![]() ![]() Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Free: See Our Top Stock and 4 Runners Up > This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time. It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all. Apple is holding a Zacks Rank of #3 (Hold) right now.įrom thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. ![]() Within the past 30 days, our consensus EPS projection has moved 0.02% lower. ![]() Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system. Our research shows that these estimate changes are directly correlated with near-term stock prices. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability. These revisions typically reflect the latest short-term business trends, which can change frequently. These results would represent year-over-year changes of -0.98% and -2.93%, respectively.Īny recent changes to analyst estimates for Apple should also be noted by investors. Meanwhile, our latest consensus estimate is calling for revenue of $88.99 billion, down 1.28% from the prior-year quarter.ĪAPL's full-year Zacks Consensus Estimates are calling for earnings of $6.05 per share and revenue of $382.78 billion. This would mark year-over-year growth of 7.75%. In that report, analysts expect Apple to post earnings of $1.39 per share. Apple will be looking to display strength as it nears its next earnings release. ![]()
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