$AAPL rise/fall around earnings reports
AAPL is the most watched stock in the world, and for good reason. it's the largest company in the world (by market cap). APPL bears: "OMG, this company can't grow forever. After all, everyone has a iPhone, Mac (name your product). AAPL bulls: "This company is very profitable, popular, has an excellent track record of growth". i fall in the latter camp, with one caviat to mention: I've owned for 15 years, bought more along the way, and never sold. 1000% gain. My only regret is not buying much more back then. There is typically a run up in price before a quarterly reports and product launch, then a drop afterwards when the bears retreat saying "Great performance, but they sure can't do that again". The dips are buying opportunities...it rocketed to $125/share (4 for 1 split-ajusted) last year, then dropped to $118/ share earlier this year. Do you wish you bought then? I do, but $AAPL is 20% of my portfolio, not by choice but by growth. i'm not bragging....just sharing my experience owning it. That said, I would never short-term speculative trade this stock. The institutional traders do that, which makes it's daily/weekly/monthly price very unpredictable.
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