DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
Tim Cook - 2 Paul Meeks - 2 Max Wasserman - 1 they're - 1 haven't - 1 CFRA Research's Angelo Zino - 1 Wasserman - 1 That's - 1
Top related locs:
China Cupertino
Top related orgs:
Apple - 2 Miramar Capital - 1 Nasdaq - 1 Nvidia - 1 Meta - 1 Microsoft - 1 Union - 1 Huawei - 1

Search resuls for: "CFRA Research's Angelo Zino"


2 mentions found


☆ Wall Street weighs in on what's wrong with Apple and whether the stock can make a comeback
  + stars: | 2024-03-06 | by ( Samantha Subin | ) www.cnbc.com   time to read: +6 min
But the tides have shifted in recent months as investors overlook the $2.6 trillion company for rosier AI opportunities. "Everybody's waiting for Apple to come along," said Max Wasserman, co-founder and senior portfolio manager at Miramar Capital. "Great cash flow, great balance sheet, but they're just not demonstrating that they're going to be the new leader in AI." Apple's AI story Last month, Apple pulled the plug on its decade-long autonomous vehicle project in what many on Wall Street viewed as a move to divert resources toward AI prospects. Another way Apple could satisfy the need for AI progress is through a merger or acquisition of a company with large-scale AI capabilities, Meeks said.
Persons: Max Wasserman, they're, Tim Cook, haven't, CFRA Research's Angelo Zino, Wasserman, That's, Paul Meeks, Miramar's Wasserman, Melius Research's Ben Reitzes, Rosenblatt's Barton Crockett, Meeks, hasn't, Michael Bloom Organizations: Apple, Miramar Capital, Nasdaq, Nvidia, Meta, Microsoft, Union, Huawei, Accounting, Portfolio Management, Apple's, Conference Locations: China
☆ Apple shares hit an all-time high. What Wall Street says happens from here
  + stars: | 2023-06-13 | by ( Samantha Subin | ) www.cnbc.com   time to read: +3 min
As Apple sets a new record, Wall Street remains conflicted over the trajectory for shares in the near term. The iPhone maker notched a new all-time high on Monday, a week after hitting an intraday high . AAPL YTD mountain Apple shares in 2023 But with the jump in shares putting Apple about 2% shy of Wall Street's consensus price target, questions remain over the likelihood of more upside in the near term. As of midday Tuesday, Apple shares traded at a forward price-to-earnings multiple of more than 31 times, above the multiple for the broader S & P 500. Despite Apple's steepening stock price and some reservations about its valuation, many analysts are keeping their bullish stance.
Persons: Paul Meeks, Research's Angelo Zino, Bullish, Dan Ives, Ives, Tim Cook, it's Organizations: Apple, UBS, Securities, Big Tech Locations: Cupertino
0 next >>
Total: 2