Morgan stanley 30 stocks 2018

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley is "increasingly bullish" about the iPhone 12 cycle and has hiked the target Apple stock price, because of better-than-expected sales performance in China, stable build numbers, and other positive data. In a note to investor seen by AppleInsider , lead analyst Katy Huberty writes that the iPhone 12 is "surprising to the upside in China." The trend comes after months of supposed smartphone weakness in China. The analyst estimates that iPhone shipments are up around 40% year-over-year in China in the quarter to date. That's based on smartphone shipment information released by the Chinese government. Since it doesn't break out Android versus non-Android devices, the percentage of smartphones sold in China that are iPhones is an estimate. Total … [Read more...] about Morgan Stanley raises AAPL to $144 on iPhone 12 strength in China

Morgan Stanley has raised its AAPL price target to $164 on blockbuster Apple December quarter results, and said that products like the iPhone could see continued strength in the second quarter. In a note to investors seen by AppleInsider , Morgan Stanley analyst Katy Huberty said that some of the highlights of Apple's Q1 2021 earnings report were "faster iPhone share gains, installed base growth, and services monetization." Those factors, along with a refreshed product lineup and a continued remote education and learning environment, hint at strong double-digit growth over the next several quarters, Huberty said. Other key metrics support an overall faster growth outlook in the long term. They include an acceleration in Apple's installed base growth — from 7% to 10% — and services monetization, as well as a recovery in China. The analyst adds that Apple's gross margin of 39.8% was 160 basis points higher than she modeled. Guidance suggesting upcoming March … [Read more...] about Morgan Stanley raises AAPL to $164 on Q1 2021 results, says Q2 outlook is strong

AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. Morgan Stanley has raised its Apple price target to $152 on expectations of a strong December quarter across its product and services portfolio. In a note to investors seen by AppleInsider , analyst Katy Huberty says that recent checks indicated that 5G adoption, the switch to remote education and work, and sustained App Store engagement all drove Apple to a potential blockbuster of a December quarter. "Our recent conversations suggest investors expect Apple to release solid, but not great, December quarter results," Huberty writes. "We disagree and believe that Apple is likely to report all-time record quarterly revenue and earnings." The analyst expects Apple to report double digit year-over-year growth across all five of its revenue segments, with some … [Read more...] about Morgan Stanley raises AAPL target to $152, expects blockbuster December quarter

Stock gains extend By Thanh Thom Prime Minister Nguyen Xuan Phuc beats the gong to open the Lunar New Year’s trading session on the Hanoi Stock Exchange today – PHOTO: VNA HCMC – Local stocks rallied for the second session today, January 12, after the end of the long Lunar New Year holiday (Tet) as banks and property developers are performing well on earnings expectations. With 180 advancers and 113 decliners, the benchmark VN-Index of the Hochiminh Stock Exchange rose by 11.44 points, or 1.24%, over the previous session to 937.54 points. Active cash flow stoked trade on the southern bourse as trading volume and value expanded 51% and 43.6% day-on-day at 188 million shares and VND4.2 trillion. All of the top 10 stocks by market capitalization made gains. Property developer VIC went up to an intraday high of VND109,100, a 4.9% rise over the previous day. They were followed by consumer goods firm MSN at VND82,300 (2.62%), brewer SAB at VND237,800 (1.93%), and … [Read more...] about Stock gains extend

Bank stocks underpin VN-Index By Phuong Thao HCMC – Despite having no support from cash flow, domestic stocks managed to stage a slight recovery today, January 23, after one losing session, as some large stocks in the banking sector advanced. The VN-Index of the Hochiminh Stock Exchange closed the day at 908.18, up a fractional 1.63 points, or 0.18%, compared to the previous session. Trading volume on the southern bourse fell 15% at over 129 million shares while value was almost unchanged at around VND2.6 trillion. In the banking sector, three stocks BID, TCB and HDB lost ground while seven others increased. TPB was the top gainer for adding 3.8% at VND21,800, whereas STB gained 3.4% at VND12,150 and CTG rose 2% at VND19,950. STB was the most actively traded stock with 7.8 million shares changing hands, followed by CTG with matching volume of over 6.9 million shares. Notably, foreigners strongly picked bank shares as they net bought VND35.9 billion worth of CTG shares and … [Read more...] about Bank stocks underpin VN-Index

