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Nasdaq AAPL Apple

1 Big Change I'm Making to My Investment Strategy in 2021

5 years 9 months ago
I've been investing in the stock market since college. I'm almost 40 now. There have been many parts of my investment strategy that have served me very well along the way. One of them is enrolling every stock I own in a dividend reinvestment plan, or DRIP.In a nutshell, a DRIP al
The Motley Fool

3 Stocks You Didn't Know Were Betting on Renewable Energy

5 years 9 months ago
Investment in renewable energy isn't limited to solar and wind developers. Some of the biggest companies in the world are investing heavily in renewable energy. For example, according to the Solar Energy Industries Association, Apple, Amazon, and Walmart are the biggest solar ene
The Motley Fool

Why Intel and AMD Stocks Dipped Today

5 years 9 months ago
What happenedShares of both Intel (NASDAQ: INTC) and Advanced Micro Devices (NASDAQ: AMD) sank in early trading Monday, and remain in the red at 1 p.m. EST -- down 3% and 3.2%, respectively.
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What's the Good News From Disney?

5 years 9 months ago
In this episode of Motley Fool Money, Chris Hill chats with Motley Fool analysts Emily Flippen and Jason Moser about the latest headlines and earnings reports from Wall Street. They discuss Disney's (NYSE: DIS) Disney+ subscription guidance. They've got two recent IPO updates. Th
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Apple Shuts California Stores Due To Rising COVID-19 Cases – Report

5 years 9 months ago

Apple temporarily shut its 53 retail stores in California amid rising COVID-19 cases across the state, according to a CNBC report.

In an email reply to CNBC, an Apple (AAPL) spokesperson said, “Due to current Covid-19 conditions in some of the communities we serve, we are temporarily closing stores in these areas.” The spokesperson further added, “We take this step with an abundance of caution as we closely monitor the situation and we look forward to having our teams and customers back as soon as possible.”

Customers will be able to shop online and get product help and information about stores through its website, the spokesperson told CNBC. (See AAPL stock analysis on TipRanks)

The report comes after Bloomberg on Dec. 18 reported that the iPhone maker is temporarily closing its stores in Los Angeles due to the resurgence of coronavirus cases.

On Dec. 16, Morgan Stanley analyst Kathryn Huberty lifted the stock’s price target to $144 (13.7% upside potential) from $136 and reiterated a Buy rating. Hubert raised Apple’s revenue and EPS estimates for fiscal 2021 citing a “flurry of product launches” including new iPhone, Mac, iPad and wearable devices over the last nine months.

Overall, the Street has a cautiously optimistic outlook on the stock. The Moderate Buy analyst consensus is based on 23 Buys, 6 Holds and 1 Sell. The average price target stands at $131.88 and implies upside potential of about 4.1% to current levels. Shares have gained 72.5% year-to-date.

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TipRanks

The 1 Mega-Cap Tech Stock That Doesn't Fear Washington

5 years 9 months ago
What a wild ride it's been for Big Tech. After decades of Washington applying a relatively soft-touch regulatory approach to the sector's leaders, there's been a sharp turn toward much fiercer rhetoric over the last two years. The sentiment that it's time to rein in those compani
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