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$Apple (AAPL.US)$ stock closed up 3.1% on Tuesday as other stocks tumbled on concerns of the new omicron Covid variant, showing investors see the company as a safe haven during market uncertainty.
The $Dow Jones Industrial Average (.DJI.US)$dropped 651 points, the tech-heavy $Nasdaq Composite Index (.IXIC.US)$fell 1.6% and the $S&P 500 Index (.SPX.US)$ was down about 1.9% on Tuesday after Federal Reserve Chairman Jerome Powell said the Fed will discuss speeding up the bond-buying taper during its December meeting.
Since the company has prodigious cash flow, allowing it to endure any slowdowns in the economy and take advantage of falling prices.
But there's no perfect company. The biggest criticism of Apple for the last five years is no new products. It's stock price has stuck in the same place for a while when others are going up. Maybe the crisis is the turning point for Apple.
Do you have faith in the company?
What percentage does apple take on your portfolio?
Source:
Why Apple was the only tech stock that went up on Tuesday
The $Dow Jones Industrial Average (.DJI.US)$dropped 651 points, the tech-heavy $Nasdaq Composite Index (.IXIC.US)$fell 1.6% and the $S&P 500 Index (.SPX.US)$ was down about 1.9% on Tuesday after Federal Reserve Chairman Jerome Powell said the Fed will discuss speeding up the bond-buying taper during its December meeting.
Since the company has prodigious cash flow, allowing it to endure any slowdowns in the economy and take advantage of falling prices.
But there's no perfect company. The biggest criticism of Apple for the last five years is no new products. It's stock price has stuck in the same place for a while when others are going up. Maybe the crisis is the turning point for Apple.
Do you have faith in the company?
What percentage does apple take on your portfolio?
Source:
Why Apple was the only tech stock that went up on Tuesday
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$Micron Technology (MU.US)$ how low is this gonna go :( stuckkk
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$Micron Technology (MU.US)$ Every independent news or research shows strong cycle for DRAM and NAND. Yet the stock movement is so disappointing
https://www.eetasia.com/ic-insights-raises-its-2021-global-ic-market-forecast/
http://m.koreaherald.com/amp/view.php?ud=20210617000095
https://wccftech.com/graphics-dram-prices-expected-to-rise-by-as-much-as-13-in-the-contract-market/
https://www.eetasia.com/ic-insights-raises-its-2021-global-ic-market-forecast/
http://m.koreaherald.com/amp/view.php?ud=20210617000095
https://wccftech.com/graphics-dram-prices-expected-to-rise-by-as-much-as-13-in-the-contract-market/
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$ContextLogic (WISH.US)$ fcing hopeless......
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$Orphazyme (ORPH.US)$ wow missed this one today
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