Stock trading seen challenging this week By Thanh Thom A passer-by walks past the statues of the bull and the bear in front of the Hochiminh Stock Exchange in District 1, HCMC – PHOTO: THANH HOA HCMC – Recent market movements may make it hard to decide which stocks to invest in for short and long terms this week. Bao Viet Securities Company (BVSC) said in a report that the VN-Index of the Hochiminh Stock Exchange is forecast to move sideways this week and see strong divergence among stocks. Liquidity on the southern bourse would remain low. Meanwhile, according to BIDV Securities Company, there is no positive macroeconomic news at home and abroad. The company said investors should keep a close watch on global economic developments, especially the government of the United Kingdom which is preparing to set out a so-called Brexit “Plan B” on January 29 and the United States Federal Reserve which is planning to announce its new policy on January 30. Viet Capital … [Read more...] about Stock trading seen challenging this week

Bank stocks decline despite lenders' handsome profits By Phuong Thao HCMC – Many banks continued to report positive figures in their financial statements for the last quarter and the entire year 2018, but their stock prices on bourse still decreased today, January 16. Among 10 listed bank stocks, VCB slid around 0.89% at VND55,400 and BID lost over 0.9% at VND32,200. TCB, which replaced CTG in the second place in the top five banks by 2018 profit and became the first private bank reaching the profit level of VND10 trillion, also moved sideways at VND26,500. VPB was the only bank jumping over 3.1% at VND19,850. The lender was also in the top five though it missed the 2018 target, said tinnhanhchungkhoan.vn. The VN-Index of the Hochiminh Stock Exchange moved flat again, losing a marginal 0.98 point, or 0.11%, against the previous day at 908.7. Market breadth was neutral with 131 stocks rising versus 143 others ending lower. Turnover on the southern bourse improved strongly … [Read more...] about Bank stocks decline despite lenders’ handsome profits

Stocks move flat on dull trade By Phuong Thao HCMC – The local stock market resumed sideways movements today, January 14, as most investors stayed on the sidelines amid the lack of supporting information. The VN-Index of the Hochiminh Stock Exchange lost a fractional 0.91 point, or 0.1%, against last Friday to close at 901.8. BIDV Securities Company in its daily comment said that most sectors lost ground, except for some seafood and apparel firms that are expected to benefit from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In the afternoon phase, bottom fishers picked blue chips such as realty stock VHM, retailer VRE and fuel group GAS, helping curb the market downtrend and keep the main index above the 900-point level. VNM, a dairy company, also performed strongly as it gained 0.7% to the intraday high of VND135,000. However, market turnover continued slumping with matching value contracting to under VND2 trillion, suggesting that … [Read more...] about Stocks move flat on dull trade

Local stocks tumble The Saigon Times Daily An electronic stock quotation board shows local stock prices at a securities firm in HCMC. The benchmark index closed down today, September 3 - PHOTO: THANH HOA HCMC – The benchmark index eased off its three-day winning streak with a 0.48% decline to close below 980 points today, September 3. After the National Day holiday, the stock market is still facing the pressure from yuan devaluation and a wait for the U.S. Federal Reserve (Fed)’s decision on interest rate policy for the U.S. dollar at a meeting in September. Investors’ sentiment was affected by these factors, resulting in selling pressure and sending the main index down. As reported by Bao Viet Securities JSC in its daily report on August 30, the VN-Index would fluctuate in a narrow range and face selling pressure in the coming sessions. The southern bourse would be affected by the third quarter business results, apart from the restructuring of the portfolio of … [Read more...] about Local stocks tumble

Brokerages: Stocks seen sliding this week By Phuong Thao HCMC – Securities firms have predicted that stocks will face a short-term correction in the next few days as many large caps came under selling pressure last week. The VN-Index of the Hochiminh Stock Exchange slid 0.43% last Friday after a three-day rise as investors continued seeking short-term profits. However, the index jumped 1.8% in four out of five weeks. Steel maker HPG was the top contributor to the day’s losses as it plunged to its floor price in heavy trading after its 2019 business plan was released. The firm looks to a 22% drop in after-tax profit compared to last year. Lender VCB and consumer goods producer MSN also weighed on the index. YEG, a media and entertainment company, fell to its floor price for a tenth consecutive day, ending the week down 30% after having edged 30% lower in the previous week. According to Thanh Cong Securities, after a three-day rally, investors took caution as large-cap stocks … [Read more...] about Brokerages: Stocks seen sliding this week