023 $120 calls on Apple, and short March 2023 $130 calls on 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.
The 90 classes coming to Netflix starting Dec. 30 represent a new content category, encroaching on fitness-focused subscriptions like Peloton (NASDAQ: PTON) Digital and Apple (NASDAQ: AAPL) Fitness+. "The digital app needs to become the tip of the spear, so to speak, if we're going to reach 100 million members," he wrote in Peloton's third-quarter letter to shareholders after taking over as CEO. In other words, Netflix is in a great position to eat Peloton's lunch, which I imagine consists of lean proteins and lots of greens.
The 90 classes coming to Netflix starting Dec. 30 represent a new content category, encroaching on fitness-focused subscriptions like Peloton (NASDAQ: PTON) Digital and Apple (NASDAQ: AAPL) Fitness+. The market for digital fitness classes There's a massive market for connected fitness services. The Motley Fool has positions in and recommends Apple, Netflix, Nike, and Peloton Interactive.
The 90 classes coming to Netflix starting Dec. 30 represent a new content category, encroaching on fitness-focused subscriptions like Peloton (NASDAQ: PTON) Digital and Apple (NASDAQ: AAPL) Fitness+. It may be the must-have content that keeps them subscribed to Netflix month after month, especially if it means they can ditch another subscription like Apple Fitness+ or Peloton Digital. The Motley Fool has positions in and recommends Apple, Netflix, Nike, and Peloton Interactive.
The 90 classes coming to Netflix starting Dec. 30 represent a new content category, encroaching on fitness-focused subscriptions like Peloton (NASDAQ: PTON) Digital and Apple (NASDAQ: AAPL) Fitness+. McCarthy doesn't think Peloton will put 100 million connected bikes, treadmills, and rowers in people's homes, though. If Peloton could improve awareness of the subscription offering, it could grow much larger, he suggests.
17882.0
2022-12-27 00:00:00 UTC
Is Franklin U.S. Large Cap Multifactor Index ETF (FLQL) a Strong ETF Right Now?
AAPL
https://www.nasdaq.com/articles/is-franklin-u.s.-large-cap-multifactor-index-etf-flql-a-strong-etf-right-now-1
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The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) made its debut on 04/26/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Blend category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. Fund Sponsor & Index Because the fund has amassed over $908.61 million, this makes it one of the larger ETFs in the Style Box - Large Cap Blend. FLQL is managed by Franklin Templeton Investments. FLQL seeks to match the performance of the LibertyQ US Large Cap Equity Index before fees and expenses. The LibertyQ US Large Cap Equity Index seeks to achieve a lower level of risk and higher risk-adjusted performance than the Russell 1000 Index over the long term by applying a multi-factor selection process, which is designed to select equity securities from the Russell 1000 Index that have favorable exposure to four investment style factors quality, value, momentum and low volatility. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. With one of the cheaper products in the space, this ETF has annual operating expenses of 0.15%. FLQL's 12-month trailing dividend yield is 2.06%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. For FLQL, it has heaviest allocation in the Information Technology sector --about 28.10% of the portfolio --while Healthcare and Consumer Discretionary round out the top three. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 6.55% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). FLQL's top 10 holdings account for about 23.75% of its total assets under management. Performance and Risk The ETF has lost about -14.09% so far this year and is down about -13.03% in the last one year (as of 12/27/2022). In the past 52-week period, it has traded between $36.61 and $47.20. FLQL has a beta of 0.91 and standard deviation of 23.56% for the trailing three-year period. With about 218 holdings, it effectively diversifies company-specific risk. Alternatives Franklin U.S. Large Cap Multifactor Index ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Blend segment of the market. There are other ETFs in the space which investors could consider as well. IShares Core S&P 500 ETF (IVV) tracks S&P 500 Index and the SPDR S&P 500 ETF (SPY) tracks S&P 500 Index. IShares Core S&P 500 ETF has $290.06 billion in assets, SPDR S&P 500 ETF has $362.55 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - Large Cap Blend. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): 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.
Taking into account individual holdings, Apple Inc (AAPL) accounts for about 6.55% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.
Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 6.55% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Alternatives Franklin U.S. Large Cap Multifactor Index ETF is an excellent option for investors seeking to outperform the Style Box - Large Cap Blend segment of the market.
Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Taking into account individual holdings, Apple Inc (AAPL) accounts for about 6.55% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) made its debut on 04/26/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Blend category of the market.
Taking into account individual holdings, Apple Inc (AAPL) accounts for about 6.55% of the fund's total assets, followed by Microsoft Corp (MSFT) and Exxon Mobil Corp (XOM). Click to get this free report Franklin U.S. Large Cap Multifactor Index ETF (FLQL): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report Exxon Mobil Corporation (XOM) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. The Franklin U.S. Large Cap Multifactor Index ETF (FLQL) made its debut on 04/26/2017, and is a smart beta exchange traded fund that provides broad exposure to the Style Box - Large Cap Blend category of the market.
17883.0
2022-12-27 00:00:00 UTC
Should You Invest in the First Trust Indxx NextG ETF (NXTG)?
AAPL
https://www.nasdaq.com/articles/should-you-invest-in-the-first-trust-indxx-nextg-etf-nxtg-3
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The First Trust Indxx NextG ETF (NXTG) was launched on 02/17/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Telecom segment of the equity market. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors. Investor-friendly, sector ETFs provide many options to gain low risk and diversified exposure to a broad group of companies in particular sectors. Technology - Telecom is one of the 16 broad Zacks sectors within the Zacks Industry classification. It is currently ranked 7, placing it in top 44%. Index Details The fund is sponsored by First Trust Advisors. It has amassed assets over $447.91 million, making it one of the average sized ETFs attempting to match the performance of the Technology - Telecom segment of the equity market. NXTG seeks to match the performance of the INDXX 5G & NEXTG THEMATIC INDEX before fees and expenses. The Indxx 5G & NextG Thematic Index tracks the performance of companies engaged in the smartphone segment of the telecom and technology sectors. Costs Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive counterparts if all other fundamentals are the same. Annual operating expenses for this ETF are 0.70%, making it one of the more expensive products in the space. It has a 12-month trailing dividend yield of 2.04%. Sector Exposure and Top Holdings While ETFs offer diversified exposure, which minimizes single stock risk, a deep look into a fund's holdings is a valuable exercise. And, most ETFs are very transparent products that disclose their holdings on a daily basis. Looking at individual holdings, Arista Networks, Inc. (ANET) accounts for about 1.66% of total assets, followed by Apple Inc. (AAPL) and Ciena Corporation (CIEN). The top 10 holdings account for about 14.53% of total assets under management. Performance and Risk So far this year, NXTG has lost about -25.20%, and is down about -22.41% in the last one year (as of 12/27/2022). During this past 52-week period, the fund has traded between $54.30 and $83.17. The ETF has a beta of 0.86 and standard deviation of 24.27% for the trailing three-year period. With about 102 holdings, it effectively diversifies company-specific risk. Alternatives First Trust Indxx NextG ETF sports a Zacks ETF Rank of 4 (Sell), which is based on expected asset class return, expense ratio, and momentum, among other factors. NXTG, then, is not a suitable option for investors seeking exposure to the Technology ETFs segment of the market. However, there are better ETFs in the space to consider. 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 First Trust Indxx NextG ETF (NXTG): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : 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.
Looking at individual holdings, Arista Networks, Inc. (ANET) accounts for about 1.66% of total assets, followed by Apple Inc. (AAPL) and Ciena Corporation (CIEN). Click to get this free report First Trust Indxx NextG ETF (NXTG): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. The First Trust Indxx NextG ETF (NXTG) was launched on 02/17/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Telecom segment of the equity market.
Looking at individual holdings, Arista Networks, Inc. (ANET) accounts for about 1.66% of total assets, followed by Apple Inc. (AAPL) and Ciena Corporation (CIEN). Click to get this free report First Trust Indxx NextG ETF (NXTG): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. An increasingly popular option among retail and institutional investors, passively managed ETFs offer low costs, transparency, flexibility, and tax efficiency; they are also excellent vehicles for long term investors.
Click to get this free report First Trust Indxx NextG ETF (NXTG): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. Looking at individual holdings, Arista Networks, Inc. (ANET) accounts for about 1.66% of total assets, followed by Apple Inc. (AAPL) and Ciena Corporation (CIEN). The First Trust Indxx NextG ETF (NXTG) was launched on 02/17/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Telecom segment of the equity market.
Looking at individual holdings, Arista Networks, Inc. (ANET) accounts for about 1.66% of total assets, followed by Apple Inc. (AAPL) and Ciena Corporation (CIEN). Click to get this free report First Trust Indxx NextG ETF (NXTG): ETF Research Reports Apple Inc. (AAPL) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report Arista Networks, Inc. (ANET) : Free Stock Analysis Report To read this article on Zacks.com click here. The First Trust Indxx NextG ETF (NXTG) was launched on 02/17/2011, and is a passively managed exchange traded fund designed to offer broad exposure to the Technology - Telecom segment of the equity market.
17884.0
2022-12-27 00:00:00 UTC
Should iShares Russell Top 200 ETF (IWL) Be on Your Investing Radar?
AAPL
https://www.nasdaq.com/articles/should-ishares-russell-top-200-etf-iwl-be-on-your-investing-radar-3
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Looking for broad exposure to the Large Cap Blend segment of the US equity market? You should consider the iShares Russell Top 200 ETF (IWL), a passively managed exchange traded fund launched on 09/22/2009. The fund is sponsored by Blackrock. It has amassed assets over $895.70 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market. Why Large Cap Blend Companies that fall in the large cap category tend to have a market capitalization above $10 billion. Considered a more stable option, large cap companies boast more predictable cash flows and are less volatile than their mid and small cap counterparts. Blend ETFs are aptly named, since they tend to hold a mix of growth and value stocks, as well as show characteristics of both kinds of equities. Costs Expense ratios are an important factor in the return of an ETF and in the long term, cheaper funds can significantly outperform their more expensive counterparts, other things remaining the same. Annual operating expenses for this ETF are 0.15%, making it one of the cheaper products in the space. It has a 12-month trailing dividend yield of 1.53%. Sector Exposure and Top Holdings ETFs offer a diversified exposure and thus minimize single stock risk but it is still important to delve into a fund's holdings before investing. Most ETFs are very transparent products and many disclose their holdings on a daily basis. This ETF has heaviest allocation to the Information Technology sector--about 29.40% of the portfolio. Healthcare and Financials round out the top three. Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.88% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). The top 10 holdings account for about 32.96% of total assets under management. Performance and Risk IWL seeks to match the performance of the Russell Top 200 Index before fees and expenses. The Russell Top 200 Index is a float-adjusted, capitalization-weighted index that measures the performance of the largest capitalization sector of the U.S. equity market. The ETF has lost about -20.47% so far this year and is down about -19.32% in the last one year (as of 12/27/2022). In the past 52-week period, it has traded between $84.55 and $114.92. The ETF has a beta of 0.99 and standard deviation of 25.24% for the trailing three-year period, making it a medium risk choice in the space. With about 196 holdings, it effectively diversifies company-specific risk. Alternatives IShares Russell Top 200 ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors. Thus, IWL is a sufficient option for those seeking exposure to the Style Box - Large Cap Blend area of the market. Investors might also want to consider some other ETF options in the space. The iShares Core S&P 500 ETF (IVV) and the SPDR S&P 500 ETF (SPY) track a similar index. While iShares Core S&P 500 ETF has $290.06 billion in assets, SPDR S&P 500 ETF has $362.55 billion. IVV has an expense ratio of 0.03% and SPY charges 0.09%. Bottom-Line Retail and institutional investors increasingly turn to passively managed ETFs because they offer low costs, transparency, flexibility, and tax efficiency; these kind of funds are also excellent vehicles for long term investors. To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 iShares Russell Top 200 ETF (IWL): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): 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.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.88% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Click to get this free report iShares Russell Top 200 ETF (IWL): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. It has amassed assets over $895.70 million, making it one of the larger ETFs attempting to match the Large Cap Blend segment of the US equity market.
Click to get this free report iShares Russell Top 200 ETF (IWL): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.88% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). You should consider the iShares Russell Top 200 ETF (IWL), a passively managed exchange traded fund launched on 09/22/2009.
Click to get this free report iShares Russell Top 200 ETF (IWL): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.88% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Alternatives IShares Russell Top 200 ETF carries a Zacks ETF Rank of 3 (Hold), which is based on expected asset class return, expense ratio, and momentum, among other factors.
Click to get this free report iShares Russell Top 200 ETF (IWL): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report SPDR S&P 500 ETF (SPY): ETF Research Reports iShares Core S&P 500 ETF (IVV): ETF Research Reports To read this article on Zacks.com click here. Looking at individual holdings, Apple Inc (AAPL) accounts for about 8.88% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). The ETF has a beta of 0.99 and standard deviation of 25.24% for the trailing three-year period, making it a medium risk choice in the space.
17885.0
2022-12-27 00:00:00 UTC
Is iShares U.S. Equity Factor ETF (LRGF) a Strong ETF Right Now?
AAPL
https://www.nasdaq.com/articles/is-ishares-u.s.-equity-factor-etf-lrgf-a-strong-etf-right-now-2
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Designed to provide broad exposure to the Style Box - All Cap Value category of the market, the iShares U.S. Equity Factor ETF (LRGF) is a smart beta exchange traded fund launched on 04/28/2015. What Are Smart Beta ETFs? The ETF industry has traditionally been dominated by products based on market capitalization weighted indexes that are designed to represent the market or a particular segment of the market. Market cap weighted indexes offer a low-cost, convenient, and transparent way of replicating market returns, and are a good option for investors who believe in market efficiency. On the other hand, some investors who believe that it is possible to beat the market by superior stock selection opt to invest in another class of funds that track non-cap weighted strategies--popularly known as smart beta. This kind of index follows this same mindset, as it attempts to pick stocks that have better chances of risk-return performance; non-cap weighted strategies base selection on certain fundamental characteristics, or a mix of such characteristics. Even though this space provides many choices to investors--think one of the simplest methodologies like equal-weighting and more complicated ones like fundamental and volatility/momentum based weighting--not all have been able to deliver first-rate results. Fund Sponsor & Index LRGF is managed by Blackrock, and this fund has amassed over $1.15 billion, which makes it one of the largest ETFs in the Style Box - All Cap Value. This particular fund seeks to match the performance of the MSCI USA Diversified Multiple-Factor Index before fees and expenses. The STOXX U.S. Equity Factor Index composes of U.S. large and mid-capitalization stocks that have favourable exposure to target style factors subject to constraints. Cost & Other Expenses Expense ratios are an important factor in the return of an ETF and in the long-term, cheaper funds can significantly outperform their more expensive cousins, other things remaining the same. Operating expenses on an annual basis are 0.08% for this ETF, which makes it one of the least expensive products in the space. The fund has a 12-month trailing dividend yield of 1.78%. Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk. And, most ETFs are very transparent products that disclose their holdings on a daily basis. LRGF's heaviest allocation is in the Information Technology sector, which is about 27.20% of the portfolio. Its Healthcare and Financials round out the top three. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.62% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Its top 10 holdings account for approximately 23.12% of LRGF's total assets under management. Performance and Risk The ETF has lost about -14.47% so far this year and is down about -13.09% in the last one year (as of 12/27/2022). In the past 52-week period, it has traded between $36.22 and $46.80. LRGF has a beta of 0.97 and standard deviation of 25.66% for the trailing three-year period, which makes the fund a medium risk choice in the space. With about 311 holdings, it effectively diversifies company-specific risk. Alternatives IShares U.S. Equity Factor ETF is an excellent option for investors seeking to outperform the Style Box - All Cap Value segment of the market. There are other ETFs in the space which investors could consider as well. Dimensional U.S. Targeted Value ETF (DFAT) tracks ---------------------------------------- and the iShares Core S&P U.S. Value ETF (IUSV) tracks S&P 900 Value Index. Dimensional U.S. Targeted Value ETF has $7.32 billion in assets, iShares Core S&P U.S. Value ETF has $12.67 billion. DFAT has an expense ratio of 0.29% and IUSV charges 0.04%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the Style Box - All Cap Value. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 iShares U.S. Equity Factor ETF (LRGF): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Targeted Value ETF (DFAT): 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.
Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.62% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Click to get this free report iShares U.S. Equity Factor ETF (LRGF): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Designed to provide broad exposure to the Style Box - All Cap Value category of the market, the iShares U.S. Equity Factor ETF (LRGF) is a smart beta exchange traded fund launched on 04/28/2015.
Click to get this free report iShares U.S. Equity Factor ETF (LRGF): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.62% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Designed to provide broad exposure to the Style Box - All Cap Value category of the market, the iShares U.S. Equity Factor ETF (LRGF) is a smart beta exchange traded fund launched on 04/28/2015.
Click to get this free report iShares U.S. Equity Factor ETF (LRGF): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.62% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Sector Exposure and Top Holdings It is important to delve into an ETF's holdings before investing despite the many upsides to these kinds of funds like diversified exposure, which minimizes single stock risk.
