BofA Securities: 10 reasons to buy Apple stock
BofA Securities analyst Wamsi Mohan in a new note to clients lists 10 reasons to buy Apple stock, after the company steamrolled the Street by posting blowout Q3 earnings on Thursday:
1. Product revenue growth despite COVID-19 related store closures and stay at home orders during fiscal third quarter reaffirms our confidence in installed base stickinessStimulus benefit shows continued price elasticity of demand for iPhones
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