Wes Moss advises investors with large holdings in Apple, Alphabet (Google), and Shopify to reconsider their portfolio concentration. He stresses that emotional attachment to big winners can increase risk, especially near retirement, and suggests treating the portfolio as a cash bucket rather than individual stocks. Moss recommends trimming positions that wouldn't be repurchased at current prices and prioritizing rebalancing within tax-advantaged accounts to avoid capital gains taxes. This approach helps manage risk from volatility and sequence risk, particularly for highly volatile stocks like Shopify.
In August, Apple and Meta both faced challenges but their earnings reveal contrasting positions. Apple reported strong iPhone 17 sales driving $109.4 billion revenue and beat EPS expectations, supported by growing services and subscriptions. Meta saw...
John Ternus officially becomes Apple's new CEO, succeeding Tim Cook who moves to executive chairman after 15 years. This leadership change comes as Apple prepares for its annual product launch next week. Meanwhile, global bond yields rise due to infl...
Rosenblatt increased Apple's stock price target from $300 to $303, maintaining a Neutral rating ahead of the anticipated foldable iPhone launch on September 9. The firm believes Apple can manage supply-chain challenges through higher prices, premium ...
John Ternus has officially become Apple's CEO, succeeding Tim Cook after a 15-year tenure. Ternus faces significant challenges, including soaring memory costs that are driving up device prices and the need to advance Apple's AI strategy. With Tim Coo...
Investors have funneled $195 billion into global technology ETFs over the past year, far surpassing inflows into all other sectors combined. This surge reflects a concentrated bet on a handful of tech giants, especially those tied to artificial intel...
