For the third quarter it was all information technology, as the big names -- Apple, Alphabet, Intel, Microsoft (MSFT) -- all posted double-digit gains. And Amazon, which is not a tech issue but has it as a key element of its business, is up 15.9% for the quarter," S&P analyst Howard Silverblatt told IBD, with one session still left in the quarter.
Apple's stock was up 17.3% in Q3 as of Thursday's close and 6.6% for the year. Apple stock has bounced back on views iPhone 7 demand could surpass low expectations, but it's still mediocre in the ratings, with a so-so Composite Rating of 56 and equally mediocre Relative Strength Rating of 65. Source:http://ift.tt/2cQxY7T
Submitted September 30, 2016 at 09:20AM by rogerdrago http://ift.tt/2dwK7wT
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