Click to get this free report iShares U.S. Equity Factor ETF (LRGF): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares Core S&P U.S. Value ETF (IUSV): ETF Research Reports Dimensional U.S. Looking at individual holdings, Apple Inc (AAPL) accounts for about 6.62% of total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Designed to provide broad exposure to the Style Box - All Cap Value category of the market, the iShares U.S. Equity Factor ETF (LRGF) is a smart beta exchange traded fund launched on 04/28/2015.
17886.0
2022-12-27 00:00:00 UTC
Alphabet (GOOGL) Enhances YouTube With Recent Features
AAPL
https://www.nasdaq.com/articles/alphabet-googl-enhances-youtube-with-recent-features
nan
nan
Alphabet’s GOOGL division Google is leaving no stone unturned to add features to its online video-streaming service, YouTube. This is evident from the fact that the company recently added new capabilities to YouTube to provide an enhanced experience to users. YouTube users having an official artist channel can manually show comments on Art Tracks on their channel. They can either allow all comments or hold potentially inappropriate comments for review from YouTube settings. With the recent feature, Google aims to boost user engagement of official artist channels. This is expected to increase the adoption rate of YouTube in the days ahead. This is expected to aid the performance of Google Services segment which contributes the most to Alphabet’s top line. Revenues from the Google services business increased 2.5% year over year to $61.4 billion, accounting for 88.8% of the total third quarter revenues. Alphabet Inc. Price and Consensus Alphabet Inc. price-consensus-chart | Alphabet Inc. Quote Growing YouTube Initiatives Apart from the recent move, Alphabet introduced handles for YouTube channels to support creators in establishing their distinct presence and brand on YouTube. Alphabet is further gearing up for bringing a redesigned YouTube video screen to aid users with an improved video-streaming experience. GOOGL announced two updates on its YouTube Partner Program to let users easily join YouTube and make money from the platform, mainly from YouTube Shorts. Alphabet also introduced a Creator Music catalog for adding tracks to videos. With consistent efforts, Alphabet remains well poised to rapidly penetrate the booming global video-streaming market. Per a Precedence Research report, the underlined market is expected to reach $1.7 trillion by 2030, seeing a CAGR of 18.5% between 2022 and 2030. Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Apple AAPL, Amazon AMZN and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. Apple, which has lost 25.8% in the year-to-date period, is continuously witnessing solid momentum across its video-streaming platform, Apple TV. Apple’s growing interest in sports streaming remains a major positive. Recently, AAPL signed a multi-year agreement with Nike to create and produce sports movies. Further, its growing original and regional content portfolio is helping it expand its user base. Amazon is gaining traction among customers on the back of its video on-demand service, Prime Video. Prime Video offers movies, TV series and exclusive Amazon Originals, keeping users glued to its platform. Shares of Amazon have been down 48.8% in the year-to-date period. Netflix is riding on its diversified content portfolio, attributable to heavy investments in the production and distribution of localized and foreign-language content. Recently, NFLX expanded its partnership with Dark Horse Entertainment. Per the terms of the deal, Dark Horse will continue to give Netflix a first look at its IP for both film and TV. Netflix has lost 51.1% year to date. We believe Apple, Amazon and Netflix’s growing initiatives in this potential market is likely to remain a threat to Alphabet’s market position. Shares of GOOGL have been down 38.4% in the year-to-date period, outperforming the Computer and Technology sector’s decline of 36.1%. Currently, Alphabet carries a Zacks Rank #4 (Sell). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 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 +24.8% 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 Alphabet Inc. (GOOGL) : 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.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Apple AAPL, Amazon AMZN and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. Recently, AAPL signed a multi-year agreement with Nike to create and produce sports movies. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Apple AAPL, Amazon AMZN and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. Recently, AAPL signed a multi-year agreement with Nike to create and produce sports movies.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Apple AAPL, Amazon AMZN and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here. Recently, AAPL signed a multi-year agreement with Nike to create and produce sports movies.
Competitive Scenario In this upbeat scenario, Alphabet faces intense competitive pressure from the likes of Apple AAPL, Amazon AMZN and Netflix NFLX, who are making strong efforts to expand their market share in the video-streaming space. Recently, AAPL signed a multi-year agreement with Nike to create and produce sports movies. 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 Alphabet Inc. (GOOGL) : Free Stock Analysis Report To read this article on Zacks.com click here.
17887.0
2022-12-26 00:00:00 UTC
Apple Japan hit with $98 mln in back taxes- Nikkei
AAPL
https://www.nasdaq.com/articles/apple-japan-hit-with-%2498-mln-in-back-taxes-nikkei
nan
nan
Dec 26 (Reuters) - Apple Inc's AAPL.O Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported on Monday citing sources. According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller. Japan allows tourists staying less than six months to buy items without paying the 10% consumption tax, but the exemption does not apply to purchases for the purpose of resale. Apple Japan is believed to have filed an amended tax return according to Nikkei. The company did not respond to a Reuters' request for comment on the report. The iPhone maker's Chief Executive Officer Tim Cook visited Japan earlier this month and announced that the company had invested more than $100 billion in its Japanese supply network over the last five years. ($1 = 132.9000 yen) (Reporting by Akanksha Khushi in Bengaluru; Editing by Chizu Nomiyama) ((Akanksha.Khushi@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Dec 26 (Reuters) - Apple Inc's AAPL.O Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported on Monday citing sources. Japan allows tourists staying less than six months to buy items without paying the 10% consumption tax, but the exemption does not apply to purchases for the purpose of resale. The iPhone maker's Chief Executive Officer Tim Cook visited Japan earlier this month and announced that the company had invested more than $100 billion in its Japanese supply network over the last five years.
Dec 26 (Reuters) - Apple Inc's AAPL.O Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported on Monday citing sources. According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller. Apple Japan is believed to have filed an amended tax return according to Nikkei.
Dec 26 (Reuters) - Apple Inc's AAPL.O Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported on Monday citing sources. According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller. ($1 = 132.9000 yen) (Reporting by Akanksha Khushi in Bengaluru; Editing by Chizu Nomiyama) ((Akanksha.Khushi@thomsonreuters.com;)) The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Dec 26 (Reuters) - Apple Inc's AAPL.O Japan unit is being charged 13 billion yen ($97.82 million) in additional taxes by Tokyo for bulk sales of iPhoneS and other Apple devices to foreign tourists that were incorrectly exempted from the consumption tax, Nikkei reported on Monday citing sources. According to the newspaper, bulk purchases of iPhones by foreign shoppers were discovered at some Apple stores with at least one transaction involving an individual buying hundreds of handsets at once and the store missed taxing at least one possible reseller. The company did not respond to a Reuters' request for comment on the report.
17888.0
2022-12-26 00:00:00 UTC
Apple Stock: Bear vs. Bull
AAPL
https://www.nasdaq.com/articles/apple-stock%3A-bear-vs.-bull-1
nan
nan
Apple (NASDAQ: AAPL) is the household name to end all household names. The iPhone maker has been around for decades, growing into the most valuable stock on the market with a market cap of $2.1 trillion. That's a 13-digit number, folks. Not every investor owns Apple shares, though it's safe to say that most of us have at least considered picking up a share or two of the Cupertino giant. But if everyone agreed in unison on Apple's long-term business prospects and financial health, the stock would never move and you'd never gain or lose any money by holding it. That's not how investing works. So let's take a look at the pros and cons of buying Apple stock in the current market. Investment decisions should be made with a clear head and a rich understanding of the stock you're buying. Whether you walk away from this analysis with an urge to hit that buy button, or you end up wanting nothing to do with this particular stock, I've done my job as long as you gained a deeper understanding of this massive company. The bull case for Apple Now, I know you might be wondering, "Why would I want to invest in a tech company in 2022? That sounds risky!" But hear me out, because there are several reasons Apple might be a good investment. First of all, it's a financially strong company. It has a long track record of profitability and consistently generates high revenue and profits. It also has a strong balance sheet, with $156.4 billion of global cash reserves and a lower debt balance of $111.8 billion. This means that it has the resources and financial stability to weather any storms that might come its way over the next few years. Another reason to consider Apple is its diversified product line. The company offers a wide range of products, including popular items like the iPhone, iPad, Mac, Apple Watch, and AirPods. This diversification helps to reduce the risk associated with investing in Apple. If one product doesn't do well, the company has others to fall back on. In addition to its financials and its product line, Apple also has a strong brand reputation. People around the world know and trust its brand, which helps to drive customer loyalty and attract new customers. So, to sum up, Apple is a financially strong company with a diversified product line and a solid brand reputation, as well as a creative reputation. These are all factors that make it a potentially attractive investment option. Furthermore, the stock isn't terribly expensive right now, trading at 21.6 times trailing earnings and 19.3 times free cash flow. AAPL data by YCharts. The bear case against Apple Now you might be thinking, "Apple is a big and successful company, so it must be a safe investment, right?" Well...not exactly. Even this business titan comes with some challenges and risks to be aware of. One risk to consider is Apple's dependence on the iPhone. A whopping 52% of the company's revenue in its fiscal year 2022 came from selling iPhone products. The smartphone's business value becomes even more significant when you consider the ecosystem of accessories, services, and apps that revolves around the phone. As a result, if the demand for iPhones decreases or the company runs into production issues, it could negatively impact Apple's financial performance. Another risk is intense competition in the tech industry. Apple's rivals include other tech giants and start-ups, particularly in the smartphone market. This competition could lead to pricing pressure and margin erosion, negatively affecting the bottom line. Apple also relies on key suppliers to manufacture its products. If there are issues with those suppliers, that could impact the company's ability to produce and sell its products. For example, a COVID-19 outbreak in Zhengzhou, China, limited the production of the iPhone 14 Pro and 14 Pro Max this fall. So, while Apple might seem like a safe and stable investment at first glance, there are actually some concerns to be aware of. Many of them apply to the entire stock market, or at least to the consumer electronics market as a whole. However, a few key issues, such as the heavy reliance on iPhone sales, are unique to Apple. Those are the pros and cons of owning Apple stock. As with any investment, it's important to thoroughly research and carefully consider the potential risks and rewards before making a decision. And as always, don't forget to diversify your portfolio to spread risk, and not rely too heavily on any one investment -- not even mighty Apple. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Anders Bylund has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Apple. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
Apple (NASDAQ: AAPL) is the household name to end all household names. AAPL data by YCharts. But if everyone agreed in unison on Apple's long-term business prospects and financial health, the stock would never move and you'd never gain or lose any money by holding it.
Apple (NASDAQ: AAPL) is the household name to end all household names. AAPL data by YCharts. So, to sum up, Apple is a financially strong company with a diversified product line and a solid brand reputation, as well as a creative reputation.
Apple (NASDAQ: AAPL) is the household name to end all household names. AAPL data by YCharts. So, to sum up, Apple is a financially strong company with a diversified product line and a solid brand reputation, as well as a creative reputation.
Apple (NASDAQ: AAPL) is the household name to end all household names. AAPL data by YCharts. First of all, it's a financially strong company.
17889.0
2022-12-26 00:00:00 UTC
Is iShares MSCI ACWI Low Carbon Target ETF (CRBN) a Strong ETF Right Now?
AAPL
https://www.nasdaq.com/articles/is-ishares-msci-acwi-low-carbon-target-etf-crbn-a-strong-etf-right-now-5
nan
nan
The iShares MSCI ACWI Low Carbon Target ETF (CRBN) made its debut on 12/08/2014, and is a smart beta exchange traded fund that provides broad exposure to the World ETFs category of the market. What Are Smart Beta ETFs? Market cap weighted indexes were created to reflect the market, or a specific segment of the market, and the ETF industry has traditionally been dominated by products based on this strategy. Investors who believe in market efficiency should consider market cap indexes, as they replicate market returns in a low-cost, convenient, and transparent way. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta. Non-cap weighted indexes try to choose stocks that have a better chance of risk-return performance, which is based on specific fundamental characteristics, or a mix of other such characteristics. While this space offers a number of choices to investors, including simplest equal-weighting, fundamental weighting and volatility/momentum based weighting methodologies, not all these strategies have been able to deliver superior results. Fund Sponsor & Index Because the fund has amassed over $830.76 million, this makes it one of the larger ETFs in the World ETFs. CRBN is managed by Blackrock. CRBN seeks to match the performance of the MSCI ACWI Low Carbon Target Index before fees and expenses. The MSCI ACWI Low Carbon Target Index is designed to address two dimensions of carbon exposure ? carbon emissions and potential carbon emissions from fossil fuel reserves. Cost & Other Expenses Cost is an important factor in selecting the right ETF, and cheaper funds can significantly outperform their more expensive cousins if all other fundamentals are the same. With one of the least expensive products in the space, this ETF has annual operating expenses of 0.20%. CRBN's 12-month trailing dividend yield is 2.06%. Sector Exposure and Top Holdings Even though ETFs offer diversified exposure which minimizes single stock risk, it is still important to look into a fund's holdings before investing. Luckily, most ETFs are very transparent products that disclose their holdings on a daily basis. When you look at individual holdings, Apple Inc (AAPL) accounts for about 4.60% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Performance and Risk The ETF has lost about -19.19% and is down about -18.29% so far this year and in the past one year (as of 12/26/2022), respectively. CRBN has traded between $126.30 and $174.82 during this last 52-week period. CRBN has a beta of 0.94 and standard deviation of 23.52% for the trailing three-year period, which makes the fund a low risk choice in the space. With about 1298 holdings, it effectively diversifies company-specific risk. Alternatives IShares MSCI ACWI Low Carbon Target ETF is a reasonable option for investors seeking to outperform the World ETFs segment of the market. However, there are other ETFs in the space which investors could consider. IShares ESG Aware MSCI EAFE ETF (ESGD) tracks MSCI EAFE ESG Focus Index and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index. IShares ESG Aware MSCI EAFE ETF has $6.73 billion in assets, iShares ESG Aware MSCI USA ETF has $19.63 billion. ESGD has an expense ratio of 0.20% and ESGU charges 0.15%. Investors looking for cheaper and lower-risk options should consider traditional market cap weighted ETFs that aim to match the returns of the World ETFs. Bottom Line To learn more about this product and other ETFs, screen for products that match your investment objectives and read articles on latest developments in the ETF investing universe, please visit Zacks ETF Center. 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 iShares MSCI ACWI Low Carbon Target ETF (CRBN): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): 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.
When you look at individual holdings, Apple Inc (AAPL) accounts for about 4.60% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). Click to get this free report iShares MSCI ACWI Low Carbon Target ETF (CRBN): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. However, some investors believe in the possibility of beating the market through exceptional stock selection, and choose a different type of fund that tracks non-cap weighted strategies: smart beta.
Click to get this free report iShares MSCI ACWI Low Carbon Target ETF (CRBN): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. When you look at individual holdings, Apple Inc (AAPL) accounts for about 4.60% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). IShares ESG Aware MSCI EAFE ETF (ESGD) tracks MSCI EAFE ESG Focus Index and the iShares ESG Aware MSCI USA ETF (ESGU) tracks MSCI USA ESG Focus Index.
Click to get this free report iShares MSCI ACWI Low Carbon Target ETF (CRBN): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. When you look at individual holdings, Apple Inc (AAPL) accounts for about 4.60% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). The iShares MSCI ACWI Low Carbon Target ETF (CRBN) made its debut on 12/08/2014, and is a smart beta exchange traded fund that provides broad exposure to the World ETFs category of the market.
Click to get this free report iShares MSCI ACWI Low Carbon Target ETF (CRBN): ETF Research Reports Amazon.com, Inc. (AMZN) : Free Stock Analysis Report Apple Inc. (AAPL) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report iShares ESG Aware MSCI EAFE ETF (ESGD): ETF Research Reports iShares ESG Aware MSCI USA ETF (ESGU): ETF Research Reports To read this article on Zacks.com click here. When you look at individual holdings, Apple Inc (AAPL) accounts for about 4.60% of the fund's total assets, followed by Microsoft Corp (MSFT) and Amazon Com Inc (AMZN). The iShares MSCI ACWI Low Carbon Target ETF (CRBN) made its debut on 12/08/2014, and is a smart beta exchange traded fund that provides broad exposure to the World ETFs category of the market.
