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Websim Analysis, March 17, 2022: LONG AAPL

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

Apple is holding up well on Wall Street by supporting US tech stocks in a difficult phase. The company highlighted solid fundamentals after its record $123.9 billion in first-quarter sales beat Wall Street estimates even in the midst of a supply crisis. Profits also outpaced projections, propelled by new products including the iPhone 13. CEO Tim Cook blamed supply problems for the iPad’s lack of growth, saying these problems were even more serious than in the previous period. But the company has seen records in cloud, music, video, and payment services. The buybacks of the company started yesterday in support of prices. The Fed confirmed a rate hike and the cloud dot plot is aligned with the market which expects a total of 7 hikes this year. In fact, the scenario is already discounted by the market; tech stocks rebounded strongly yesterday.

Yesterday, Apple [AAPL.O] closed at $ 159.6 (+2.9%). Today, it is flat in pre-trading. Despite the weakness of the Nasdaq-100 since the beginning of the year, the key support in the $150 price range holds and the stock holds near the highs. Apple is showing a lot of relative strength compared to other tech stocks.

We recommend going LONG on the stock by buying the Leverage Shares 3X APPLE ETP (ISIN: IE00BK5BZS07) also listed on Borsa Italiana or 2x TP (ISIN: IE00BF03XJ35), with an increase in exposure on any downturns towards $140, with short term targets towards $160 (target taken last night) and $170. Alert/stop loss should be below $140 (daily closing). From an investment perspective, however, we highlight the stock tracker certificates with 1x leverage (ISIN: XS2337099563).


The information provided by Websim, a division of Intermonte SIM, a company authorised by CONSOB to provide investment services and registered in the Italian SIM under no. 246, are obtained from sources deemed reliable (of which the company is not able to guarantee the absolute completeness and accuracy) and in any case, if there are doubts about their reliability, this will be clearly indicated. The main purpose of the site is to provide a set of updated and accurate information, studies and analyses in compliance with the provisions of the «recommendations» in current legislation and does not represent a «solicitation to invest» pursuant to art. 1, paragraph 1, lett. t) of Legislative Decree 58/1998.

Your capital is at risk if you invest. You could lose all your investment. Please see the full risk warning here.

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Violeta Todorova

Senior Research

Violeta se unió a Leverage Shares en septiembre de 2022. Ella gestiona la realización de análisis técnicos, investigación macroeconómica y de acciones, y ofrece información valiosa que ayuda a la definición de estrategias de inversión para los clientes.

Antes de unirse a LS, Violeta trabajó en varias empresas de inversión de alto perfil en Australia, como Tollhurst y Morgans Financial, donde pasó los últimos 12 años de su carrera.

Violeta es una técnica de mercado certificada de la Asociación Australiana de Analistas Técnicos y tiene un Diploma de Postgrado en Finanzas e Inversiones Aplicadas de Kaplan Professional (FINSIA), Australia, donde fue profesora durante varios años.

Julian Manoilov

Marketing Lead
Julián se unió a Leverage Shares en 2018 como parte de la principal expansión de la compañía en Europa del Este. Él es responsable de diseñar estrategias de marketing y promover el conocimiento de la marca.

Oktay Kavrak

Head of Communications and Strategy

Oktay se incorporó en Laverage Shares a fines de 2019. Él es responsable de impulsar el crecimiento del negocio al mantener relaciones clave y desarrollar la actividad de ventas en los mercados de habla inglesa.

Él vino de UniCredit, donde fue gerente de relaciones corporativas para empresas multinacionales. Su experiencia previa es en finanzas corporativas y administración de fondos en empresas como IBM Bulgaria y DeGiro / FundShare.

Oktay tiene una licenciatura en Finanzas y Contabilidad y un certificado de posgrado en formación empresarial de Babson College. También es titular de una certificado CFA (Chartered Financial Analyst).

Sandeep Rao

Investigación

Sandeep se unió a Leverage Shares en septiembre de 2020. Está a cargo de la investigación de líneas de productos existentes y nuevas, clases de activos y estrategias, con un enfoque particular en el análisis de eventos y desarrollos recientes.

Sandeep tiene una larga experiencia en los mercados financieros. Comenzó en un hedge fund con sede en Chicago como ingeniero financiero, su carrera abarcó varios dominios y organizaciones durante un período de 8 años, desde la División de Prime Services de Barclays Capital hasta (más recientemente) el Equipo Index Research de Nasdaq.

Sandeep tiene una maestría en Finanzas, así como un MBA del Illinois Institute of Technology de Chicago.

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