With Wedbush Calling 35% Upside, Has Apple’s Risk-Reward Shifted?
Apple has reclaimed the No.1 spot in global smartphone shipments, even as its stock has fallen for six consecutive weeks. Despite the drawdown, Wedbush Securities remains bullish, citing four major tailwinds and projecting up to 35% upside this year.
Whether the stock has already bottomed—or if patience is still needed before a re-rating begins.
After six straight weeks of losses, is Apple finally forming a durable bottom?
Do smartphone leadership and AI expectations justify Wedbush’s 35% upside call?