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Apple & Google Pivot Points for 1.30.2013
Every AAPL Product for 2013 According to KGI Securities 1.29.2013
Kuo is expecting to see a refresh of the MacBook Air at the end of Q2 2013, but this is just the calm before the Apple storm. After the end of Q2, Apple season will be in full swing, ripe new products for consumers to pick will start to be announced. Q3 may be full of new neat products. Fresh designs, refreshes cycles, and the iPhone 5S are all expected to be rolled out.
Specifically and chronologically, the iPod nano is expected to be refreshed. Moreover, during this time KGI expects AAPL to modify the iPod Touch 5. Most importantly, in early Q3 the iPhone 5S is expected to be released. Later on in the quarter a newly designed iPhone 5 is expected in addition to the iPhone 5S. Kuo thinks that the lower cost iPhones will come in a variety of colors. The lower cost iPhone may also be thicker, 8.2 mm vs. the current 7.6 mm, according to the report. Other items of note in Q3 include a new design of the Retina MacBook Pro and a mini iPad 2. Then finally in Q4 the iMac (desktop) is expected to be touched upon.
All things considered, AAPL has some impressive new products coming out, but it is hard to tell if they will be good for the stock. Price points and other data points will be crucial to know in order to make a trading/investment decision. The street has already made their calls however. The analyst community has an average price target of $729 for shares, with $48.00 estimated for the current year.
S&P Emini Pivot points for 1.29.2013
Apple & Google Pivot Points for 1.29.2013
Jim Ramelli Talks His FB Earnings Play on Bloomberg TV's Lunch Money 1.28.2013
President/Founder Andrew Keene Talks CAT on First Business Network's Chart Talk 1.28.2013
LinkedIn Networks With Amazon (LNKD, AMZN)? 1.28.2013
AMZN is the premier international online retailer. The company serves consumers through its retail websites and focuses on selection, price, and convenience. LNKD, on the other hand, is the most popular professional networking website. LNKD offers a variety of professional services for career advanement. Both companies embrace technology in order to drive growth.
LNKD and AMZN both spend a lot of their cash on reinvestment. For example, just under 60% of LNKD revenue was spent on sales/marketing and product development. This kind of investment positions the two firms to benefit in the long run.
The LNKD situation is, interestingly enough, very similar to AMZN. AMZN spends a large portion of its cash on improving its distribution centers and preparing itself to have economies of scale for the future. These two stocks have rich PE multiples and both trade in a similar fashion. This thesis can be tested. The 55-day (a Fibonacci number) price correlation between the two stocks is 0.88. This coefficient is very strong. A reading of 1.00 represents a perfect positive correlation and readings above 0.75 are generally considered strong. This figure simply quantifies the severity of relationship (positive or negative). Therefore AMZN will be a stock to watch for LNKD investors.
Spending for the long-run seems fine, however renowned economist John Maynard Keynes one said, “We are all dead in the long run.” They may be planning for the long run, but if these two companies continue to put up underwhelming EPS the market may eventually discount their massive forward and trailing PE multiple.