Apple Warns on Virus

Yesterday, the financial world got a bit of a shock when Apple (AAPL) warned that due to the coronavirus, they won’t hit their revenue targets for fiscal Q2.

They didn’t provide new numbers; they just said they won’t hit the old ones. Shares of Apple are down a bit today along with some big-name tech stocks. When you’re worth $1.4 trillion, anything you say will get attention.

Not much news on our Buy List. I see that Globe Life (GL), Ross Stores (ROST) and Silgan (SLGN) are all at new highs this morning.

Middleby (MIDD) finally said when it will report its earnings. The date is February 26.

Posted by on February 18th, 2020 at 11:22 am


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