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Citi reaffirms Apple as top stock pick
Wednesday November 13, 2024. 03:06 PM , from Mac Daily News
Ghazal Ahmed for Insider Monkey: “China is the main manufacturing location for Apple with more than 90% manufacturing in China, in our estimates.” – Citigroup Overall AAPL ranks 1st on our list of the AI stocks that should not be ignored. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. MacDailyNews Take: As always, when it comes to AAPL, especially on the dips: accumulate, accumulate, accumulate. We are currently about 1/4th of the way to being sustainable with Substack subscriptions. Not a bad start! Please tell your Apple-loving friends about MacDailyNews on Substack and, if you’re currently a free subscriber, please consider $5/mo. or $50/year to keep MacDailyNews going. Just hit the subscribe button. Thank you! Read on Substack Please help support MacDailyNews — and enjoy subscriber-only articles, comments, chat, and more — by subscribing to our Substack: macdailynews.substack.com. Thank you! Support MacDailyNews at no extra cost to you by using this link to shop at Amazon. The post Citi reaffirms Apple as top stock pick appeared first on MacDailyNews.
https://macdailynews.com/2024/11/13/citi-reaffirms-apple-as-top-stock-pick/
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