17890.0
2022-12-26 00:00:00 UTC
Warren Buffett vs. the Market: What It Means for Investors
AAPL
https://www.nasdaq.com/articles/warren-buffett-vs.-the-market%3A-what-it-means-for-investors
nan
nan
It's been a challenging year for investors, but as we prepare to turn the calendar to 2023, this would be a good time to pause and reflect on what investments might work next year. And there are few better places to look for inspiration than in the portfolio of Warren Buffett's Berkshire Hathaway (NYSE: BRK.B) (NYSE: BRK.A). The legendary investor's portfolio is as concentrated as ever, and unlike many professional money managers, he's not weighting it in line with the S&P 500's sector weights. Here are three conclusions for investors drawn from looking at the contrasts between Berkshire Hathaway's portfolio and the S&P 500. Berkshire Hathaway's holdings versus the S&P 500 Let's start by looking at Berkshire Hathaway's holdings by sector compared to the S&P 500 by sector weighting. The conglomerate's portfolio is overweight in information technology, finance, energy, and consumer staples. It's significantly underweight in consumer discretionary, healthcare, industrials, telecommunications, utilities, materials, and real estate. Data sources: Berkshire Hathaway SEC filings, S&P Global. Chart by authot 1. Don't stress about the Federal Reserve and the interest rate cycle The first conclusion I draw from what's been happening with the Berkshire Hathaway portfolio is that it doesn't look like Buffett is playing the game of trying to guess the Federal Reserve's next move on interest rates. Rightly or wrongly, markets are always volatile during rate-hiking/fiscal-tightening cycles. Traders pore over the minutiae of every Federal Open Market Committee report and parse every public utterance made by the Federal Reserve governors to guess their next moves. In such an environment, it's reasonable for money managers to turn defensive and buy into "safe" sectors such as healthcare, consumer staples, and utilities. Yet Berkshire Hathaway remains underweight in healthcare, and Buffett hasn't put new money into utilities in recent years.Meanwhile, the share of the portfolio in consumer staples is lower now than it's been over the last few years. Meanwhile, its overweight position in financials (an interest rate-sensitive sector) remains in place. All told, there's no hard evidence to suggest Buffett is micro-adjusting his portfolio to guess where interest rates are heading over the near term. 2. Go big on companies you believe in The portfolio's overweight position in information technology sticks out a mile. Still, that comes down to its one massive position in Apple (NASDAQ: AAPL), which represented around 42% of the value of the overall equity portfolio as of the end of the third quarter. While taking such a "farm bet" on one stock is probably not the best choice for retail investors, the company's Apple stake highlights the benefits of holding onto shares of companies with dominant market positions and strategies in place fully take advantage of them. Apple has a 55% share of the smartphone market in the U.S. and a 16% share worldwide. Best known for its iconic hardware products (the iPhone, iPad, Macs, and Apple Watch, among others), it continues to further monetize its valuable brand by growing its subscription services offerings. Apple's services revenue grew by 14.2% to $78.1 billion in 2022 compared to product sales growth of 6.3% to $316 billion. The strong business moat and cash-generating potential of its increasing services revenue, coupled with a free-cash-flow yield above 5% (which implies that Apple could potentially pay a dividend yielding 5% and still keep growing) is a compelling investment case, and it's enough to make Buffett go big on one stock. Data by YCharts. 3. Oil and natural gas still have significant roles to play Berkshire Hathaway's overweight position in energy is almost entirely comprised of its positions in Chevron (NYSE: CVX) and Occidental Petroleum. Its Chevron stake now represents over 8% of the portfolio -- and would on its own be enough to make the conglomerate overweight in energy. Despite the considerable attraction of its fortress-like balance sheet, its downstream (refining and distribution) activities, and its investment in lower carbon activities, Chevron is, for now, still essentially a play on the price of oil. Data by YCharts. As such, Buffett's overweight position in the stock and the energy sector suggests to investors that the oil and natural gas sector should remain attractive in 2023. All told, a practical investing framework for 2023 would be to avoid being pushed around by speculation over where we are in the interest rate cycle, be willing to invest in well-run businesses that you believe in, and not be afraid to buy into the energy sector. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Lee Samaha 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 the following options: long January 2023 $200 calls on Berkshire Hathaway, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, and short March 2023 $130 calls on 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.
Still, that comes down to its one massive position in Apple (NASDAQ: AAPL), which represented around 42% of the value of the overall equity portfolio as of the end of the third quarter. In such an environment, it's reasonable for money managers to turn defensive and buy into "safe" sectors such as healthcare, consumer staples, and utilities. Yet Berkshire Hathaway remains underweight in healthcare, and Buffett hasn't put new money into utilities in recent years.Meanwhile, the share of the portfolio in consumer staples is lower now than it's been over the last few years.
Still, that comes down to its one massive position in Apple (NASDAQ: AAPL), which represented around 42% of the value of the overall equity portfolio as of the end of the third quarter. Yet Berkshire Hathaway remains underweight in healthcare, and Buffett hasn't put new money into utilities in recent years.Meanwhile, the share of the portfolio in consumer staples is lower now than it's been over the last few years. As such, Buffett's overweight position in the stock and the energy sector suggests to investors that the oil and natural gas sector should remain attractive in 2023.
Still, that comes down to its one massive position in Apple (NASDAQ: AAPL), which represented around 42% of the value of the overall equity portfolio as of the end of the third quarter. Berkshire Hathaway's holdings versus the S&P 500 Let's start by looking at Berkshire Hathaway's holdings by sector compared to the S&P 500 by sector weighting. Don't stress about the Federal Reserve and the interest rate cycle The first conclusion I draw from what's been happening with the Berkshire Hathaway portfolio is that it doesn't look like Buffett is playing the game of trying to guess the Federal Reserve's next move on interest rates.
Still, that comes down to its one massive position in Apple (NASDAQ: AAPL), which represented around 42% of the value of the overall equity portfolio as of the end of the third quarter. Yet Berkshire Hathaway remains underweight in healthcare, and Buffett hasn't put new money into utilities in recent years.Meanwhile, the share of the portfolio in consumer staples is lower now than it's been over the last few years. As such, Buffett's overweight position in the stock and the energy sector suggests to investors that the oil and natural gas sector should remain attractive in 2023.
17891.0
2022-12-26 00:00:00 UTC
The Media Industry Is Handing Apple and Amazon a Big Opportunity
AAPL
https://www.nasdaq.com/articles/the-media-industry-is-handing-apple-and-amazon-a-big-opportunity
nan
nan
Television producers are finding it harder to sell their series to almost everyone in the media industry. Just two companies ordered more scripted series in the second half of 2022: Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). As the pressure grows for traditional media companies to start generating profits from their streaming services and old hats like Netflix (NASDAQ: NFLX) look to reinvigorate subscriber growth, the demand for new series has fallen considerably. Overall, new scripted series orders aimed at U.S. audiences fell 24% year over year, according to Ampere Analysis. That may be a huge opportunity for Apple and Amazon to snatch up new series at better prices. A big advantage in streaming video Apple and Amazon probably aren't the first companies you think of when you think about new TV series and the media industry. Both companies have sizable businesses outside their streaming video endeavors. Those businesses produce billions of dollars in free cash flow and operating income, or at least have the capability to do so. So, producing a loss on video streaming isn't going to have a massive impact on either company's bottom line. What's more, if the companies can show a positive impact on other parts of the business, it can be well worth losing a bit of money on streaming. Meanwhile, Netflix and other media companies pushing into streaming make money primarily by selling video content. It's extremely important that they show a path toward growing profits directly from streaming to appease investors. That's why Walt Disney (NYSE: DIS) investors punished the stock when it showed a massive loss on the streaming business and put pressure on it to turn a profit on Disney+ by the end of 2024, as management promised. The media industry is facing a challenging environment right now. Advertising spend growth is slow, and it's actually declining on legacy linear television networks. The industry is also facing cord-cutting, and theatrical releases still aren't generating the box-office sales many have expected. Even big blockbusters like Disney's Avatar sequel failed to meet expectations. Meanwhile, streaming competition and economic uncertainty has made the fight for direct-to-consumer subscribers more difficult. As companies attempt to raise prices, they may find significant price sensitivity among their subscriber bases. The ability of Apple and Amazon to continue spending amid a downturn in the media industry is a significant advantage, but investors may have to wait a while to see the impact. Coming down the pipeline Greenlighting a series today means consumers won't see its premiere for months, sometimes more than a year. In other words, the advantageous positions of Amazon and Apple won't make themselves clear until sometime next year, likely in the second half. That's when all the series the two companies approved for development over the last few months will start showing up on their streaming services. Meanwhile, the competition won't see very many new series premieres at all. One of the top reasons consumers subscribe to a new streaming service is if they have a specific title they want to watch. As Amazon and Apple see more premieres, they get more shots at grabbing viewers' attention. That could lead to them gaining an outsized share of signups next year as consumers continue to switch between streaming services. For Amazon, more Prime Video viewers likely means more Prime subscribers. The company's membership program is a boon to its retail business. Prime members are more likely to search Amazon for a product first, which also benefits the company's advertising business. For Apple, success with streaming video offers yet another pathway to bring consumers into its ecosystem. What's more, the opportunity to be more efficient with content spending amid lower competition for new scripted series could help push its streaming service into profitability in and of itself. And since Apple TV+ consists primarily of original series without ongoing licensing deals, there's a lot of potential for operating leverage in the business as Apple scales. Both are set up for success thanks to their positions as outsiders in the media industry. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Adam Levy has positions in Amazon.com, Apple, Netflix, and Walt Disney. The Motley Fool has positions in and recommends Amazon.com, Apple, Netflix, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on 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.
Just two companies ordered more scripted series in the second half of 2022: Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). As the pressure grows for traditional media companies to start generating profits from their streaming services and old hats like Netflix (NASDAQ: NFLX) look to reinvigorate subscriber growth, the demand for new series has fallen considerably. That's why Walt Disney (NYSE: DIS) investors punished the stock when it showed a massive loss on the streaming business and put pressure on it to turn a profit on Disney+ by the end of 2024, as management promised.
Just two companies ordered more scripted series in the second half of 2022: Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). Meanwhile, Netflix and other media companies pushing into streaming make money primarily by selling video content. What's more, the opportunity to be more efficient with content spending amid lower competition for new scripted series could help push its streaming service into profitability in and of itself.
Just two companies ordered more scripted series in the second half of 2022: Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). As the pressure grows for traditional media companies to start generating profits from their streaming services and old hats like Netflix (NASDAQ: NFLX) look to reinvigorate subscriber growth, the demand for new series has fallen considerably. A big advantage in streaming video Apple and Amazon probably aren't the first companies you think of when you think about new TV series and the media industry.
Just two companies ordered more scripted series in the second half of 2022: Apple (NASDAQ: AAPL) and Amazon (NASDAQ: AMZN). A big advantage in streaming video Apple and Amazon probably aren't the first companies you think of when you think about new TV series and the media industry. Meanwhile, the competition won't see very many new series premieres at all.
17892.0
2022-12-25 00:00:00 UTC
7 of the Best Meme Stocks to Double Down on in 2023
AAPL
https://www.nasdaq.com/articles/7-of-the-best-meme-stocks-to-double-down-on-in-2023
nan
nan
InvestorPlace - Stock Market News, Stock Advice & Trading Tips We saw the rise of meme stocks last year, with everyone hoping to catch lightning in a bottle. Conversely, 2022 was a horrendous year for equities, especially the more speculative plays such as meme stocks. To be fair, social media-driven investments that dominated headlines last year were mostly speculative wagers. However, we have seen some of the more familiar names in the stock market dominating the social media chatter. The underlying businesses of these stocks have performed remarkably well despite the challenges posed by the current economic climate. These stocks offer hefty upside potential in what is likely to be a more conducive environment next year for investing. Having said that, the list below includes seven of the top meme stocks to invest in at this time. Ticker Company Price AAPL Apple $131.86 NFLX Netflix $294.96 DIS Walt Disney $88.01 SOFI SoFi Technologies $4.61 TSM Taiwan Semiconductor $74.89 PYPL PayPal $69.03 GM General Motors $33.83 Apple (AAPL) Source: Moab Republic / Shutterstock Apple (NASDAQ:AAPL) remains one of the top technology giants with a world-renowned brand and a robust track record of growing its top and bottom lines. The tech giant is known for introducing timeless products to its loyal consumer base, led by the iPhone franchise. This success can be attributed to Apple’s closed-loop ecosystem, which allows them to maintain high gross profit margins while creating lucrative products at premium prices. Despite news of production issues arising from COVID-19 lockdowns in China, Apple’s positioning remains incredible. Moreover, it remains the largest holding in Warren Buffet’s illustrious portfolio. Additionally, with AAPL stock down over 20% from all-time highs, it’s trading at a hefty discount for value investors. Therefore, all signs indicate this is an excellent time to invest in AAPL stock, as investors benefit from the bear market prices. Netflix (NFLX) Source: Pe3k / Shutterstock.com Despite the roadblocks this year, Netflix (NASDAQ:NFLX) remains a heavyweight in the streaming realm. Although its stock has taken a dive, Netflix still possesses a strong market presence with millions of subscribers across the globe, proving its staying power despite a less-than-perfect year. The third quarter saw an unexpected surge in net new subscribers during the third quarter when the firm added 2.4 million new subscribers. Moreover, the firm expects 4.5 million new net additions in the upcoming quarter. Recent results have given the company robust stability regarding its subscriber base. With its huge content library and a powerful brand to back it up, Netflix has placed itself at the forefront of the streaming revolution with an enviable head start over its competition. Walt Disney (DIS) Source: chrisdorney / Shutterstock The past year has been an unprecedented challenge for Walt Disney (NYSE:DIS) and its shareholders alike, but the return of Robert Iger as CEO may be just the silver lining many have been waiting for. The immediate future of DIS stock is still uncertain, but Iger’s proven track record in delivering long-term success has created a renewed sense of optimism across different industries. With Iger now firmly at the helm, it seems that DIS is poised to reclaim its spot atop the entertainment industry sooner rather than later. It’s clear that Disney has made the courageous decision to stay true to its core values throughout this difficult time, and it looks like luck is finally on its side. The firm’s long-term outlook is incredibly bright on the back of multiple growth catalysts, especially its streaming service in Disney+. The service has grown its subscriber count from 54.5 million in May 2020 to a whopping 164 million in the third quarter of 2022. Moreover, its Parks and Cruiselines segment is back with a bang delivering solid top-line growth of late. SoFi Technologies (SOFI) Source: shutterstock.com/rafapress SoFi Technologies (NASDAQ:SOFI) is a leading fintech business that operates a one-stop-shop banking platform for its users. It operates under three main segments, all of which have performed extraordinarily in recent quarters. During the third quarter, SoFi added an impressive 635,000 new products, a 69% increase from the previous year. Moreover, its revenues shot up by a tremendous 56% from the prior-year period, with 61% growth in membership numbers. This aggressive approach shows that SoFi is fully committed to comprehensively meeting its customer’s needs, making the platform a valuable asset for its customers and investors. Also, with the firm winning a bank charter recently, it’s expected to gain immensely in terms of operating margin growth down the road. Taiwan Semiconductor (TSM) Source: ToyW / Shutterstock Taiwan Semiconductor (NYSE:TSM) is a global leader in producing semiconductors and integrated circuits. The strength in the semiconductor market has allowed the firm to grow its earnings margins at an incredible pace. Moreover, TSM is preparing for a strong rebound in demand later this year. Additionally, to provide better returns for its shareholders, TSM is tightening its capital expenditure budget for next year and making business decisions that are well-aligned with shorter-term considerations. The company has taken a strategic step to offset this risk by constructing production plants in the U.S. to take advantage of the CHIPs Act and protect against changing geopolitical conditions. To add to the promising developments for the firm, Warren Buffett recently revealed his acquisition of a substantial stake in the stock. This is an invaluable endorsement that solidifies its growth potential and gives its shareholders greater assurance. PayPal (PYPL) Source: Michael Vi / Shutterstock.com PayPal (NASDAQ:PYPL) is a shining example of fintech at its best. The firm delivered robust growth due to the pandemic-led tailwinds but faltered in the current economic climate. However, the ubiquitous payment giant continues to perform well over time and innovate in the sector, which is why it’s often the first company that comes to mind while discussing fintech. Nevertheless, the platform boasts over 300 million users worldwide and is one of the largest automatic payment companies. PayPal has become popular, particularly with eCommerce, which continues to be a major growth catalyst for the foreseeable future. The increased earnings outlook should give investors cause for optimism as this behemoth continues to innovate and expand its reach. The current downturn has sunk PYPL stock to new lows, providing an attractive entry point for investors for the long haul. General Motors (GM) Source: 1take1shot / Shutterstock.com General Motors (NYSE:GM) has had an uphill battle moving the needle for its automotive business this year. Supply chain difficulties and a global decline in sales due to COVID-19 lockdowns in China have proven difficult for GM. However, the firm’s third-quarter results were mighty encouraging, with its earnings per share far ahead of expectations. GM has successfully navigated turbulent waters and can now view the future optimistically. General Motors’ fierce commitment to electric vehicles is a great sign for consumers and investors. GM’s leadership claims that profits from electric models will match those from gas-powered cars by 2025. This speedy conversion is proof of the positive outcome of its hefty $35 billion investment into electrifying its vehicle fleet. As it gets closer to fruition, General Motors has made its way onto our list of top stocks to buy on the dip and is showing all signs of becoming an industry leader in EV production. On the date of publication, Muslim Farooque did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Muslim Farooque is a keen investor and an optimist at heart. A life-long gamer and tech enthusiast, he has a particular affinity for analyzing technology stocks. Muslim holds a bachelor’s of science degree in applied accounting from Oxford Brookes University. The post 7 of the Best Meme Stocks to Double Down on in 2023 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.
