Most analysts love to talk down APPLE stock. They are always harping on 1) the company only being a hardware company; 2) the services segment not being able to make up fortheir loss of competitiveness in the hardware space; 3) it’s too big a company for any more growth and so on …However Aaple keeps on improving and innovating. They have an entire ecosystem with their App Store plus wearables plus now going into health with the Apple Watch.I would not bet against Apple …
If anyone had bought Apple stock many years back, they can likely attest that Apple stock is a long term hold or what some might term as a forever stock. It rewards you beautifully but you must keepthe faith and be able to ride through negative comments and pessimists and naysayers…
I’m a long term Apple fan. So even though most analysts think there is not much upside, I say wait and see - health and EV are possibly the next segments the company is focused on. They might not be first movers but whatever they embark on, they tend to do well. Plus they have a huge brand following
I’ve been looking at this since October and BTC has made incredible leaps since that time. I think it might get more mainstream acceptance and hopefully the volatility will recede.
I think both have got investment appeal. Gold is tangible and traditionally has proven to be a hedge when the value of the dollar goes down. That said, the appeal of bitcoin is that investors/ traders alike find the phenomenal increase in “value” hard to resist. Who would not want to be putting their money into an “asset” class which increases 100-1000%in a very short time frame? The reason why we buy stocks as well is to make our money grow so any asset class which helps that will attract the masses.
I believe investors are anticipating Nio’s 6th May announcement relating to their expansion into the European market. I too am looking forward to that good news hoping that it will be a catalyst to move the stock price higher.However, given the rather choppy market, it will likely be buy the rumour and sell the news (although I hope not).
NIO rose more than 5%, after falling nearly 4% before
ARK typically trims the stocks which have gone up a lot to take profits. It does not mean they have lost conviction in that stock.They actively manage their portfolio and they sell profitable stocks to buy what they consider undervalued stocks. And the cycle repeats …