Warning: Use of undefined constant REQUEST_URI - assumed 'REQUEST_URI' (this will throw an Error in a future version of PHP) in C:\xampp\htdocs\mbc1\wp-content\themes\jannah4\functions.php on line 73
Jim Cramer Explains Commerce Apple When Two Favourite Analysts Disagree – jj

Jim Cramer Explains Commerce Apple When Two Favourite Analysts Disagree


We’ve got two dueling notes from Bernstein’s Toni Sacconaghi and Morgan Stanley’s Katy Huberty on Apple (AAPL – Get Report) Monday, July 22. 

Huberty came out as bullish, raising Apple’s price target to $247 from $231.

She wrote, “we believe the June quarter will mark the first quarter since March 2018 where Services revenue growth accelerates…”

Meanwhile, Sacconaghi wrote that Bernstein’s expectations for Apple’s Services revenue actually fall slightly below the Street’s expectations.

Jim Cramer weighed in with his thoughts about the notes. Here’s the first thing that investors should do when two analysts have different opinions on a company. 

“Your first piece of homework would be to check the track record. Katy Huberty’s track record is very superior to Toni’s. Now, Toni has always been, we could say…I’ve liked it the whole way. He’s kept you out of it and she’s kept you in it, but she hasn’t distinguished herself this go around and that when the stock was down a lot, I thought she was tepid and now the stocks moved up a lot and she’s not tepid and I’ve been a big fan of her stuff,” said Cramer.

Related. Jim Cramer Reveals Which Stocks He Would Buy Right Now and Why

More from Cramer Today

Full Replay: Jim Cramer Tells Investors What to Watch from Apple, Disney, Oil and Big Tech

Jim Cramer: Here’s What It’s Going to Take to Make Oil Investable

Jim Cramer: The One Company That May Impact Big Tech’s Earnings

Everything the Light Touches Is Disney+: Jim Cramer on ‘The Lion King’

Jim Cramer’s Take On the First-Half’s Biggest Winners

Source link


Related Articles

Leave a Reply

Back to top button