Ticker Company Price AAPL Apple $131.86 NFLX Netflix $294.96 DIS Walt Disney $88.01 SOFI SoFi Technologies $4.61 TSM Taiwan Semiconductor $74.89 PYPL PayPal $69.03 GM General Motors $33.83 Apple (AAPL) Source: Moab Republic / Shutterstock Apple (NASDAQ:AAPL) remains one of the top technology giants with a world-renowned brand and a robust track record of growing its top and bottom lines. Additionally, with AAPL stock down over 20% from all-time highs, it’s trading at a hefty discount for value investors. Therefore, all signs indicate this is an excellent time to invest in AAPL stock, as investors benefit from the bear market prices.
Ticker Company Price AAPL Apple $131.86 NFLX Netflix $294.96 DIS Walt Disney $88.01 SOFI SoFi Technologies $4.61 TSM Taiwan Semiconductor $74.89 PYPL PayPal $69.03 GM General Motors $33.83 Apple (AAPL) Source: Moab Republic / Shutterstock Apple (NASDAQ:AAPL) remains one of the top technology giants with a world-renowned brand and a robust track record of growing its top and bottom lines. Additionally, with AAPL stock down over 20% from all-time highs, it’s trading at a hefty discount for value investors. Therefore, all signs indicate this is an excellent time to invest in AAPL stock, as investors benefit from the bear market prices.
Ticker Company Price AAPL Apple $131.86 NFLX Netflix $294.96 DIS Walt Disney $88.01 SOFI SoFi Technologies $4.61 TSM Taiwan Semiconductor $74.89 PYPL PayPal $69.03 GM General Motors $33.83 Apple (AAPL) Source: Moab Republic / Shutterstock Apple (NASDAQ:AAPL) remains one of the top technology giants with a world-renowned brand and a robust track record of growing its top and bottom lines. Additionally, with AAPL stock down over 20% from all-time highs, it’s trading at a hefty discount for value investors. Therefore, all signs indicate this is an excellent time to invest in AAPL stock, as investors benefit from the bear market prices.
Ticker Company Price AAPL Apple $131.86 NFLX Netflix $294.96 DIS Walt Disney $88.01 SOFI SoFi Technologies $4.61 TSM Taiwan Semiconductor $74.89 PYPL PayPal $69.03 GM General Motors $33.83 Apple (AAPL) Source: Moab Republic / Shutterstock Apple (NASDAQ:AAPL) remains one of the top technology giants with a world-renowned brand and a robust track record of growing its top and bottom lines. Additionally, with AAPL stock down over 20% from all-time highs, it’s trading at a hefty discount for value investors. Therefore, all signs indicate this is an excellent time to invest in AAPL stock, as investors benefit from the bear market prices.
17893.0
2022-12-25 00:00:00 UTC
Better Buy: Apple vs. Nvidia
AAPL
https://www.nasdaq.com/articles/better-buy%3A-apple-vs.-nvidia
nan
nan
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) were both beloved tech stocks that lost their luster over the past year. Apple's stock hit an all-time high of $180.96 in January, but it subsequently stumbled back to the $130s. Nvidia's stock closed at a record high of $333.41 last November, but it now trades in the $160s. Both stocks declined as inflation, rising interest rates, and other macro headwinds drove investors toward more conservative investments. Both companies also grappled with their own specific problems: Apple faced slower sales of iPhones and supply chain disruptions, while Nvidia struggled with the post-pandemic slowdown of the PC market. Could either of these out-of-favor tech stocks bounce back in 2023 and beyond? Let's review their tailwinds, headwinds, and valuations to decide. Image source: Getty Images. What happened to Apple? Apple's revenue and earnings per share (EPS) increased 33% and 71%, respectively, in fiscal 2021 (which ended in September 2021), after it finally entered the 5G market with its iPhone 12 family of smartphones. Its revenue and EPS rose another 8% and 9%, respectively, in fiscal 2022 even after it lapped that launch and faced new supply chain headwinds. For the full year, Apple's iPhone sales rose 7% and its Mac sales increased 14% (even as the market for Windows PCs slumped), while its Wearables, Home, and Accessories sales grew 7% as it sold more Apple Watches, AirPods, and other peripheral products. Its Services revenue also rose 14% as it locked in more than 900 million paid subscribers across its entire ecosystem. All of those growth engines offset its 8% decline in iPad sales. But fiscal 2023 will be a lot messier. Apple's main contract manufacturer, Foxconn, grappled with disruptions in November as workers at its largest iPhone plant protested its COVID-19 restrictions and unpaid bonuses. Apple already reduced its annual production target for the iPhone 14 Pro and Pro Max from 90 million to 87 million units to account for those challenges, but future protests could generate more unpredictable headwinds for Apple. Yet Apple still ended fiscal 2022 with $169 billion in cash and marketable securities, and it bought back a whopping $550 million in shares over the past decade. That strong liquidity should make Apple an appealing investment as long as rising rates continue to crush unprofitable companies with weak cash flows. Apple is also widely expected to launch a new "mixed reality" headset next year -- and that product might just generate a fresh stream of hardware revenue. Based on those expectations, analysts believe Apple's revenue and earnings will grow 3% and 2%, respectively, this year. Those growth rates are steady, but at 22 times forward earnings, Apple's stock isn't cheap yet. What happened to Nvidia? Nvidia controlled 88% of the discrete GPU market in the third quarter of 2022, according to JPR. The remaining 12% was split between Advanced Micro Devices and Intel. Its revenue and adjusted EPS soared 53% and 73%, respectively, in fiscal 2021 (which ended in January 2021). In fiscal 2022, its revenue rose another 61% as its adjusted EPS increased 78%. Most of that growth was driven by three tailwinds: Robust sales of PCs throughout the pandemic as more people worked remotely, attended online classes, and played more PC games. A growing interest in mining cryptocurrencies with gaming GPUs. Usage of more powerful GPUs in data centers to process complex machine learning and AI tasks. But in fiscal 2023, analysts expect its revenue to stay flat and for its EPS to slip by 27%. That slowdown was caused by the post-pandemic deceleration of the PC market, sluggish sales in China amid the COVID-19 lockdowns and tighter gaming restrictions, and the crypto market's decline -- which all offset its robust sales of data center GPUs. The Biden administration's ban on advanced chip sales to China, which impacts its top-tier data center chips, will exacerbate that slowdown. For fiscal 2024, analysts expect Nvidia's revenue and earnings to rise 9% and 32%, respectively, as those markets gradually stabilize. But at 38 times forward earnings, Nvidia's stock still looks a bit pricey relative to its near-term growth. But just like Apple, Nvidia still has plenty of cash. It ended its latest quarter with $2.8 billion in cash and equivalents, and it bought back $8.8 billion in shares throughout the first three quarters of fiscal 2023. That ample liquidity gives it plenty of room to develop new chips, expand into new markets, and acquire smaller companies -- even though antitrust regulators killed its proposed $40 billion takeover of SoftBank's Arm Holdings earlier this year. The obvious winner: Apple Apple faces a near-term slowdown, but its business is much better diversified and less cyclical than Nvidia's. It's also sitting on a lot more cash, its stock is cheaper, and it arguably has more options for expanding its portfolio of products and services than Nvidia. Therefore, I firmly believe Apple is a better buy than Nvidia in this challenging market for tech stocks. 10 stocks we like better than Apple When our award-winning 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 December 1, 2022 Leo Sun has positions in Apple. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, Nvidia, and SoftBank Group. The Motley Fool recommends the following options: long January 2023 $57.50 calls on Intel, long January 2025 $45 calls on Intel, long March 2023 $120 calls on Apple, short January 2025 $45 puts on Intel, and short March 2023 $130 calls on 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.
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) were both beloved tech stocks that lost their luster over the past year. Both companies also grappled with their own specific problems: Apple faced slower sales of iPhones and supply chain disruptions, while Nvidia struggled with the post-pandemic slowdown of the PC market. That strong liquidity should make Apple an appealing investment as long as rising rates continue to crush unprofitable companies with weak cash flows.
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) were both beloved tech stocks that lost their luster over the past year. Both companies also grappled with their own specific problems: Apple faced slower sales of iPhones and supply chain disruptions, while Nvidia struggled with the post-pandemic slowdown of the PC market. The Motley Fool has positions in and recommends Advanced Micro Devices, Apple, Intel, Nvidia, and SoftBank Group.
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) were both beloved tech stocks that lost their luster over the past year. For the full year, Apple's iPhone sales rose 7% and its Mac sales increased 14% (even as the market for Windows PCs slumped), while its Wearables, Home, and Accessories sales grew 7% as it sold more Apple Watches, AirPods, and other peripheral products. Therefore, I firmly believe Apple is a better buy than Nvidia in this challenging market for tech stocks.
Apple (NASDAQ: AAPL) and Nvidia (NASDAQ: NVDA) were both beloved tech stocks that lost their luster over the past year. Its revenue and EPS rose another 8% and 9%, respectively, in fiscal 2022 even after it lapped that launch and faced new supply chain headwinds. That slowdown was caused by the post-pandemic deceleration of the PC market, sluggish sales in China amid the COVID-19 lockdowns and tighter gaming restrictions, and the crypto market's decline -- which all offset its robust sales of data center GPUs.
17894.0
2022-12-25 00:00:00 UTC
Which FAANG Stock Will Be the Top Performer in 2023?
AAPL
https://www.nasdaq.com/articles/which-faang-stock-will-be-the-top-performer-in-2023
nan
nan
With less than a week to go before we turn the page on 2022, it's fair to say it's been one of the worst years for investors in a long time. The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all entered respective bear markets, with the major indexes on track to deliver their worst returns since 2008. Worse yet, the usually sure-footed FAANG stocks haven't been spared from the carnage. By "FAANG," I'm referring to: Facebook, which is now a subsidiary of Meta Platforms (NASDAQ: META) Apple (NASDAQ: AAPL) Amazon (NASDAQ: AMZN) Netflix (NASDAQ: NFLX) Google, which is now a subsidiary of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) Through the closing bell on Dec. 22, 2022, Meta, Apple, Amazon, Netflix, and Alphabet (the Class A shares, GOOGL) were respectively lower by 65%, 25%, 50%, 51%, and 39% on a year-to-date basis. Yuck! Image source: Getty Images. The FAANG stocks are all facing significant headwinds in the new year The unfortunate issue for these industry leaders is that their near-term headwinds aren't going to disappear overnight. For example, Apple has been the leader of this group, with a decline in 2022 of "only" 25%. Not only is it likely to deal with continued supply chain uncertainty tied to China's COVID-19 mitigation policies, but rapidly rising interest rates have removed its access to cheap capital. For years, Apple has leaned on ultra-low-rate debt offerings to raise capital for share repurchases. That's very unlikely to occur in 2023. Netflix is another FAANG stock that'll be facing its own set of difficult circumstances in the new year. Walt Disney recently surpassed Netflix in terms of aggregate streaming subscribers (Disney+, Hulu, and ESPN+, combined), and Netflix's aggressive international expansion has led to cash outflows or relatively minimal positive operating cash flow. At a time when valuations have come under scrutiny, Netflix's premium valuation to its cash flow stands out for all the wrong reasons. As for ad-driven businesses Meta Platforms and Alphabet, ad spending looks to take a serious hit for at least the early portion of 2023. It's not uncommon for advertisers to pare back spending when economic uncertainty arises. That's an especially big problem for Meta given that its increased spending on metaverse projects has substantially shrunk its free cash flow. Lastly, Amazon is expected to deal with weakness from its flagship e-commerce marketplace. Even though online retail sales aren't where Amazon generates most of its operating cash flow, it's the operating segment that's become the face of the company. High inflation and a potentially weaker U.S. economy bode poorly for Amazon's top revenue-producing segment in 2023. Image source: Getty Images. The best-performing FAANG stock for 2023 is likely to be... However, not even the FAANG stocks are created equally. Even though these five stocks have been industry leaders and outperformers for more than a decade, they'll likely produce very different returns next year. Among Meta, Apple, Amazon, Netflix, and Alphabet, there stands one company that has a good chance to outperform its peers in 2023. That company is Google, YouTube, and Waymo parent, Alphabet. As noted, Alphabet is almost assured of ad-spending weakness during the first half of 2023. With the Federal Reserve expected to further raise interest rates, the likelihood of a U.S. recessions grows. Ad spending tends to front-run the prospect of economic weakness. But there's another side to this coin. Though ad spending is highly cyclical, the economic cycle very much favors the patient. While recessions are an inevitable part of that cycle, they usually last for no more than a couple of quarters. By comparison, economic expansions are measured in years. Ad-price weakness for Alphabet should prove temporary. To build on this point, Alphabet is a veritable monopoly in the internet search space thanks to Google. Looking back through three years of monthly data from GlobalStats, internet search engine Google has accounted for no less than 91% of all global search share. It's pretty clear that Google gives advertisers the best chance to reach their targeted audience, which more often than not means ad-pricing power will be in Alphabet's favor. Another reason to be excited about Alphabet is because of its ancillary operating growth. Its acquisition of YouTube for $1.65 billion in 2006 looks smarter with each passing day. According to figures from DataReportal, YouTube has 2.52 billion monthly active users (MAUs), which is second among social media sties only to Facebook's slightly more than 2.9 billion MAUs. Alphabet is in the process of improving monetization for YouTube Shorts (short-form videos lasting less than 60 seconds), and should benefit immensely from landing the Sunday Ticket package from the National Football League over the next seven years. Alphabet is also benefiting from the rapid growth of cloud infrastructure service segment Google Cloud. Despite an exceptionally challenging environment for businesses of all sizes, Google Cloud reported 38% revenue growth during the third quarter from the prior-year period, and is approaching nearly $28 billion in annual run-rate revenue. That's good enough for a 9% share of global cloud infrastructure spending, based on the latest estimates from Canalys. Although this is a money-losing segment for Alphabet at the moment, cloud services have a tendency to generate considerably better margins than advertising. This operating segment has the potential to be a big-time winner for Alphabet by mid-decade, as well as offset ad-sales weakness in the short term. Lastly, Alphabet is, arguably, the best value of the bunch among the FAANG stocks. As of the end of September, the company had $116.3 billion in cash, cash equivalents, and marketable securities, compared to just $14.7 billion in long-term debt. Having more than $101 billion in net cash has its perks. It allows Alphabet to buy back its own stock as a lift to shareholders, and it ensures the company can continue to innovate without any disruption. Over the past five years, investors have willingly paid a multiple of close to 19 times cash flow to buy shares of Alphabet. But thanks to its virtual monopoly in internet search, as well as the rapid growth of its higher-margin ancillary operations, the company's operating cash flow can more than double over the next four years. Even if revenue stagnates in 2023, cash flow per share can still grow by a double-digit percentage. Based on its current share price, investors can buy into the Alphabet growth story right now for roughly 6 times Wall Street's forecast cash flow for the company in 2026. It's arguably the best and safest deal among the FAANG stocks, which makes Alphabet the logical choice to outperform in 2023. 10 stocks we like better than Alphabet When our award-winning 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 Alphabet 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 1, 2022 John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, 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. Sean Williams has positions in Alphabet, Amazon.com, and Meta Platforms. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Netflix, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on 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.
By "FAANG," I'm referring to: Facebook, which is now a subsidiary of Meta Platforms (NASDAQ: META) Apple (NASDAQ: AAPL) Amazon (NASDAQ: AMZN) Netflix (NASDAQ: NFLX) Google, which is now a subsidiary of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) Through the closing bell on Dec. 22, 2022, Meta, Apple, Amazon, Netflix, and Alphabet (the Class A shares, GOOGL) were respectively lower by 65%, 25%, 50%, 51%, and 39% on a year-to-date basis. Not only is it likely to deal with continued supply chain uncertainty tied to China's COVID-19 mitigation policies, but rapidly rising interest rates have removed its access to cheap capital. Alphabet is in the process of improving monetization for YouTube Shorts (short-form videos lasting less than 60 seconds), and should benefit immensely from landing the Sunday Ticket package from the National Football League over the next seven years.
By "FAANG," I'm referring to: Facebook, which is now a subsidiary of Meta Platforms (NASDAQ: META) Apple (NASDAQ: AAPL) Amazon (NASDAQ: AMZN) Netflix (NASDAQ: NFLX) Google, which is now a subsidiary of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) Through the closing bell on Dec. 22, 2022, Meta, Apple, Amazon, Netflix, and Alphabet (the Class A shares, GOOGL) were respectively lower by 65%, 25%, 50%, 51%, and 39% on a year-to-date basis. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Netflix, and Walt Disney. The Motley Fool recommends the following options: long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on Apple.
