Wednesday, June 15, 2022

Apple Is Still the Best Bet in a Tech Spending Slowdown: Analysts

 https://www.marketwatch.com/articles/apple-stock-tech-spending-slowdown-51655295115?mod=mw_quote_news


The last stock standing was Apple. While the tech giant and iPhone maker’s stock price was reduced to $185 from $195, the company remains the single stock in the sector rated at Overweight by Morgan Stanley. Shares in Apple traded 1% higher in premarket trading, poised to open around $134. It was down 25% this year through Tuesday’s close.

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