August 2, 2017

APPLE’S STOCK COULD DOUBLE ON THE ‘MOTHER OF ALL ARTIFICIAL-INTELLIGENCE PROJECTS’ $AAPL $MU $AMD $NVDA $GOOG $FB $MSFT $CRUS $AVGO $QRVO $ADI

APPLE’S STOCK COULD DOUBLE ON THE ‘MOTHER OF ALL ARTIFICIAL-INTELLIGENCE PROJECTS’ $AAPL $MU $AMD $NVDA $GOOG $FB $MSFT $CRUS $AVGO $QRVO $ADI

There are times when it pays to look years ahead when you’re an investor.

That time is now for Apple AAPL.  Under one scenario, Apple’s stock could double. At first glance, such a possibility seems ridiculous given current Wall Street’s price targets on Apple. Isn’t Wall Street often behind the curve?

When I made the call to aggressively buy Apple at $18.71 for the very long term, I suggested that the stock could go to $143. This call was made long before Apple became a popular stock. Many called it outrageous; some even canceled their subscriptions to The Arora Report. Well, Apple is trading north of $150 as of this writing, and The Arora Report is still holding part of the original position bought at $18.71.… Please click here or the title below to read more.

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WHAT COULD PUSH STOCKS EVEN HIGHER? TRUMP’S LATEST IDEA $AAPL $GLD $SLV $DUST $SPY $YM_F $PFE $GOOG $FB $SHOP

WHAT COULD PUSH STOCKS EVEN HIGHER? TRUMP’S LATEST IDEA $AAPL $GLD $SLV $DUST $SPY $YM_F $PFE $GOOG $FB

In my 30-plus years in the markets, I can safely say that most popular analysis methods do not work well. Still, I can attest that a combination of forward-looking macro analysis combined with a review of earnings projections works most of the time. In plain English: Look for change.

New fundamental and macro developments often leave the technicals of the market in the dust. And the new macro development is an aggressive timeline for tax reform by the Trump administration. This is a change from the prevailing wisdom. To fully understand the impact, let’s start with a chart.

Chart

Please click here to see an annotated chart of Dow Jones Industrial Average YM,  futures.… Please click here or the title below to read more.

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AI is power hungry. Investors will make a fortune from nuclear power for AI.
Get the list of 12 nuclear power stocks to grab your share of the profits.

AI is power hungry. Investors will make a fortune from nuclear power for AI.

Get the list of 12 nuclear power stocks to grab your share of the profits.

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