By "FAANG," I'm referring to: Facebook, which is now a subsidiary of Meta Platforms (NASDAQ: META) Apple (NASDAQ: AAPL) Amazon (NASDAQ: AMZN) Netflix (NASDAQ: NFLX) Google, which is now a subsidiary of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) Through the closing bell on Dec. 22, 2022, Meta, Apple, Amazon, Netflix, and Alphabet (the Class A shares, GOOGL) were respectively lower by 65%, 25%, 50%, 51%, and 39% on a year-to-date basis. Over the past five years, investors have willingly paid a multiple of close to 19 times cash flow to buy shares of Alphabet. Based on its current share price, investors can buy into the Alphabet growth story right now for roughly 6 times Wall Street's forecast cash flow for the company in 2026.
By "FAANG," I'm referring to: Facebook, which is now a subsidiary of Meta Platforms (NASDAQ: META) Apple (NASDAQ: AAPL) Amazon (NASDAQ: AMZN) Netflix (NASDAQ: NFLX) Google, which is now a subsidiary of Alphabet (NASDAQ: GOOGL)(NASDAQ: GOOG) Through the closing bell on Dec. 22, 2022, Meta, Apple, Amazon, Netflix, and Alphabet (the Class A shares, GOOGL) were respectively lower by 65%, 25%, 50%, 51%, and 39% on a year-to-date basis. Among Meta, Apple, Amazon, Netflix, and Alphabet, there stands one company that has a good chance to outperform its peers in 2023. That's right -- they think these 10 stocks are even better buys.
17895.0
2022-12-24 00:00:00 UTC
Inflation and the FTX Collapse Got These Investors Talking
AAPL
https://www.nasdaq.com/articles/inflation-and-the-ftx-collapse-got-these-investors-talking
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In this podcast, Motley Fool senior analyst Jim Gillies discusses: How inflation in the U.S. compares to other countries. Why some Nasdaq stocks have been "brutalized." Sam Bankman-Fried, co-founder of FTX, being arrested and charged with (among other things) conspiracy and securities fraud. Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp answer listeners' questions about how many stocks to own, financial aid, and saving for kids. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Walmart When our award-winning analyst team has an investing 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 Walmart 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 1, 2022 This video was recorded on Dec. 13, 2022. Chris Hill: You've got questions, we've got answers. Motley Fool Money starts now. I'm Chris Hill. Joining me from the Great White North Motley Fool Senior Analyst, Jim Gillies. Thanks for being here. Jim Gillies: Thanks for inviting me, Chris. Chris Hill: The consumer price index in November rose 0.1 percent compared to the month before. That is lower than the 0.3 percent that economists were expecting. Yes, Jim, it does feel crazy to celebrate inflation rising seven percent year over year, which is what this is year-over-year. That's pretty much what they're doing on Wall Street. Across the board, most stocks in positive territory today and I'm OK with that. Jim Gillies: Oh, absolutely OK with that. It's down a little bit. It looks like it came out of the gate pretty hot this morning about seven or 800 points, I think on the Dow, now were up only 200. I do appreciate the somewhat cynical grin that people celebrating seven percent inflation does engender. But one of the articles I was reading this morning that came from a noted financial network/website. The quote is, "Prices rose less than expected. The latest sign that the runaway inflation that has been gripping the economy is beginning to loosen up." Weimar Germany would like a word. Venezuela's on Line 2, and Zimbabwe's on Line 3. With all due respect, I know it's been difficult for some folk. I know that it's been a lot of headline ink wasted on inflation being the story of the last year. But A, I think elevated inflation was somewhat expected given the amount of stimulus money that was dropped into the economy from 2020 and 2021 and B, in no universe is seven percent or nine percent or 10 percent, whatever, is runaway inflation. It's the worst that we in North America has seen in 40 years. That is absolutely true. But I don't remember a similar amount of angst written ink being spilled for the near 15-20 years where we had effectively zero inflation. Our colleague Bill Mann likes to say, there was no inflation for about 15 years there in fact, and rates were kept so low because they were looking to try to stimulate the economy and avoid the bigger sin of deflation. I am hopeful that we have passed this bubble of elevated CPI. I look forward to getting back to a level where the central banks will be happy with interest rates and everyone can make money and everyone will be happy. Yes, the sky, in my world, is very much rose-tinted today apparently. Chris Hill: When this kind of thing happens, one thought always goes through my mind, which is OK if all these stocks are up. Again, I'm enjoying this as much as any investor's enjoying this today. But I look at this and I look at some of the some of the stocks in my portfolio and I think you're up 5, 10 percent today, but you're probably not 5, 10 percent better as a business. Are there stocks or even categories of stocks that you're looking at right now when most everything is down year to date? Are the things that you're looking at thinking to yourself, actually that makes sense? This one really should be up the amount that it's up today. Jim Gillies: As we say that I just looked at my board here and I haven't been paying much attention. But I now see the Dow is up less than 100 points and the Nasdaq is carrying the load. A little worried. I'm not worried, worried it's bad word. Wouldn't be shocked if we close down today. So there's my silly bold prediction. The ones that I think makes sense, even though I don't necessarily agree the prices are correct, is the fact that again, I mentioned the Nasdaq is up the most today, the Nasdaq, that makes sense to me because a lot of the companies on there have really been brutalized the last year, as you've mentioned, last year and a bit in fact, a lot of the really high-growth stuff arguably peaked in February 2021. We're coming up on our second anniversary of those things being taken behind the woodshed. But that makes sense to me because so much of the perceived value of those companies is really fairly far in the future. A lot of them are losing money, a lot of them are burning money, a lot of them have really high stock-based compensation and dilutive practices. But we were always promised, the growth in the future is what's going to justify paying some of the ridiculous prices that some of these things go into. When interest rates started going up in response to this inflationary pressure that was unleashed, higher interest rates means the discount rate used to discount future cash flows is also higher because discount rates are generated or created based on you take the risk-free rates, 10-year government bond and you add a risk premium for equity. We can debate whatever. Actually we won't because it's boring. But basically the distillation of the insight there is asset prices and interest rates are inversely correlated. When you start ramping your interest rates, the asset prices should fall in response. The more, shall we say, excitedly valued among this sets would fall the most, because the more of the value is perceived out in the further period and now you're just discounting that even harsher. Then the names on the Nasdaq and especially the higher-growth names on the Nasdaq, that doesn't surprise me terribly much that that's driving some of these gains. The other thing is I'd look at a lot of companies where I would perceive that they are undervalued and that's my job, is to find securities that I think are undervalued and that I also have to justify that they're undervalued. I think something is undervalued doesn't mean it is. We recommend those types of stocks. There's a couple I can see out there today that are having pretty good days that I look at and go, this makes sense because this thing has been undervalued and all the company's been doing has been creating value. The one I would name and it's only traded on the Toronto Stock Exchange, which I apologize for that. I believe there's a pink sheet listing, but a company called Stella Jones ticker symbol SJ on the Toronto Stock Exchange. Stella Jones is in the exciting business of railway ties. What my colleague Ian Butler likes to call the state tree of Nevada, that is utility poles. I know you're getting utility poles and railway ties. Stella Jones is up about three percent today. It's had a pretty good run this year. It's over $50 Canadian today, I believe it bottomed around 30. In a year that where the markets have been cruddy, frankly. This is a stock that's up by two-thirds and I think it's still undervalued anyway. Chris Hill: One other topic before I let you go, Sam Bankman-Fried, the co-founder of the cryptocurrency exchange FTX has been arrested and charged with, among other things, conspiracy to commit wire fraud, securities fraud, money laundering, and conspiracy to defraud the United States of America. When you watch this very quickly unfolding drama, what goes through your mind? Because one of the thoughts that's gone through my mind over the past week I'm not a lawyer but boy, this seems like an increasingly easy case to prosecute. Jim Gillies: You call it rapidly unfolding story. Quickly unfolding story. I'm not sure it's been quickly unfolding enough frankly I'm a little surprised it took this long based on the allegations, I'm no crypto guy and I really haven't followed a lot. I was cursorily aware of what they call them SBF before this all hit the fan, because crypto doesn't interest me because there's no cash flows and I would argue that most crypto is inherently worthless. In fact, if we were doing apropos of nothing, I might are, and it had a couple of bourbons and me, I might argue that all crypto is worthless so but no, once this started coming out and it's commingling funds between his personal hedge fund and the business and this is not look good for Mr. Bankman-Fried. I might argue that they have been relatively slow to charge him and arrest him because he seemed to be willing to give people more ammunition by his little speaking tour, he was just on with Andrew Ross Sorkin at us paid speaking gig a few weeks ago, he's been on various paid spaces, or spaces on Twitter and I'm wondering if he doesn't have any lawyers who told him, hey, the smartest thing to do is shut up, but whatever, I think Mr. Bankman-Fried is probably going to not have to worry about wardrobe choices for a few years once this is all over. Because I imagine he's going to be permanently decked out in a lovely shade of orange. That's just my suspicion and certainly the scale of the charges against him. Who has the power in this situation I know Porter's five forces bargaining power. I'm going to guess that against the United States government, I'm going to say that he has a little bit less bargaining power here and people don't really appreciate having their money evaporated in this fashion and he is going to find out that he is a small fish, I think, compared to the power of the U.S. government and I hope he has some good legal representation that's not his parents. Chris Hill: Well, as you said, and it's very much a silver lining thought, doesn't have to worry about wardrobe probably in the future. Jim Gillies, great talking to you as always. Thanks for being here. Jim Gillies: Thank you, sir. Chris Hill: How many stocks should you own and where should you keep them? Alison Southwick and Robert Brokamp answer your questions about investing, financial aid, and saving for kids. Alison Southwick: Dear bro and the true brains of the operation, Alison, how right you are. I have a brokerage account that currently holds 28 positions. Do you have a rule of thumb as to when to seek new positions or add to existing holdings. I find this decision especially hard right now where there are a lot of great stocks currently, quote, on sale. You are great and wise wisdom is thoroughly appreciated. Thanks, Fooling in Charlotte. Robert Brokamp: First of all, of course, you're right about Alison and she definitely is the person who keeps the trains on the tracks here. Secondly, we at the Fool think you should own at least 25 stocks, so you've met that threshold. However, even that may not be enough if many of your stocks are concentrated in one industry or sector so owning more than 25 is perfectly fine by me and you might throw in some index funds as well for good measure. As a rule of thumb about when to add new stocks or portfolio, I'd say you should only invest in as many companies as you can stay on top of. That will depend on your time, interest in this stuff and whether you're getting help from services such as, I don't know those offered by the Motley Fool. Once you've reached the point where you're buying stocks, but aren't really able to pay attention to the important news or the earnings reports or anything like that, then you've probably reached your capacity. Alison Southwick: Our next question comes from Brandon. I'd like to get a shared checking account for my unmarried partner and me, however, they are currently receiving financial aid for college and I make over three times their salary. The account would be a general checking account we'd use to pay bills, not money beyond enough to pay for immediate expenses would be kept there however, both paychecks would go into the account. Would this negatively impact my partners financial aid? Robert Brokamp: Well, Brandon, this is an interesting question and by interesting I mean I wasn't sure the answer, so I had my hunches, but I found conflicting answers online. I reached out to the smartest person I know on this topic and that person is Mark Kantrowitz, the author of How to Appeal for More College Financial Aid and he was also the guests on our October 11th episode discussing how to fill out the free application for federal student aid, better known as the FAFSA and here's what Mark told me via email. Joint accounts must be reported as an asset on the FAFSA based on the account balance as of the date the FAFSA is filed so if the account does not specify otherwise, the split is assumed to be equal, so 50 percent each in the case of two account owners. Now note that this is for a real joint account, so if someone merely has signatory power over an account that is owned by someone else, it is not reported as an asset. Now since both paychecks are deposited into the account and one paycheck is three times the other. You might want to have a written agreement that specifies the split of the account value. Or alternatively, you could just empty the bank account the day before the FAFSA is filed and generate a printout from the website to demonstrate little or no value remaining in the account. Now that's assets. What about income? Mark says that a joint account does not in of itself caused an unmarried partners income to be reported as income on the FAFSA. But if the couple lives in a common law marriage state, they should be careful to make sure that they do not satisfy the requirements for a common law marriage. Then finally, Mark said that he doesn't recommend using joint accounts because either account owner can basically just take all the money, especially after they break up and I have to say I agree with them, the potential problems and complications likely outweigh the benefits of having a joint account. Alison Southwick: Our next question comes from Anouch. I am a big fan of the show and really appreciate all the knowledge you have given. Thanks. I'm glad, it has helped. I am 31 years old and have a taxable brokerage account in a Roth IRA. My brokerage account is mainly stocks. The Roth IRA is a target date fund and a few stocks. I'm considering adding more stocks to my Roth IRA, but I want to add a stock that I've already bought and held in my brokerage account. My thought is that the only difference is that the stocks potential gains in the Roth IRA would be tax-free, whereas it wouldn't be the case and the brokerage account. Is there anything else I need to consider? Should I look at position sizing when combining the value in both accounts? Thank you. Foolish ones. Robert Brokamp: Thank you Anouch. Let's start by talking about what to put in your Roth so as Anouch suggests, the withdrawals are tax-free as long as you follow the rules, which are essentially that you're at least 59 and-a-half and haven't had a Roth IRA for at least five years because you want your tax-free account to grow the most. Do you use your Roth for the investments that you believe have the highest growth potential? If you think this stock fits that criteria than putting it in the Roth makes sense. Even if you already own shares in your regular brokerage account, as long as you don't own too much across all your accounts and generally we recommend that you limit a single stock to be no more than 10 percent of your entire portfolio, that you mentioned that you have a target date retirement fund and I'm generally a big fan of these that said, they tend to be very diversified, including cash and bonds so likely won't be the very best performer in a portfolio so you might ask, should you keep it in your Roth? I would say yes. If the only other option is a taxable brokerage account because these funds can be relatively tax inefficient since they produce a decent amount of income, interests, dividends, things like that and they do a good bit of rebalancing, which could generate capital gains. However, if someone has both a traditional tax-deferred and a Roth retirement account, I'd put the target date fund in the traditional account. Alison Southwick: Our next question comes from, well, it's just signed J, so we'll let you make up a name for this person. My wife and I are both professionals. I'm in the military and my wife is a CPA doing financial reporting for accompany. I am 40 and my wife is a bit younger. If asked to simplify our financial goals, we would describe the following. One, max out our 401K, two max out our IRA, three, contribute to 529 plans. We have a two-year-old and seeded his 529 with 10K and are contributing $500 a month. Four, invest in the stock market, which we don't do much of anymore as we took on the 529 plans. Numbers 1, 2, 3 are funded, but we don't usually have much leftover for Stock Market investments anymore. What are your thoughts on our overall strategy? Robert Brokamp: Well, J, it sounds like you're on the right track, especially if you've been saving for retirement since your 20s or maybe early 30s. Based on what you wrote, I'm guessing you have. Plus you're 40 and in the military, and if you've been serving since your late teens or early 20s, you're not far from being eligible for a pension if you're not already there because you become eligible after serving for 20 years. I'm guessing you're in pretty good shape, but it always makes sense, just checking with a financial planner every once a while to make sure you get that professional assessment. Now, you say that you don't have much leftover for stock market investments, but I'm guessing that you are investing in the stock market, but just in the form of maybe mutual funds or index funds. Instead of choosing between buying shares of say, Apple, or Amazon, or Microsoft, or Berkshire Hathaway, you might own little pieces of all of them through an S&P 500 index fund. It's possible that what you mean is that you don't have money left over to buy individual stocks, but you actually could do that in your IRA if it's with a discount broker. You can also do it in a Coverdell education savings account, which has similar benefits to a 529, but unlike a 529, you can buy individual stocks in a Coverdell. Or frankly, you could just do it in a regular taxable brokerage account, because frankly, these days with commission-free trades and some brokerages offering fractional shares, you can buy a stake in individual stock with as little as $5 in some cases, so you could start really small, but then build up your portfolio of individual stocks over time. Alison Southwick: Our next question comes from Pepe. From the Daily Upside, US homeowners took out 66 billion and HELOCs in Q2, according to ATTOM. They can be particularly helpful for people looking to give their homes a makeover rather than look for somewhere new to live in an increasingly unappetizing housing market. That's were the quote ends. My husband and i got approved for a 249,000 HELOC in July, but we are not planning on tapping into it. It's just a security blanket at this point. Question, does this approved amount count as having taken out a $249,000 HELOC? Because if it does, then the 66 billion-dollar figure could include a great deal of HELOCs that were open but not tapped. Thanks for all you do and really miss the old format of the answers podcasts. Thanks. Robert Brokamp: Thanks, Pepe. A home equity line of credit or HELOC, it provides ready source of cash on an as-needed basis. Usually it gives you a checkbook, and in some cases, even an ATM card, and serves as a revolving line of credit, like a credit card, but with much lower interest rates. These days, it's 7-8 percent or so for a HELOC. Now, the payments begin once you start tapping your equity. But usually for the first 5-10 years, which is known as the draw period, the loans are interest-only, but then the repayment period begins, the principal gets added and the payments jumped significantly. Some people use a HELOC to maybe do a home renovation, or pay for a wedding, or pay off credit cards, not always the best decision because you are using your home as collateral and you theoretically could lose it. Others open a HELOC just to have a backup source of emergency cash and it sounds like that's what Pepe and her husband are doing. The idea is to open the line of credit while you're employed and things are going fine. Because if you wait until you need what you may not get approved for the loan. Now to answer Pepe's question about whether that's 66 billion dollar figure is actual loans or just an amount that could potentially be borrowed. I read the release from ATTOM Data Solutions and it looks to me like actually money being borrowed, not just credit lines opened. This figure has been in the news because the amount taken out as HELOCs has grown 40 percent over the past year. Add it to a big jump in credit card debt and a big drop in the savings rate, and we're getting mounting evidence that the financial well-being for many American households seems to be going in the wrong direction. Alison Southwick: Our next question comes from Christopher. Hey, Alison and Bro, I've got three kids and since around age six, we've had conversations about companies and investing. They own shares in a few companies they understand, Skechers, Roblox, Disney, Visa, etc, but at what age can they legally have their own investment accounts? Love the show and happy early birthday, Alison. You got a great book. It's so funny when people say stuff back to us because I'm like, oh, yeah, that's right. People are listening out there. They're out there for my birthday. Robert Brokamp: Which is coming up in a few weeks, everybody. Alison Southwick: Thank you, Christopher. Robert Brokamp: Good for you, Christopher, for teaching your kids about investing. If you haven't yet, listen to our December 6 episode during which Fool contributor Brian Withers explained how he has set up as kids to be millionaires by age 40. Now, to answer your question, any kid at any age could own an investment account and it sounds like you've already opened one for your kids. The trick is that while they're minors, you or another adult, adult will have to serve as the custodian on the account. But then once they reach the age of majority in your state, which is generally 18-21 or as high as 25 in some states, the kids get total control of the account. Now, there are some pros and cons to these custodial accounts versus you just opening an account in your own name and then gifting the money to the kids when you think they're ready, and we covered those in our December 6 episode. Alison Southwick: Our last question comes from Daniel. Hello. I'm an investor who focuses a lot on cost basis. I'm wondering, under what conditions would you go above your cost basis to purchase a stock or ETF? Thank you very much for considering my question and I hope you both have a wonderful holiday and New Year, happy birthday, Alison. Can you tell I didn't read the questions before we started taping? Thank you, Daniel. Robert Brokamp: It is a nice surprise, isn't it? Alison Southwick: It is a nice surprise. Enough about me. Bro, Daniel's question. Robert Brokamp: Daniel, there's an old saying that goes something like, a stock doesn't care what you paid for it. The point being, don't focus too much on your cost basis in an investment. If it goes up after you've bought it and you still think it's attractively priced, well, feel free to buy more. On the flip side, if it drops below what you paid for it, avoid saying to yourself something like, well, just hold on until I get back to break-even. Research has shown that investors often hold onto losers for too long because they don't want to lock in the loss and feel bad about themselves. But frankly, if it's no longer a good investment, just lick their wounds and move on. Daniel, I wouldn't focus too much on cost basis except when it comes to the tax consequences of selling investments outside of retirement accounts. If an investment makes sense for your portfolio, buy it. Alison Southwick: Thank you, Bro, for answering everyone's questions. If you, our dear listeners have a question, you can email it to podcasts, that's podcasts plural, @fool.com, or you can leave is a voice mail and maybe hear your voice on the show. That number 703-254-1445. Again, email podcasts@fool.com or call 703-254-1445 and our producer, Ricky, who really keeps this show on the track. Robert Brokamp: That is the truth. Alison Southwick: Well, is the truth. I'll just drop Ricky a line. Say happy birthday to him. I don't know when his birthday is. Robert Brokamp: He's a good dude. When's your birthday, Ricky? Ricky Mulvey: January 4th. Robert Brokamp: Oh, that's coming up too, and Rick is in January too, right Rick? Rick Engdahl: January 11th. Alison Southwick: This is a Capricorn heavy show, whatever that means. Rick Engdahl: It seems like it should be more organized than it is. Robert Brokamp: I'm the token cancer here, and you probably already knew that. Chris Hill: As always, people on the program may have interest in the stocks they talk about, and the Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. I'm Chris Hill. Thanks for listening. We'll see you tomorrow. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Alison Southwick has positions in Amazon.com, Apple, Visa, and Walt Disney. Chris Hill has positions in Amazon.com, Apple, Microsoft, Roblox, Visa, and Walt Disney. Jim Gillies has positions in Amazon.com, Apple, Berkshire Hathaway, Stella-Jones, and Visa. Rick Engdahl has positions in Amazon.com, Apple, Berkshire Hathaway, Microsoft, Roblox, and Walt Disney. Ricky Mulvey has positions in Walt Disney. Robert Brokamp, CFP(R) has positions in Walt Disney. The Motley Fool has positions in and recommends Amazon.com, Apple, Berkshire Hathaway, Microsoft, Roblox, Visa, and Walt Disney. The Motley Fool recommends Skechers U.s.a. and Stella-Jones and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on 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.
