US Nasdaq stock alert

USA

CLOSING UPDATE: Apple increased a further 0.1%, led market higher 24 July 2017 17:53 EDT

NEWS BITES - NORTH AMERICA

This is an end of day Alert, produced after today's NASDAQ market close. It concludes the BSS News Bites intra-day Alert series (summaries below).

Apple, NASDAQ's largest computer integrated systems company by market capitalisation, has increased 1.2% to trade at $US152.09 vs. the NASDAQ-100 Index which strengthened 9.5 points (or 0.2%) to 5,931.1. Representing a weighting of about 11.8% of the index, the stock accounted for 89.6% of today's gain. The shares have outperformed 84% of the market in the past one year. Trading volume was 73% of average at the end of the day. Compared with the NASDAQ-100 Index which rose 9.5 points (or 0.2%) in the day, this represented a relative price increase of 1.1%.

Technical indicators complementing today's significant uptrend:

+ The positive 1.01 MACD (Moving Average Convergence Divergence) indicator suggests a bullish signal.

+ The 2.9% discount to 12-month high of $US156.65 against the 60.8% premium to 12-month low of $US94.61 suggests the stock continues to push for new highs.

+ In the last three months the stock has hit a new 52-week high seven times, pointing to a significant uptrend.

+ The price increased 1.7% in the last week and climbed 4.4% in the last month.

Other Bullish Signals include:

+ Total Liabilities/EBITDA of 3.2 is comfortably below the Joseph Piotroski benchmark of <5.

+ Net profit margin has averaged 21.9% in the last 3 years. This is considered superior and suggests a high margin of safety.

+ As per the Du Pont analysis, Return on Equity is high at 35.6%.

Note

Bearish Signals:

Tobin's Q Ratio is 2.5. Compared with the rest of the market the stock is overvalued and ranks in the bottom quartile of stocks by value of Q Ratio.

TODAY'S ALERTS

Afternoon Alert: Apple increases 1.1%, leads market higher

24 July 2017 13:30 EDT

Apple Inc. (NASDAQ:AAPL) has increased 1.1% to trade at $US151.85 vs. the NASDAQ-100 Index which strengthened 9.5 points (or 0.2%) to 5,931.1. Representing a weighting of about 11.8% of the index, the stock accounted for 77.9% of today's gain. The shares have outperformed 83% of the market in the past one year. Trading volume was 92% of average so far today.

Morning Alert: Apple increases 0.5%, leads Computer integrated systems sector higher

24 July 2017 11:01 EDT

Apple Inc. (NASDAQ:AAPL) has increased 0.5% to trade at $US151.06 vs. the Computer integrated systems sector which strengthened 61.1 points (or 0.5%) to 11,714.7. Representing a weighting of about 99.6% of the sector, the stock accounted for the gain. The shares have outperformed 82% of the market in the past one year. Trading volume was 81% of average so far today.

RECENT ALERTS

CLOSING UPDATE: Apple increased losses by 0.1%, led Computer integrated systems sector lower

21 July 2017 17:53 EDT

Apple, NASDAQ's largest computer integrated systems company by market capitalisation, has decreased 0.05% to trade at $US150.27 vs. the Computer integrated systems sector which weakened 5.3 points (or 0.05%) to 11,653.6. Representing a weighting of about 99.6% of the sector, the stock accounted for 92.8% of today's loss. Trading volume was 85% of average at the end of the day. Compared with the NASDAQ-100 Index which rose 0.3 points (or 0.01%) in the day, this represented a relative price change of -0.1%.

Afternoon Alert: Apple decreases 0.1%, leads Computer integrated systems sector lower

21 July 2017 13:29 EDT

Apple Inc. (NASDAQ:AAPL) has decreased 0.1% to trade at $US150.15 vs. the Computer integrated systems sector which weakened 14.4 points (or 0.1%) to 11,644.5. Representing a weighting of about 99.6% of the sector, the stock accounted for the loss. Trading volume was 1.3 times average so far today.

Apple Inc. (O:AAPL)

ISIN: US0378331005

PermID: 4295905573

CIK: 320193

CUSIP: 037833100

Source: www.BuySellSignals.com