So much for the 70 million iPhones analysts think Apple Inc. (NASDAQ: AAPL) will buy between now and year end. At least that is the conclusion which can be drawn from a recent tweet from Survey Monkey:
How likely are consumers to buy #iPhone7? Only 5% say they’re extremely likely #mondaymotivation #mobilemonday #tech svy.mk/2cL40Cr
Apple’s share price has soared based on early iPhone 7 sales, which makes the Survey Monkey conclusions questionable. Even if the current iPhone sales are strong and later sales reflect the Survey Monkey sentiment, Apple faces an uphill battle as the holiday approach.
The results of the survey do not reflect most Wall St. sentiment. A story in Barron’s said:
Piper Jaffrays Gene Munster reiterates an Overweight rating, and a $151 price target, writing that he took a survey of people on Friday waiting in line to buy the thing.
Overall, we believe the survey suggests that the 128GB mid storage size may cannibalize some of the previous top level capacity buyers and that the iPhone 7 may be driven more by upgraders (current iPhone owners) than switchers compared to prior launches.
Best Tech Stocks To Buy For 2019: Jack Henry & Associates Inc.(JKHY)
- [By Ethan Ryder]
Whittier Trust Co. of Nevada Inc. raised its position in Jack Henry & Associates (NASDAQ:JKHY) by 42.5% in the first quarter, Holdings Channel reports. The fund owned 3,154 shares of the technology company’s stock after buying an additional 940 shares during the period. Whittier Trust Co. of Nevada Inc.’s holdings in Jack Henry & Associates were worth $381,000 as of its most recent SEC filing.
Best Tech Stocks To Buy For 2019: Innodata Inc.(INOD)
- [By Stephan Byrd]
Innodata (NASDAQ:INOD) will be releasing its Q1 2018 earnings data before the market opens on Tuesday, May 8th.
Innodata (NASDAQ:INOD) last announced its earnings results on Thursday, March 8th. The technology company reported ($0.02) earnings per share (EPS) for the quarter. The business had revenue of $15.66 million for the quarter. Innodata had a negative return on equity of 10.94% and a negative net margin of 8.30%.
Best Tech Stocks To Buy For 2019: Luxoft Holding, Inc.(LXFT)
- [By Logan Wallace]
Barings LLC lifted its stake in shares of Luxoft Holding Inc (NYSE:LXFT) by 125.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 348,398 shares of the software maker’s stock after buying an additional 193,657 shares during the quarter. Barings LLC owned about 1.03% of Luxoft worth $14,267,000 as of its most recent filing with the Securities & Exchange Commission.
Best Tech Stocks To Buy For 2019: JinkoSolar Holding Company Limited(JKS)
- [By Dustin Parrett]
One of the best ways to play it is by owning the top Chinese solar stock, Jinko Solar Holding Company Ltd. (NYSE: JKS).
It’s already the world’s third-largest supplier of photovoltaic cells – an essential component of solar panels. Plus, it’s plugged right into China’s skyrocketing solar industry.
Best Tech Stocks To Buy For 2019: Simulations Plus, Inc.(SLP)
- [By Stephan Byrd]
Simulations Plus (NASDAQ:SLP) shares hit a new 52-week high and low during mid-day trading on Monday . The company traded as low as $18.55 and last traded at $18.35, with a volume of 49668 shares changing hands. The stock had previously closed at $18.20.
- [By Ethan Ryder]
Simulations Plus (NASDAQ:SLP) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research report issued on Monday.
Best Tech Stocks To Buy For 2019: Applied Materials, Inc.(AMAT)
- [By Chris Neiger]
Shares of Applied Materials, Inc. (NASDAQ:AMAT) tumbled 10.7% last month,according to data provided by S&P Global Market Intelligence, after reports surfaced that China may speed up its plans to increase local production of semiconductors.
- [By Chris Lange]
Short interest in Applied Materials Inc. (NASDAQ: AMAT) rose to 14.46 million shares. The previous reading was 13.74 million. Shares were trading at $48.72, in a 52-week range of $40.42 to $62.40.
- [By ]
Cramer was bearish on Applied Materials (AMAT) .
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