Our colleague Bill Mann likes to say, there was no inflation for about 15 years there in fact, and rates were kept so low because they were looking to try to stimulate the economy and avoid the bigger sin of deflation. Even if you already own shares in your regular brokerage account, as long as you don't own too much across all your accounts and generally we recommend that you limit a single stock to be no more than 10 percent of your entire portfolio, that you mentioned that you have a target date retirement fund and I'm generally a big fan of these that said, they tend to be very diversified, including cash and bonds so likely won't be the very best performer in a portfolio so you might ask, should you keep it in your Roth? If the only other option is a taxable brokerage account because these funds can be relatively tax inefficient since they produce a decent amount of income, interests, dividends, things like that and they do a good bit of rebalancing, which could generate capital gains.
Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp answer listeners' questions about how many stocks to own, financial aid, and saving for kids. When interest rates started going up in response to this inflationary pressure that was unleashed, higher interest rates means the discount rate used to discount future cash flows is also higher because discount rates are generated or created based on you take the risk-free rates, 10-year government bond and you add a risk premium for equity. The Motley Fool recommends Skechers U.s.a. and Stella-Jones and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on Apple.
Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp answer listeners' questions about how many stocks to own, financial aid, and saving for kids. Even if you already own shares in your regular brokerage account, as long as you don't own too much across all your accounts and generally we recommend that you limit a single stock to be no more than 10 percent of your entire portfolio, that you mentioned that you have a target date retirement fund and I'm generally a big fan of these that said, they tend to be very diversified, including cash and bonds so likely won't be the very best performer in a portfolio so you might ask, should you keep it in your Roth? The Motley Fool recommends Skechers U.s.a. and Stella-Jones and recommends the following options: long January 2023 $200 calls on Berkshire Hathaway, long January 2024 $145 calls on Walt Disney, long March 2023 $120 calls on Apple, short January 2023 $200 puts on Berkshire Hathaway, short January 2023 $265 calls on Berkshire Hathaway, short January 2024 $155 calls on Walt Disney, and short March 2023 $130 calls on Apple.
Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp answer listeners' questions about how many stocks to own, financial aid, and saving for kids. Alison Southwick and Robert Brokamp answer your questions about investing, financial aid, and saving for kids. My brokerage account is mainly stocks.
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2022-12-24 00:00:00 UTC
PepsiCo's Chief Design Officer Talks About the Human Side of Innovation
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https://www.nasdaq.com/articles/pepsicos-chief-design-officer-talks-about-the-human-side-of-innovation
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Mauro Porcini is the chief design officer at PepsiCo and the author of The Human Side of Innovation: The Power of People in Love with People. Motley Fool producer Ricky Mulvey caught up with Porcini to discuss: Why investors should watch companies with great design thinkers. The strategy behind limited-edition releases. How wearables could change what we eat and drink. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than PepsiCo When our award-winning 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 PepsiCo 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 1, 2022 This video was recorded on Dec. 11, 2022. Mauro Porcini: Multiple people, the executives of these companies were asking me, what is the ROI of design? How do you quantify the value that you create for the company? So I was still at 3M, we started to work on defining this ROI. Obviously, the most powerful form of ROI is if you grow the business, it's impact on top line, bottom line, market share. But you can't quantify that just on a project. Chris Hill: I'm Chris Hill and that's Mauro Porcini. He's the Chief Design Officer at Pepsi and author of the book, The Human Side of Innovation. Ricky Mulvey caught up with Porcini to talk about how top-tier design can lead to return on investment, why more companies are offering products with limited edition releases, and one designer's vision of the future with tattoos that read your health patterns and 3D printed cookies. Ricky Mulvey: You say that a lot of companies have stepped toward design. Why do you think you see that let's say, distance between talk and action? Mauro Porcini: Well, because forget even the word design and this is one of the key points of the book. It's not even about design, but to change culture, to change approach, to do something different than what you're used to, you're familiar with, something that worked for you for a long time. All of this is risky by definition. So in this specific case of design, to embrace it in the right way, if you're not doing it already, if it's not part of your culture, if it's not part of your way of working and thinking, then by definition, it's a risk and to take that kind of risk, you need to have the right people within the organization comfortable with taking that risk. So a culture of innovation and risk-taking. Then you need to have the right know-how, the right knowledge. It's not something that you buy from the next design agency that you can hire to help you, but it's something that you need to build within the DNA, the genetic code of the company over time. This is true for design, it's true for anything else. Any radical transformation requires an evolution of the genetic code of the company especially the ones like in the case of design, they require some form of higher perceived risk. By the way, I call it perceived risk because actually not changing is eventually the bigger risk that companies take often in these kind of situations. Ricky Mulvey: It's also interesting, you've brought this up in other interviews, which it's essentially when you need to convince investment people to invest in high-quality design and you've brought up this study from McKinsey, it's called the McKinsey Design Index. One of the things I noticed in the study is the asymmetric returns in it. I think it goes back to your point of; you need to be fully committed to a design culture. What these researchers at McKinsey found are consultants, or people who put together the interview or the paper, excuse me, is there's asymmetric returns. So if you're in the top quartile of design for pretty much any industry, there's a measure of out performance you gain from that. However, there's no difference between the second quartile in the bottom quartile so if you're in the top 50 percent or the bottom 25 percent, there's not a huge difference. Why do you think design carries that kind of asymmetric return for those companies were only the top winners are rewarded? Mauro Porcini: Because you need to do it right and you need to do it holistically across the entire portfolio that you have, the entire operations of the company, the entire culture of the organization. Let me make a very, very practical, simple example. I'm just picking a company, I may take any company, but let's say Apple was deciding years ago, they had an average portfolio products. Let's assume that we're not leveraging design and design thinking. They decide all of a sudden to design the iPhone. They will design the iPhone exactly as they did design the iPhone. But they wouldn't touch the packaging, they wouldn't touch experience in retail, they wouldn't touch the service. Let's say that everything else would be average like the rest of the industry, but they will just design an amazing product. That operation would have failed. It wouldn't be the Apple that we all know, obviously. You can't invest in design and be like, well, I can't change the company from night to day, so I need to start from somewhere. Let's start with the specific product, the specific brand. Let's do one project, let's see how it goes. Tell me what is the return on investment on that project. I'll design help changing the product. When you do that, you're not understanding what design with the capital can really do for your company. You may be lucky and just redesigning the aesthetic, not even the functionality, the aesthetic of a product, you can increase the sales of the product. It happened to me 20 years ago when I entered 3M, the tech company from Minnesota, and we redesigned a line or multimedia projectors, the very first project that we did and just by redesigning the aesthetic and the little bit of the ergonomic of the product, we doubled the sales of that product line. So it can happen here and there, but the truth is that for sustainable business growth and to really build sustainable financial value for the company, you need to impact every single touchpoint of the business. Therefore, many years ago, even before I got in PepsiCo, so when I was at 3M and then in PepsiCo, multiple people, executives of these companies were asking me, what is the ROI of design? How do you quantify the value that you create for the company? So I was still at 3M, and we started to work on defining this ROI. Obviously the most powerful form of ROI is if you grow the business, it's the impact on top line, bottom line, market share. But you can't quantify that just on a project. Let me give you an example, if I work on Pepsi, and they do a series of operations on the pack, on experiences that don't generate a real relevant return for a brand of that size, for a brand that is multi-billion-dollar worth. But the impact with its effect, your overall brand and therefore increase sales and a law for the brand. In the core product they eventually didn't touch yet, that's still ROI of what I'm doing with design. But if your approach to that ROI is very myopic and you're just calculating the return of investment on that specific project, you go nowhere. Obviously, once again, it needs to be an holistic approach where you touch all the different dimensions of the brand. So, the result of the work, that I did many years ago, define a series of areas of value creation that you can identify when you do design in their ROI in the company. The first one is the impact you have in your customer relation, not the consumers, the customer being for a company like PepsiCo, the hotel chains, the restaurants, the retailers, the distribution essentially. By changing the conversation with them, by offering them the ability to envision how you can leverage your technologies, your brands, your products, to increase their business, to help their relation with their guests or the people that they serve, you change completely the relationship and the partnership therefore you build a partnership with these customers. Is not anymore, I'm coming to you to sell you stuff, I'm coming to you to co-create the future together. It's the impact on the consumer a word that I don't like to match but let's go the consumer, so everybody understands what we're talking about. Again, you can measure it, but it's easy to see it, especially today in the world of social media, is the way they talk about your brands online, in their conversations. This is obvious to everybody. When you go in your LinkedIn, you're going Instagram and you are an employee of the company, whatever position you have, the CEO or an entry-level employee and everything in-between, you observe the way the people talk about your brands, the excitement. If you think about the content that we create as design organization of PepsiCo, we have 100 percent positive sentiment. This is unique, 100 percent positive sentiment. When we post outdoor PepsiCo design Instagram account or when I post out on my social media content related to PepsiCo design, the sentiment is positive because people understand. The people out there feel, they were driven by really creating value, by really, that human centricity, you see that they're sincere, that these bunch of designers and this design driven approach is human-centered for real. We're not here to just generate profit for the company and financial value for the company, eventually not caring about the quality of what we're offering you. People feel that what excites us as designers and human center organization is to deliver value. Then yes, of course, we know how to build business value as well through that human value. This is the second dimension, I could go on and on, but very quickly it's impact on your innovation pace and the ability to generate innovative ideas that you can quantify multiple ways patterns, for instance, trademarks and many other things. It's the impact on corporate reputation, it's the impact on cost of the product, it's the impact on cost of the process and so on, so forth. Ricky Mulvey: Yeah, 100 percent positive sentiment. Boy, does that sound like a lot? One thing I think is a part of this conversation is not just having businesses that understand the importance of design, but rather the designers understand business realities. You touched on this in your book when you were designing a Pepsi Perfect bottle to celebrate the 30th anniversary of Back to the Future 2 and the only reason it was possible for you to come up with this, I would say not the only reason, but one of the key reasons it was possible for that product to happen, which is now a collectible that sells for 200 bucks on eBay, is because there was a gap in the schedule, promotional schedules. If you didn't have that gap then you may have not been able to have that product go to market. Mauro Porcini: Yeah. Look, it was something that happened at the beginning of a journey of culture creation. As I describe in the book, it was the beginning of my PepsiCo journey. We knew that, Back to the Future, the anniversary was about to arrive. There was somebody in my team, his name is Martin Broen, he was a big fan of that movie. He came to me one day and was like, "We need to do the Pepsi perfect bottle that you see in the movie, and we need to be ready for the anniversary, that is in 2015." We're talking about the end of 2012 when we started this conversation. We started to create it and prototype it, then we started to put these prototypes on the desks of people. We tried to convince people, and there was a general excitement about that idea. But for a variety of different reasons, it was not part of the marketing agenda. What are the reasons? Well, they are the typical one that you find in a company. First of all, those marketing agendas are decided by marketing, not by designers. They own those agendas, and they follow specific deadlines, specific moments in the season, there is a Halloween, there is back-to-school, there is super bowl, there are a variety of different things. You used to work in a certain way, there was not initially the gap. There is also if you want, this is very human, they had not invented your syndrome. It is not my idea, it is your idea. It is interesting, but I'm not really interested. Long story short, and this is what I mentioned in the book and I think is very important, what changed the game was not just the gap in the agenda of the year, was the fact that the person, a marketer, a human being with a name and the last name, decided to find that gap and leverage the gap because you could have had the gap and not do anything anyway with us. It's always about people. It was the collision between myself, people in my team with a passion that were resilience, didn't give up and kept pushing. Then the kindness, division, the empathy, the ability to open his mind and listen to people different than him. Off this marketing leader, they decided to embrace that idea. We made it happen, and we launched Pepsi Perfect in the middle of the night, I think it was 4:00 AM something like. In 21st of October of 2015 was exactly the time Marty McFly went to his future and landed in the future. We drop it in amazon.com and in Walmart.com, and we sold out in seconds. We sold a lot of licensing, the caps and shirts, record sales of licensing just in one week, and there was a ha-ha moment for the company. The company realized that in this kind of operations there was value. It was the first of many that we did in a variety of different ways over the years. These operations had being very powerful because they've been generating very authentic content for us, transforming people, embracing these ideas in the best ambassadors for our brands, our products, the moment they take that idea, that experience, and they share it with the rest of the world. Ricky Mulvey: It also creates scarcity around a product that is not scarce at all. I can go to the 7-Eleven a block away from me and grab a Pepsi bottle. However, if it's in this different packaging that I remember from watching Back to the Future 2, then there's different levels of connection with it. Mauro Porcini: Yeah, then look it's not easy to do, there is a full strategy because you go from when we do limited edition packaging or limited edition products in general, you go from the ones that are almost impossible to find, they go just to influencers and in some cases, we don't even sell them, to the ones that are sold in limited quantities like Pepsi Perfect. All the way to the ones that you can find in any Walmarts in the United States, in any Target, in any Kroger, in any store. Each of them has a different design and characteristic because it's important when you are in every shelf of the united states or the world because we designed for the entire world, that you have easy navigation. For instance, of flavors, that the brand and the product is recognizable. You want the excitement, you want people to go crazy about the beauty of the pack, but you also want people to find it on shelf easily. These are problems that eventually you don't have when the number of products that you create is very-very limited. It's very interesting, not just with packaging, the same with any kind of licensing, the collaborations we do in the world of fashion, with the [Block's] Square, with Puma, with Nike, and many other brands Zara, H&M. From supper high end all the way to mass fashion depending on the channel, depending on the kind of operation, the design change completely. Even though, we're still talking about Pepsi, Cheetos, Lay's the same brand with the same identity. It's fascinating and it has been a journey also for all of us to understand the nuances of what works and what doesn't, and why we do it, why we do all of this, it makes sense today, eventually, didn't make sense too much 30 years ago. All of these activations across every touch point of the brands, excite people, build a new bond between these people and the brand. Transcending eventually the product itself, the color, the potato chips, and really creating that connection with the brand. Then once again, when you build a connection, people feel the pride, feel the desire of the instinct to share that experience with others. Then become, once again, the best possible ambassadors for these brands. Because it's not a brand anymore bragging about itself but it's your consumer or the people buying your products that are promoting the wonderful experience that they had with your brands and the products. Ricky Mulvey: I really enjoyed learning about great designers in your book and your brushes with them, especially these people who have shaped our worlds in ways we may not expect. One of those is Stefano Marzano, who I know you've had interactions with, but he's in some ways help design touchscreens and virtual reality headsets in the cloud. Hoping you can tell us a little bit about him and how he shaped our world in ways we may not expect or may not