According to Bloomberg's tracking of analysts, only 55% recommended buying Apple (AAPL.US) stock, which was extremely low among large-cap stocks, such as NVIDIA (NVDA.US), Microsoft (MSFT.US), and Amazon (AMZN.US), where buy recommendations exceeded 90%.
Apple faced another downgrade from two analysts on Thursday. Phillip Securities analyst Helena Wang upheld a cautious outlook for Apple, partly due to the lack of major AI innovation to help address product challenges and the continued weakness in the Chinese market.
The consensus recommendation for Apple among analysts tracked by Bloomberg (represented by buy, hold, and sell ratings) dropped to 3.9 out of 5, the lowest level since early 2020.
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AASTOCKS Financial News
Website: www.aastocks.com
| SG Top Picks |
| Stock & Type |
Code |
Strike(Call Level) |
Last |
Effective Gearing |
| APPLE (C) |
10758 |
243 (-) |
0.260 |
6.6 X |
| APPLE (C) |
10614 |
236 (-) |
0.069 |
20.0 X |
| APPLE (P) |
10793 |
210 (-) |
0.201 |
5.1 X |
| APPLE (P) |
10678 |
170 (-) |
0.024 |
9.5 X |
| Nvidia (C) |
10721 |
175 (-) |
0.330 |
4.9 X |
| Nvidia (P) |
10714 |
125 (-) |
0.053 |
5.4 X |
| MSFT (C) |
10744 |
600 (-) |
0.238 |
9.0 X |
| MSFT (P) |
10715 |
435 (-) |
0.260 |
6.2 X |
| AMZN (C) |
10580 |
245 (-) |
0.058 |
17.4 X |
| AMZN (P) |
10700 |
180 (-) |
0.108 |
5.2 X |
