Apple (AAPL) Hits All-Time High & Amazon (AMZN) Sees Upside

Piper Sandler raises Amazon’s (AMZN) price target to $185 from $170. The analyst sees AMZN as a top large cap pick with upside, as their retail margins have improved significantly. Kevin Green discusses this along with Apple (AAPL) whose shares hit a new all-time high. It is reported that Foxconn is planning a $1B investment into Apple’s India plant. A Citi analyst notes that models show double-digit earnings and free cash flow growth in 2024 for Apple. Tune in to find out more about the stock market today.

Trading 360

14 Dec 2023

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