Bearish Apple views belie company fundamentals

By | August 10, 2015

Scalper1 News

Bearish sentiment toward Apple (AAPL) stock lately is overdone, two Wall Street analysts said in separate research reports Monday. “The significant strengthening in bearish sentiment over the past two weeks belies steady fundamentals,” Nomura analyst Jeffrey Kvaal said in a report. “We retain our view that Apple has plenty of scope to grow sales both in its subscriber base and from the Android phablet base.” Kvaal reiterated his buy rating and Scalper1 News

Scalper1 News