know. Mauro Porcini: Well, Stefano Marzano used to be the Head of Design of Philips in the '90s. For anybody that started the industrial design in those years around the world, especially in Europe, Stefano was a little bit of an icon to meet somebody that every young designer wanted to meet and know. Stefano, what he did in Philips, he literally shaped my approach to design. In the '90s, they were working on understanding ho society will look like 20 years later, 30 years later. Essentially, if you think about the '90s, they were thinking about how our society will look like today, in the age we're living today. What they were doing well, they were connecting designer, sociologists, marketers, people of business, together to envision first of all how society will change. How we will move, we will walk, we will play, we will take care of our health and how technologies will play a role in that society. The theory of Philips was that technologies will be embedded, hidden inside our way of leaving. But aesthetically, our society will look really similar to the one of today, is just that the product surrounding us would be smarter. Your eyewear would be smarter and will help you enter in virtual reality, what we call today the metaverse. I remember working on vision of the future. The picture of these people playing ping pong in virtual reality in front of a physical digital table, but with somebody in one place and somebody else in another place. The idea of Cloud was already there, even though they were not calling it Cloud. Your collection of CDs was in the Cloud. You didn't have a physical device anymore. We're talking about the '90s where we still add CDs. We're talking about an age where Bluetooth didn't exist, Wi-Fi didn't exist, just to give you an idea and so that was fascinating. This is what they've been trying to do since then. Think about PepsiCo today. A company like PepsiCo, you're like, well, you are the Chief Business Officer of PepsiCo, what do you do? You design pretty packaging of the products of the company, the brands of the company. While we do also that, we try to build financial value through that, but we also try to imagine where the world is going. We know that in the future, people will wake up in the morning and they will have some form of device on their skin. It could be an Apple Watch or it could be one of those patches that we launched almost two years ago with the Gatorade brand, the Gatorade Gx Patch, that monitor your skin, your sweating, the composition of your sweat. Let's say that you're going to have a smarter version of that patch, or you're going to have an Apple Watch or maybe or as we were imagining the word of Philips, you're going to have a tattoo. You're going to have something on your skin that will monitor the way you sleep in this specific case. I wake up in the morning and Alexa or Google Home will tell me, Mauro, I know you didn't sleep very well. I would be like, what are you talking about, Alexa, l thought I slept so well? No, I analyzed your sleeping patterns and they were not really good, and check this and that part. Then Alexa obviously knows my healthy history. Alexa knows also my agenda of the day. I'm going to have a very busy day, and so Alexa is going to tell the machine that I have in the kitchen to customize a drink exactly on the base of what I love. They know that I love a lemon flavor and a hot drink in the morning, but adding a series of ingredients, vitamins, magnesium, turmeric, whatever is right for me that day, on the base of what I need exactly in that moment. What Mauro needs in that moment. An analysis real-time on my body, and then an analysis of my full life and health history. Now, in the future on top of the drink, we will have the possibility also to 3D print a snack, or maybe a cookie. Then I still want to go to the restaurant and to have a good farm-to-table salad or a pasta with lobster or whatever I love, but I will have a series of snacks and drinks that will help me integrating the way I feed myself during the day in the most ideal possible way. Now, if you do this in your company, imagine your company, whatever is the industry of company, you need to do this. You need to leverage design thinkers together with your scientists, engineers, business leaders altogether, sociologists, the human scientist. With designers, envision what is the future, design it, create it, make prototypes. Then the strategy should inform your acquisition strategy, your new venture strategy and partnerships you do with companies today. What we do in PepsiCo, your quick cycle innovation strategy, so the products that you want to launch quickly, market, eventually leveraging the digital channel to test ideas, to make prototypes of products, business models, surpass different ideas of communication and branding, and then learn out of it, and then feed with those insights, the breakthrough projects that you're going to drive from within. Then the first stream of work is the real breakthrough projects, that they have some form of technological advantage. That's the ideal breakthrough projects because it's defendable in time and is sustainable in time, and is something worth investing years and resources, and taking the risk as well, because those projects obviously have a higher level of risk. Ricky Mulvey: Well, and I also imagine building trust is huge with that. I looked at the Gx Sweat Patch, which it's a one-time essentially. I don't want to call it a sticker, but a patch that looks at your sweat and then tells you what optimal blend of Gatorade you should drink to recover. I saw that and I thought like, well, I would feel a little distrustful using that because maybe this would tell me I need to drink Gatorade when the actual answer is water or a cup of coffee, that thing. I imagine that's got to be a huge hurdle, that trust barrier for designers at companies to build that vision of the wearable future that you're talking about, in addition to battery and privacy issues. Mauro Porcini: Well, look, the reality is that we'll have a series of technologies that our platform, and they will enable us having a better life. Then there are pioneers, companies, and brands that are starting to experiment with those technologies before order products and brands. Obviously, there is always the business goal of these products and brands and companies, but also the idea of advancing society and advancing the way people interact with products categories in entire industries, so the more a company, because you need companies. You can't have this technological platform just grow like mushrooms like these in society, so you need the companies to drive it. The more they do something that is relevant to people and the people start to use, the more you will build an ecosystem where other companies will arrive. They will start to compete, they will apply their technology to other fields, and the technology will start to be used in a variety of different ways, in the most possible democratic way, but to accelerate all of these, to build value for people in society, to push technology to the next frontier, you need companies that embrace that culture of innovation, that embrace the cultural love for people, that embrace the idea that you're not there just to generate profit for yourself, for your shareholders, but you're there to generate value for society, for the world, for the planet first, that's your role as a company together in line with generating business value and financial value for your shareholders and for your company a. Again, while these 20-30 years ago may have sound like a little bit naive to some, the reality is that today the world is so different. The competitive landscape is so different, is so extreme, that either you build the culture in your company of excellence, you build the culture of innovation, you build a culture of love for the people you serve, and the culture is going to drive productivity, efficiency, effectiveness and quality, or somebody else will do it on your behalf in your industry, because that is what is going to happen. Ricky Mulvey: Appreciate it. Mauro Porcini, he's the Chief Design Officer at PepsiCo. His book is The Human Side of Innovation: The Power of People in Love With People. Appreciate your time and thanks for joining us on Motley Fool Money. Mauro Porcini: Thank you. Chris Hill: As always, people on the program may have interest in the stocks they talk about, and the Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. I'm Chris Hill. Thanks for listening. We'll see you tomorrow. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Chris Hill has positions in Amazon.com, Apple, Block, Nike, PepsiCo, and eBay. Ricky Mulvey has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon.com, Apple, Block, Nike, and Walmart. The Motley Fool recommends 3m and eBay and recommends the following options: long January 2025 $47.50 calls on Nike, long March 2023 $120 calls on Apple, short January 2023 $45 calls on eBay, and short March 2023 $130 calls on 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.
Motley Fool producer Ricky Mulvey caught up with Porcini to discuss: Why investors should watch companies with great design thinkers. They know that I love a lemon flavor and a hot drink in the morning, but adding a series of ingredients, vitamins, magnesium, turmeric, whatever is right for me that day, on the base of what I need exactly in that moment. I imagine that's got to be a huge hurdle, that trust barrier for designers at companies to build that vision of the wearable future that you're talking about, in addition to battery and privacy issues.
Ricky Mulvey caught up with Porcini to talk about how top-tier design can lead to return on investment, why more companies are offering products with limited edition releases, and one designer's vision of the future with tattoos that read your health patterns and 3D printed cookies. What we do in PepsiCo, your quick cycle innovation strategy, so the products that you want to launch quickly, market, eventually leveraging the digital channel to test ideas, to make prototypes of products, business models, surpass different ideas of communication and branding, and then learn out of it, and then feed with those insights, the breakthrough projects that you're going to drive from within. The Motley Fool recommends 3m and eBay and recommends the following options: long January 2025 $47.50 calls on Nike, long March 2023 $120 calls on Apple, short January 2023 $45 calls on eBay, and short March 2023 $130 calls on Apple.
Ricky Mulvey caught up with Porcini to talk about how top-tier design can lead to return on investment, why more companies are offering products with limited edition releases, and one designer's vision of the future with tattoos that read your health patterns and 3D printed cookies. Obviously, there is always the business goal of these products and brands and companies, but also the idea of advancing society and advancing the way people interact with products categories in entire industries, so the more a company, because you need companies. They will start to compete, they will apply their technology to other fields, and the technology will start to be used in a variety of different ways, in the most possible democratic way, but to accelerate all of these, to build value for people in society, to push technology to the next frontier, you need companies that embrace that culture of innovation, that embrace the cultural love for people, that embrace the idea that you're not there just to generate profit for yourself, for your shareholders, but you're there to generate value for society, for the world, for the planet first, that's your role as a company together in line with generating business value and financial value for your shareholders and for your company a.
It's always about people. You design pretty packaging of the products of the company, the brands of the company. Now, if you do this in your company, imagine your company, whatever is the industry of company, you need to do this.
17897.0
2022-12-24 00:00:00 UTC
TikTok Concerns
AAPL
https://www.nasdaq.com/articles/tiktok-concerns
nan
nan
In this podcast, Motley Fool senior analyst Bill Mann discusses: Google and Meta Platform's collective share of the digital ad market shrinking. Amazon leading the charge in e-commerce ad players. TikTok's impact on the ad industry and whether it is "unbannable" in the U.S. In addition, Motley Fool host Alison Southwick and Motley Fool personal finance expert Robert Brokamp analyze the ins and outs of buying bonds. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks. A full transcript follows the video. 10 stocks we like better than Walmart When our award-winning analyst team has an investing 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 Walmart 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 1, 2022 This video was recorded on Dec. 20, 2022. Chris Hill: TikTok is a private company that's causing problems for some of the biggest public companies. Motley Fool Money starts now. I'm Chris Hill. Joining me today, Motley Fool senior analyst Bill Mann. Thanks for being here. Bill Mann: Hey, Chris. How are you? Chris Hill: I'm doing well. The two biggest players in digital advertising are unsurprisingly Google and Meta Platforms, but it appears that their collective bigness is getting a little smaller. According to industry analysis reported by Axios that this year, the two companies are going to bring in less than half of all digital advertising in the U.S. That's the first time since 2014 that that has happened. They are still dominant, but their dominance is coming down a little bit and there are few ripple effects I want to get to. But I think first and foremost, Bill, if you are a shareholder of either Alphabet or Meta Platforms, how concerning is this to you? Bill Mann: I would describe it as being at least partially concerning. There are two places where most of the incursions have come. The first is what very broadly is called e-commerce, but you could very specifically call it Amazon doing their own ads, and the other place is TikTok. TikTok has taken a pretty substantial market share, especially among the types of consumers that advertisers most favor. The 30 and below tend to do searches using TikTok rather than Google or Facebook or any of the other search engines, so it is a bit of a sea change. It's also important to note that it is still a rapidly growing, rapidly changing industry. So I wouldn't describe it as a four-alarm fire, but they should, in fact, wonder where that warmth is coming from. Chris Hill: I want to get to TikTok in a second. But first, one of the things we've heard and maybe it's the proximity of where we live relative to Capitol Hill. But over the past decade or so, we have heard various drumbeats around big tech monopolies. Alphabet and Meta Platforms are very much on that list. If you are working in the corporate law offices of either of these companies, are you quietly heartened by this? Because it makes the monopoly case against them a little bit harder, doesn't it? Bill Mann: Are you going with the bad news as good news argument? Chris Hill: I'm trying not to do that. Let's just go with if this is, as you said, it's not a four-alarm fire, but it's partially concerning. Is that a silver lining here? Bill Mann: Let's be clear. Neither you nor I are lawyers in general, much less antitrust lawyers, but we do have to think about this and I do want to make sure that we'd say that so that anybody who isn't antitrust lawyer out there isn't saying, well, that's not correct. But I think that probably here in the U.S., these companies being American companies have seen a fairly substantial protection against antitrust. Where they really have had to worry has been Europe, where being protective of Google, and Facebook, and Apple if you want to throw another one into the mix, there's not really been an upside to the downside. Yes, I think this actually probably gives them a little bit more of an argument, but it's called a duopoly for a reason and that reason is still that 50% of a $30 billion market is still a massive, massive market share. It may actually give them a little more cover to operate. I don't know that it gives them any cover to do what you would want companies to do in times like these when market prices are depressed, which is to go out and go shopping. I think they still would have a pretty substantial argument against being allowed to do much. Chris Hill: Let's go back to TikTok for a second because we have seen just over the past month or so a couple of state governments ban government employees from having TikTok on their devices. There is legislation moving somewhere through the United States Congress to do the same at the federal government level where. Do you see this going? If you had to bet on an outcome, what would you be betting on? Bill Mann: Man, it is inarguable to me that TikTok as the leading product of a Chinese company called ByteDance is in fact tracking us in ways that we may be incredibly uncomfortable with if we put a lot of thought into it. There are also arguments to be made that TikTok, at this point, supports so many small businesses in the U.S. that it has become unbannable, that it's something too big to fail, too big to ban. I'm not sure that I'd buy that. I do think that the argument needs to come down to one of protection and I just don't know that the will is there at this point in time to make that happen. Chris Hill: I can think of several companies that would be thrilled at the news that TikTok is -- Bill Mann: It's possible. We've talked about a couple of them. Chris Hill: I did, let's just call it a hyperlocal poll of the three younger people in my family, and I just posed to them like, "Hey, just indulge me for a second. Let's just say TikTok went away. Let's just say it went away," and of course they were immediately like, "Wait, is it going away?" I'm like, "No, just work with me. Let's just say it's going away, where would you go for short-form video?" and all three of them pointed to YouTube Shorts in part because of the way that Google and YouTube are really pushing short videos. I'm sure that's part of it, but I guess, to your point about is TikTok unbannable, that has to be part of the equation. Part of the equation for any regulator thinking about that, part of the equation has to be like, well, wait, who's going to benefit from this? Right, the big tech companies just get more dominance in a platform where they're getting their butts kicked at the moment. Bill Mann: Yeah, I think that's exactly right. I mean, I think in the short term, they would benefit. I mean, if you think about TikTok, it came out of nowhere and in an environment in which we would have already said, and it is almost always a mistake to do this to say, well, the race is over and Google and Facebook have won. The race is never over. So I would suspect that if TikTok is banned, it would be a very quick jelly doughnut-like shot in the arm for these companies in their own platforms. But people are going to congregate someplace else, and I would suspect that that someplace else isn't someone's garage right now or it is fairly low in the App Store right now and may not be something as large and an unwieldy as an Instagram or YouTube. Chris Hill: Bill Mann, always great talking to you. Thanks for being here. Bill Mann: Hey, thanks, Chris. Chris Hill: It's not just stocks that have had a rough 2022. Bonds have as well, but that means corporate debt is on sale. Robert Brokamp and Alison Southwick discussed the ins and outs of buying bonds. Alison Southwick: When the stock market drops, in our heart of hearts, we hope it will recover because it always has in the past. The problem is, we don't know exactly when, or to be honest, even if. That's because there are no guarantees with equities, and this can be pretty distressing for investors. Fortunately, there are investments that like stocks can go up and down in value, but are contractually obligated to return a certain amount of money on a certain date, and