I believe the Fed will continue to reiterate that inflation is transitory. This might heard a good Q3/4 for growth and tech stocks. However, always good to have a small portion of one's portfolio to be in value plays for hedging.
Please take a look at ZIM Integrated Shipping Services ($ZIM). Strong financials relative to industry averages, competitive edge in an industry which can benefit from supply-side inflationary pressures, and openness towards innovation. Stock got beat down from a recent secondary offering too (current stock price is near its secondary offering price). Cheers.
Apple bull expects iPhone maker to hit $3 trillion market cap in 2022
Apple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives.The iPhone maker's shares are down about 5% year-to-date and earlier this year, investors dumped the company's stocks following a historic December quarter.Apple is the world's most valuable company with a current market cap of around $2.1 trillion. Apple gained 0.65% in premarket trading.Apple could hit a $3 trillion market capitalization in 2022, according to Wedbush analyst Dan Ives, who is bull