How Earnings Affect Stock Price?
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GlenPeh
joined discussion ยท Oct 21, 2021 06:24
๐ And ๐
I am watching these 2 stocks closely for now.
$Merck & Co (MRK.US)$ and
$Apple (AAPL.US)$ as both of them are expected to announce their financial report next Thursday on 28 Oct 2021. With the current Covid-19 situation, the demand for covid-19 medicine remain constantly high or even higher. Merck & Co will definitely earns more than previously. Traced back the dividend history, shareholders expecting about 3% returns. Which is relatively high. My target price for Merck in the near term would be above USD100. Recently Apple has launched new products and their iPhone 13 is another great hit in the market. If Apple can solve the chips shortage issue, my target price for Apple would be above USD180.
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