right now, many of those investments are selling at a discount. Yes, we are talking about boring old bonds. They're not nearly as exciting as stocks, but believe it or not, the bond market is actually bigger than the stock market. Partially because investors like what bonds provide: reliable income and relatively low volatility. At least that's what they usually provide. This year has been very different. The Bloomberg U.S. Aggregate Bond index has lost more than 10% in 2022, making this the worst year for the index since its inception in 1977. Robert Brokamp: Yeah. It's been a pretty rough year for bonds and thanks largely to the Federal Reserve, which has been in hiking rates since March, and when rates go up, bond prices go down because who wants to pay full price for a bond yielding 2% when I can go out and buy a new bond yielding 4%. But here's the deal. Many bonds are now trading for 90 to 95 cents on the dollar and their prices will rise as they get closer to the maturity date, which is the date that the bond holder gets the money back. They'll get the full value of the bond, otherwise known as the par value. You throw in the highest yields we've seen in over a decade and you get a decent return on a usually safe investment. Alison Southwick: I suspect most of our listeners understand that you probably shouldn't have all your money in the stock market, especially if you're close to or even in retirement. Most of us have probably seen bond funds in our 401(k). So is a mutual fund or an ETF the best way to go when it comes to buying bonds? Robert Brokamp: Yes and no. I think that's the way most people buy bonds, but buying an individual bond may be a better choice if you want to be very certain about how much interest you will receive, and how much money you'll get back in the future when the bond matures. Most people haven't spent much time buying individual bonds, so you may wonder, well, how do you do it? So you can buy individual Treasuries directly from Uncle Sam, commission-free at Treasurydirect.gov and Treasuries are considered the safest investments in the world. If you look at the bond area of your discount broker website, you'll likely see a whole inventory of Treasuries, corporate bonds, municipal bonds, and if you've never bought individual bonds before, you may see some terms you're not familiar with. So let's discuss an example. I checked one of my accounts and I see a bond that is trading with the following information. So it's offered by the Simon Property Group, which is a real estate investment trust focusing mostly on retail properties throughout the world. You'll see the name of the bond and then what you'll see are ratings from the ratings agencies, and the agencies are generally Standard and Poor's, Fitch, and Moody's. Basically, the ratings are the agency's assessment of the risks that a company will default on its bond obligations. So the ratings range from the best at AAA. That means very, very low likelihood of default, all the way down to single D, that's the lowest. That means this company is hanging on by a thread. There's also a dividing line at triple B, so anything with that rating or above is considered investment grade. Anything below that rating is considered speculative, otherwise known as junk. If you're going to buy individual bonds, I think you're best to stick with investment-grade bonds. Now, this bond from Simon Property Group is rated with a single A. That's good. It means it has likely a low risk of default, doesn't mean it can't default, but according to the ratings agencies, it's a very low-risk. Then the next thing you're going to see when you look up a bond is its coupon. This bond has a coupon of 3.3%. That is the amount of interest paid as a percentage of the bonds full or par value. The term coupon harkens back to the days when investors actually bought paper bonds with several coupons attached and to get the interest, you actually had to bring the coupon into a bank. But the coupon rate is not the current yield on the bond. Because for this bond, the price of the bond is trading at a discount. Specifically, its price is 95.8% of its par value. When you look up the price of a bond, the way they're priced is always a percentage of the par value. So what you really want to look for is the yield to maturity, which for this bond is 4.7%. That's closer to the actual return you'll receive. It's a combination of the interest payments and the increase in value of the bond as it moves back to 100% of its par value on the maturity date, which for this bond is Jan. 15th, 2026, so a little more than three years from now. Now, you're considering this bond from the Simon Property Group, you may also look at its stock, which has a dividend that is currently yielding a very impressive 6.2%. So you may wonder why buy a bond that will return below 5% when I can buy a stock with a higher yield that also has higher price appreciation potential? Of course, the answer is, you could have much more faith and the return you'll get from the bond. As long as the company is still in business, you'll definitely get the interest and a bit of price growth because it's trading at a discount over the next three years. Actually, the stock, who knows what the stock will be worth three years from now, or how much the dividend will be? Plus, if the company does go under, bondholders get paid back first and the typical recovery is about 25% to 50% of the value of the bond. Shareholders get paid last and they usually lose their entire investment. So that's just one example. As you look at the inventory of bonds offered in your brokerage account, you're going to find plenty of issues selling for 90% or less of their par value. Therefore, you'll get the growth and the income when the bond matures, assuming the issuer is still in business, and that last part is important. Even highly rated bonds can default, so diversification is just as important with the bond portfolio as it is with the stock portfolio. Alison Southwick: So yeah, diversification. A bond fund does seem like the easier option because I get instant diversification with a single investment and it also seems like a lot less work. Robert Brokamp: Yes, it is. Learning to buy individual bonds can take some work. You definitely take the time to educate yourself. Also buying bonds below or above par value in a regular taxable brokerage account, so not an IRA, can create a variety of tax issues, so you'd want to make sure you learn more before you begin your bond buying venture. You do get a ton of it diversification with a bond fund, for example, the Vanguard Total Bond Market ETF owns more than 10,000 bonds. On top of that, according to Morningstar, the weighted price of those bonds is 89% of their par values, which means most are trading at discounts. You can also look at the fund's yield to maturity, which is 4.9%. That's a helpful hint as to what the returns could be, especially when you're comparing one fund to another. But it's also a bit misleading because the fund won't actually hold all those bonds maturity. In fact, this is the primary downside of a standard bond fund. Holdings are traded in and out of the fund throughout the year, so investors don't really know how much the fund will be worth in the future. But there's a relatively new solution. Target date bond ETFs. These are funds that only own bonds that mature in the same year. While the share price of the fund will go up and down with interest rates and if you own corporate bonds also the overall economy, they tend to return to their initial net asset value or share price, or maybe even a bit higher when the ETF liquidates after all the bonds have matured, so the two main issuers of target date bond ETFs are BlackRock which calls them iShares, iBonds, and Invesco, which calls them BulletShares. Let's talk about the history of the iShares iBonds, Dec. 22, corporate bond ETFs. That's the one that is just maturing this month. Its inception was in March of 2015 at a share price of $25. It only owns corporate bonds that matured in 2022. The share price throughout the last seven years definitely moved up and down, especially during the pandemic panic of 2020. But now that we have reached the end of the maturity year of the ETF, it is returned to its $25 share price. In fact, the fund is now all cash and it soon will be disbursed its shareholders, and then the fund will cease to exist. Now, if you're looking for one to invest in now for the next few years, let's consider the iShares iBonds, December 2026 corporate bond ETF. That's one it's going to mature in four years, holds 513 bonds currently trades at $23.50, so at a discount of its initial share price, and it has a yield to maturity of 5%, because all the bonds will mature in 2026. You can feel reasonably confident that you will earn approximately 5% annualized if you hold this fund until 2026, barring some significant economic downturn that results in like a huge wave of defaults. Alison Southwick: Hey, Bro. Let's wrap this up with talking about how much should someone invest in bonds. Robert Brokamp: It's a general rule of thumb here at the Fool is that you should have 5%-10% of your portfolio out of stocks as a starting point. Once you are within a decade of retirement, maybe consider having 25% to 35% out of stocks, and then once you're retired, perhaps 35% to 45% out of stock. Of course, as always, depends on your circumstances, your risk tolerance, and whether you have other resources like a pension or something like that. That non-stock money should include both cash and bonds. For money you want to keep absolutely safe and liquid cash is still the best bet, especially with high-yield savings accounts nowadays offering 3% or higher. For money you need in the next year to actually individual Treasuries are pretty hard to beat these days. The rates are over 4.5% plus the interest is free from state taxes. Then for money you don't need for 3-5 years or longer that you want to keep out of the stock market, I think bonds are great place to consider because they are now offering the most attractive potential returns they have in well over a decade. Alison Southwick: Well, that doesn't sound so boring after all. Robert Brokamp: Glad you think so, Allison. Chris Hill: As always, people on the program may have interest in the stocks they talk about and The Motley Fool may have formal recommendations for or against, so don't buy or sell stocks based solely on what you hear. I'm Chris Hill. Thanks for listening. We'll see you tomorrow. 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. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Alison Southwick has positions in Amazon.com and Apple. Bill Mann has positions in Alphabet. Chris Hill has positions in Alphabet, Amazon.com, and Apple. Robert Brokamp, CFP(R) has positions in Vanguard Bond Index Funds-Vanguard Total Bond Market ETF. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Moody's, and Vanguard Bond Index Funds-Vanguard Total Bond Market ETF. The Motley Fool recommends Simon Property Group and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on 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.
In this podcast, Motley Fool senior analyst Bill Mann discusses: Google and Meta Platform's collective share of the digital ad market shrinking. You can feel reasonably confident that you will earn approximately 5% annualized if you hold this fund until 2026, barring some significant economic downturn that results in like a huge wave of defaults. Then for money you don't need for 3-5 years or longer that you want to keep out of the stock market, I think bonds are great place to consider because they are now offering the most attractive potential returns they have in well over a decade.
In this podcast, Motley Fool senior analyst Bill Mann discusses: Google and Meta Platform's collective share of the digital ad market shrinking. The Motley Fool has positions in and recommends Alphabet, Amazon.com, Apple, Meta Platforms, Moody's, and Vanguard Bond Index Funds-Vanguard Total Bond Market ETF. The Motley Fool recommends Simon Property Group and recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
It's been a pretty rough year for bonds and thanks largely to the Federal Reserve, which has been in hiking rates since March, and when rates go up, bond prices go down because who wants to pay full price for a bond yielding 2% when I can go out and buy a new bond yielding 4%. If you look at the bond area of your discount broker website, you'll likely see a whole inventory of Treasuries, corporate bonds, municipal bonds, and if you've never bought individual bonds before, you may see some terms you're not familiar with. While the share price of the fund will go up and down with interest rates and if you own corporate bonds also the overall economy, they tend to return to their initial net asset value or share price, or maybe even a bit higher when the ETF liquidates after all the bonds have matured, so the two main issuers of target date bond ETFs are BlackRock which calls them iShares, iBonds, and Invesco, which calls them BulletShares.
Chris Hill: I want to get to TikTok in a second. It's been a pretty rough year for bonds and thanks largely to the Federal Reserve, which has been in hiking rates since March, and when rates go up, bond prices go down because who wants to pay full price for a bond yielding 2% when I can go out and buy a new bond yielding 4%. I think that's the way most people buy bonds, but buying an individual bond may be a better choice if you want to be very certain about how much interest you will receive, and how much money you'll get back in the future when the bond matures.
17898.0
2022-12-23 00:00:00 UTC
Ex-Dividend Reminder: Armada Hoffler Properties, Apple and Toro
AAPL
https://www.nasdaq.com/articles/ex-dividend-reminder%3A-armada-hoffler-properties-apple-and-toro
nan
nan
Looking at the universe of stocks we cover at Dividend Channel, on 12/27/22, Armada Hoffler Properties Inc (Symbol: AHH), Apple Inc (Symbol: AAPL), and Toro Company (Symbol: TTC) will all trade ex-dividend for their respective upcoming dividends. Armada Hoffler Properties Inc will pay its quarterly dividend of $0.19 on 1/5/23, Apple Inc will pay its quarterly dividend of $0.1667 on 1/9/23, and Toro Company will pay its quarterly dividend of $0.34 on 1/11/23. As a percentage of AHH's recent stock price of $11.52, this dividend works out to approximately 1.65%, so look for shares of Armada Hoffler Properties Inc to trade 1.65% lower — all else being equal — when AHH shares open for trading on 12/27/22. Similarly, investors should look for AAPL to open 0.13% lower in price and for TTC to open 0.30% lower, all else being equal. Below are dividend history charts for AHH, AAPL, and TTC, showing historical dividends prior to the most recent ones declared. Armada Hoffler Properties Inc (Symbol: AHH): Apple Inc (Symbol: AAPL): Toro Company (Symbol: TTC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Therefore, a good first due diligence step in forming an expectation of annual yield going forward, is looking at the history above, for a sense of stability over time. This can help in judging whether the most recent dividends from these companies are likely to continue. If they do continue, the current estimated yields on annualized basis would be 6.60% for Armada Hoffler Properties Inc, 0.51% for Apple Inc, and 1.21% for Toro Company. In Friday trading, Armada Hoffler Properties Inc shares are currently down about 0.4%, Apple Inc shares are down about 0.4%, and Toro Company shares are up about 0.9% on the day. Click here to learn which 25 S.A.F.E. dividend stocks should be on your radar screen » Also see: • PEPG Videos • ISDX shares outstanding history • GNCA Price Target The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Looking at the universe of stocks we cover at Dividend Channel, on 12/27/22, Armada Hoffler Properties Inc (Symbol: AHH), Apple Inc (Symbol: AAPL), and Toro Company (Symbol: TTC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for AAPL to open 0.13% lower in price and for TTC to open 0.30% lower, all else being equal. Below are dividend history charts for AHH, AAPL, and TTC, showing historical dividends prior to the most recent ones declared.
Looking at the universe of stocks we cover at Dividend Channel, on 12/27/22, Armada Hoffler Properties Inc (Symbol: AHH), Apple Inc (Symbol: AAPL), and Toro Company (Symbol: TTC) will all trade ex-dividend for their respective upcoming dividends. Armada Hoffler Properties Inc (Symbol: AHH): Apple Inc (Symbol: AAPL): Toro Company (Symbol: TTC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for AAPL to open 0.13% lower in price and for TTC to open 0.30% lower, all else being equal.
Looking at the universe of stocks we cover at Dividend Channel, on 12/27/22, Armada Hoffler Properties Inc (Symbol: AHH), Apple Inc (Symbol: AAPL), and Toro Company (Symbol: TTC) will all trade ex-dividend for their respective upcoming dividends. Armada Hoffler Properties Inc (Symbol: AHH): Apple Inc (Symbol: AAPL): Toro Company (Symbol: TTC): In general, dividends are not always predictable, following the ups and downs of company profits over time. Similarly, investors should look for AAPL to open 0.13% lower in price and for TTC to open 0.30% lower, all else being equal.
Looking at the universe of stocks we cover at Dividend Channel, on 12/27/22, Armada Hoffler Properties Inc (Symbol: AHH), Apple Inc (Symbol: AAPL), and Toro Company (Symbol: TTC) will all trade ex-dividend for their respective upcoming dividends. Similarly, investors should look for AAPL to open 0.13% lower in price and for TTC to open 0.30% lower, all else being equal. Below are dividend history charts for AHH, AAPL, and TTC, showing historical dividends prior to the most recent ones declared.
17899.0
2022-12-23 00:00:00 UTC
Better Buy: Microsoft Stock vs. Apple Stock
AAPL
https://www.nasdaq.com/articles/better-buy%3A-microsoft-stock-vs.-apple-stock
nan
nan
After a challenging year in 2022, stock market investors are interested in adding shares of excellent companies like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) at lower prices. *Stock prices used were the afternoon prices of Dec. 20, 2022. The video was published on Dec. 22, 2022. 10 stocks we like better than Microsoft When our award-winning 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 Microsoft 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 1, 2022 Parkev Tatevosian, CFA has positions in Apple. The Motley Fool has positions in and recommends Apple and Microsoft. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through fool.com/parkev, he will earn some extra money that supports his channel. His opinions remain his 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.
After a challenging year in 2022, stock market investors are interested in adding shares of excellent companies like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) at lower prices. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services.
After a challenging year in 2022, stock market investors are interested in adding shares of excellent companies like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) at lower prices. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market. The Motley Fool has positions in and recommends Apple and Microsoft.
After a challenging year in 2022, stock market investors are interested in adding shares of excellent companies like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) at lower prices. See the 10 stocks *Stock Advisor returns as of December 1, 2022 Parkev Tatevosian, CFA has positions in Apple. The Motley Fool recommends the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple.
After a challenging year in 2022, stock market investors are interested in adding shares of excellent companies like Microsoft (NASDAQ: MSFT) and Apple (NASDAQ: AAPL) at lower prices. See the 10 stocks *Stock Advisor returns as of December 1, 2022 Parkev Tatevosian, CFA has positions in Apple. The Motley Fool has positions in and recommends Apple and Microsoft.