Apple (AAPL) February weekly 185 straddle into quarter results

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Go back to Apple (AAPL) February weekly 185 straddle into quarter results

Citi's Take on Apple (AAPL) and Hon Hai Jan Revenue Implications

February 5, 2024 8:48 AM EST

Citi analyst Atif Malik reiterated a Buy rating and $225.00 price target on Apple (NASDAQ: AAPL)

The analyst comments "Hon Hai, ~ 50% Apple sales exposure, reported Jan revenue before the market open with +13% M/M (above 3-year seasonal average of -21%)... More

These IT hardware and equipment stocks should benefit from AI in 2024

February 4, 2024 8:00 AM EST

Goldman Sachs believes that for IT hardware and equipment stocks in 2024, the AI beneficiaries should continue to outperform.

Analyst Michael Ng said the investment bank is "bullish on hardware AI beneficiaries entering 2024 as evidence of AI tailwinds become more evident for OEM server suppliers and hyperscaler Ethernet switch suppliers."

He highlighted six buy-rated names they see as a buy:

Arista Networks (NYSE: ANET):... More