Wednesday, May 1, 2024

Bend it like Buffet

 https://www.tipranks.com/news/buy-the-fear-says-bernstein-about-apple-stock


It’s one of Wall Street’s most well-known rallying cries. ‘Buy the fear’ is a slogan most investors are familiar with, signaling that it’s time to load up on a stock that has had everyone running in the opposite direction.

On this matter, you could make the case the bears have been out for Apple (NASDAQ:AAPL) in recent times. Despite the market’s year-to-date gains, AAPL shares have been trending the other way, showing losses of 11% since the start of the year.

So, that famous maxim now applies to the tech giant, says Bernstein’s Toni Sacconaghi, who tells investors to “be like Buffett” and load up while others are too afraid to do so.

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Warren

1 comment:

  1. Apple Lifts Dividend; Board Approves $110B in Share Buybacks

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