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Buy AAPL, suggests Wedbush, suggesting tech stocks could climb 25-30% by year end

Added 04-07-21 10:31:01am EST - “Wedbush analyst Dan Ives has said that now would be a good time to buy AAPL, naming it as the best investment among tech stocks that could ...” - 9to5mac.com

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Posted By TheNewsCommenter: From 9to5mac.com: “Buy AAPL, suggests Wedbush, as one of three tech stocks - 9to5Mac”. Below is an excerpt from the article.

Wedbush analyst Dan Ives has said that now would be a good time to buy AAPL, naming it as the best investment among tech stocks that could climb 25-30% by the year end.

Apple, Microsoft, and Nuance Communications are the top three tech buys heading into earnings season, according to Wedbush.

In a note to clients on Wednesday, analyst Dan Ives said that he believes tech stocks have “an upward 25%-30% move in the cards the rest of the year despite lingering rotation fears.”

The analyst laid out his top picks for a “compelling risk/reward” heading into earnings season. Apple, Microsoft, and Nuance Communications topped the list.

Ives highlighted Apple as his first top buy on Wednesday and said that the “supercycle thesis” for iPhone sales looks to be playing out.

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