Take a wait and see approach this earnings season says Todd Harrison, CEO of Minyanville.com AAPL reports quarterly earnings. Shares have fallen 10% in the last month. “They are best in breed but it doesn’t necessarily mean that it’s up, up and away,” for the stock, says Harrison. Harrison believes we're in the eye of the storm and is therefore still keeping most of his money in cash on the sidelines.
Apple is currently trading at $247.49, up $1.91 on the day.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Posted In: EarningsMovers & ShakersGlobalTechMediaAaron TaskComputer HardwareInformation TechnologyTodd HarrisonYahoo Finance
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
