Plus, check out whatâs going on with AAPLâs rating⦠[Turn Your Images On] [Help Us Make 2024 the Best Year Yet]( [Turn Your Images On] [Chad Stone](
Managing Editor It’s time to switch things up a bit. Starting on Monday, Stock Power Daily will become Money & Markets Daily. Since we’re already covering a broad span of financial and economic trends, and we’ve added Mike Carr to the team, we figure a more all-encompassing publication name is a better fit. Don’t worry! You can still expect daily insights from Adam O’Dell, Mike, Matt Clark and myself. Just look out for Money & Markets Daily in your inbox. We’re excited about this subtle change, and we want to get you more involved from here. Help us make the new Money & Markets Daily exactly what you want to read each morning before markets open. To do that, we have a simple question: What do you want to know more about? Do you want more stock analysis? Or maybe you want to know what economic trends are worth watching in 2024? Maybe there’s an asset that’s piqued your interest, but you want our opinion before buying. [Click here]( or on the button below to take a quick survey. It shouldn’t take more than a couple of minutes, and it’s going to help us make this newsletter even better for you. And then keep scrolling to see what’s going on with Apple Inc. (Nasdaq: AAPL)⦠[Turn Your Images On]( --------------------------------------------------------------- [Turn Your Images On]( From our Partners at Banyan Hill Publishing. [Is this proof that cryptos are working as intended?]( After a series of banking collapses hit mainstream media, the surge in bitcoin's (BTC) price has raised eyebrows. In fact, many are recognizing BTC as one solution with its 70% growth rate seen so far this year; yet another crypto could have much more potential and disrupt global finance within our lifetime! With investment already pouring in from PayPal and Square plus Mark Cuban and billionaires Elon Musk and Ray Dalio on board too ... there may be serious opportunities out there today if you know where to look â [learn how you can get started with only $20 here now before it's too late!]( --------------------------------------------------------------- Cut Through the AAPL Noise The hits keep coming for Apple Inc. (Nasdaq: AAPL): - It’s pulled the blood oxygen feature on its latest Apple Watches to avoid an outright sales ban. - iPhone sales in China, Apple’s largest international market, are slumping amid fierce competition. - It can’t escape the courtroom as developers and governments alike continue their antitrust fight. Of course, Bank of America followed with its own (positive) hit on Thursday. Analysts at the bank upgraded AAPL stock to a “Buy” and projected a 20% gain in its share price over the next 12 months. The stock jumped more than 3% higher in early trading Thursday on the news. And this is all leading up to Apple’s first foray into the world of virtual reality with the launch of its innovative, and pricey at $3,499 a pop, Vision Pro headset in a couple of weeks. With such a mixed bag of news, it’s tough to determine on your own whether Apple stock is one to hold in your portfolio for 2024. Luckily, we have Adam O’Dell’s Green Zone Power Ratings to help cut through the noise. And AAPL looks solid with a “Bullish” 70 out of 100 rating. [Turn Your Images On] --------------------------------------------------------------- [Turn Your Images On](
[The Smartest Money on Wall Street Is Piling Into This]( JPMorgan, Blackstone and Goldman Sachs are quietly pouring billions into this hot sector before it goes mainstream. [Details here.]( --------------------------------------------------------------- Bullish stocks in Adam’s system are set to outperform the broader market by 2X over the next 12 months. As I and the rest of the Money & Markets team [have mentioned]( before, Apple is a Big Tech stock, and that means low ratings on Size and Value. This is a stock that everyone is buying, which means you’re going to pay a premium compared to its valuation. And AAPL’s ratings of 78 or higher on Volatility, Momentum, Quality and Growth are more than enough to make up for those shortcomings. Apple turned bullish in May after the tech bull market solidified, and its rating has steadily improved from there. I wouldn’t expect another AI-fueled rally like we saw last year, but Green Zone Power Ratings says AAPL is set to outperform from here. That’ll do it for me this week. Take a moment to [fill out our survey]( if you haven’t already. It’s pretty painless, and it’s only going to help us make this free newsletter even better from here. Until next time, [Chad Stone](
Managing Editor, Money & Markets --------------------------------------------------------------- Check Out More From Stock Power Daily: - [WHY COIN STOCK RATES BEARISH AMID THE CRYPTO TREND]( - [FUNDAMENTALS POINT TO $96K BITCOIN]( - [THE NEW BITCOIN ETF SENT THESE STOCKS SOARING]( ---------------------------------------------------------------
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