2. Yahoo Finance
One of the Best websites to research Stocks, Yahoo! Finance is a news and entertainment website operated by the Yahoo! Network. The website offers affiliate links to other websites, stock quotes, financial reports, screeners for stocks and ETFs, personal finance tools, and special financial content in addition to financial news. Yahoo! Finance also offers news about cryptocurrencies and real-time market coverage. It is one of the best websites for stock research, with 93.9 million unique users monthly, according to the company.
On January 21, Yahoo! Finance stated that on Monday, Edison Lee, an analyst at Jefferies, lowered the investment bank’s rating on Apple Inc. (NASDAQ:AAPL) stock to Underperform and lowered his price target by 13% to $200.75. Additionally, Loop Capital downgraded Apple Inc. (NASDAQ:AAPL) shares from Buy to Hold, lowering its original $275 price objective to $230. Lee stated in an investor letter that he anticipates Apple will publish second-quarter results that fall short of expectations due to poor iPhone sales and a lack of consumer interest in artificial intelligence, as well as lower-than-expected results for the December quarter. Apple Inc. (NASDAQ:AAPL)’s stock dropped as much as 3.7% on Tuesday at midday. Over the past 12 months, the stock has increased by 16%.
Apple Inc. (NASDAQ:AAPL) made progress toward its goal of becoming carbon-neutral throughout its whole footprint by 2030 by launching the first-ever carbon-neutral Mac and a carbon-neutral Apple Watch option. These accomplishments highlight the company’s robust innovation, growth, and sustainability leadership.
Warren Buffett’s Berkshire Hathaway was the largest stakeholder in the company from among the funds in Insider Monkey’s database at the end of Q3 2024. It owns 3 million shares worth $69.90 billion as of Q3.
CDT Capital Management stated the following regarding Apple Inc. (NASDAQ:AAPL) in its Q4 2024 investor letter:
“The crowd. While this evolution in AI is going to change the world, market expectations for the technology have become unhinged. The crowd, which is more like an exuberant mob, anointed the Mag 7 with spectacular, nonsensical valuations based on the premise that AI will be an amazing, money-printing growth engine for these companies – and the truth is it likely will be. The problem is that the math just isn’t mathing.
Let me explain what I mean by picking on the world’s most valuable stock, Apple Inc. (NASDAQ:AAPL). For background, Apple does not have a robust homegrown AI platform, nor does it have a plan to meaningfully monetize AI from Apple users. Right now, from our perspective, Apple’s, Apple Intelligence strategy of implementing third-party AI tools to stay competitive will likely be more of a cost of doing business than an avenue for sales and yet in 2024, the stock soared +33% based on the AI dream as exemplified by the quote below.
“A golden era of growth for Cupertino is now on the horizon into 2025.”..” (Click here to read the full text)