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Analyst forecasts Apple as a "Top Stock Pick for 2024" with four catalysts to watch in the company's next earnings report.

Benzinga LogoBenzinga1w ago

Analyst forecasts Apple as a "Top Stock Pick for 2024" with four catalysts to watch in the company's next earnings report. - Benzinga

Quick Summary:

Also Read: ‘Apple Shot Itself In The Foot:’ Telegram Founder Says Cupertino iPhone Market Share In China Will ‘Keep Shrinking’

The Apple Thesis: Mohan’s recommendation to buy Apple stock is grounded on four catalysts, making it a “top pick for 2024”: Re-upping the capital return at earnings in May Gen AI, or generative artificial intelligence, announcements at the Worldwide ...

Apple Analyst: BofA Securities analyst Wamsi Mohan reiterated a Buy rating for Apple stock with a price objective of $225, reflecting a potential upside of 36.4%.

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Analyst forecasts Apple as a "Top Stock Pick for 2024" with four catalysts to watch in the company's next earnings report. - Benzinga (Picture 1)

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Article Details

Author / Journalist: Surbhi Jain

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-23 @ 12:48:59 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 325 words

Reading Time: 2 minutes read

Sentences: 19 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 20770634

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Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 30 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 13 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

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