The Super Earnings Week of the Big Five tech giants is here!
$Apple(AAPL)$ and
$Alphabet(GOOG)$ already hit their all time highs. These two stocks have strong confimed bullish sentiment from the market now. AAPL has continuously beaten expectations in all the trailing four quarters with the earnings surprise being 6.2%, on average. AAPL’s iPhone sales is likely to rise. AAPL’s Services business aka App Store also continues to be popular with an expanding installed base of devices. Apple presently has more than 1 billion paid subscribers, showing 12.3% growth on a year-over-year basis. Apple is gaining 30% in its market share in the PC market. Apple’s AI push has also aid AAPL’s prospects. However, AAPL stock is on a stretched valuation now. It is best to be defensive and moderately bearish. Bear Put Spread is most suitable. Buy a higher strike Put, sell a lower strike Put for limited risk.
@TigerStars @Tiger_comments @Tiger_Earnings @Tiger_Champs @Tiger_SG @MillionaireTiger Is Google Done Rallying? Bet on AI Flywheel or Sell Into the Hype?
Google lost 1% as Nvidia rebounded on Wednesday.
With 68% gain YTD, is Alphabet's rally done this year?
Would you take some profit or keep holding for its AI flywheel?
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