Warren Buffett has sold a lot of Apple stock so far in 2024
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Apple stock was having a tough year after some early gains -- until investors erased the loss after Thursday's earnings report. Apple's share price has risen following its latest earnings report Investment firm Bernstein was right when it told clients to buy Apple stock because it was at an attractive low price. At the close of trading on Thursday, Apple's shares were at $173.03 In aftermarket trading, they have increased. A lot. At time of writing, the share price is $185.75 and...
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Bernstein says buy Apple while stock price is low
Investment firm Bernstein is recommending clients buy Apple stock, and expects issues such as declining Chinese demand for the iPhone to be cyclical, especially with an AI iPhone. Apple is dealing with regulatory pressures and other unknowns Bernstein's position goes against that of JP Morgan, which does expect a boost from AI for Apple, but not until 2026 and the iPhone 17. Morgan Stanley has said that it is bullish about Apple, yet it also downgraded its stock price. Now Bernstein...