Month: May 2022

The All Ordinaries Index (ASX: XAO) is in the green on Wednesday, lifting 0.62%, helped along by these shares.

Interestingly, they’ve found themselves among the index’s leaders without uttering a single word to the market today.

Let’s take a look at the three All Ords shares leaping more than 4%.

3 ASX All Ordinaries shares taking off today

GQG Partners Inc (ASX: GQG)

Wednesday is proving to be an unexpectedly good day for the GQG Partners share price. It is currently 6.29% higher, trading at $1.61.

The last time the market heard price-sensitive news from the global asset management firm was on 19 May.

Then, it announced it will be paying investors approximately 90% of its first-quarter earnings in the form of a dividend valued at 2.09 US cents.

Interestingly, the company traded ex-dividend yesterday. Its share price dumped 1.95% during Tuesday’s session.

Nufarm Ltd (ASX: NUF)

Another All Ordinaries share recording notable gains for no apparent reason today is Nufarm. The agriculture chemical company’s stock is currently trading at $5.29, 5.91% higher than its previous close.

There’s been no news from the company today. However, it released a potentially upsetting announcement yesterday, seemingly spurring the market to bid its stock 14.55% lower.

The company disclosed that its largest shareholder, Sumitomo, had ditched its 15.9% stake in the company on Tuesday.

Thus, today’s gain could be a simple correction after yesterday’s sell-off.

Perseus Mining Limited (ASX: PRU)

The final ASX All Ordinaries share launching upwards is Perseus Mining. The company’s share price has lifted 4.53% to trade at $1.96 today.

The last time the market heard from the West Africa-focused gold miner was on Friday.

Then, it announced it had completed its acquisition of Canadian company, Orca Gold Inc.

The stock might also be getting a boost from the gold price which rose 1% overnight, according to CommSec.

The post 3 ASX All Ordinaries shares enjoying a Wednesday windfall appeared first on The Motley Fool Australia.

More reading

• ASX 200 midday update: BHP and Pilbara Minerals shares tumble
• Here are the top 10 ASX shares today
• Why Nufarm, Sayona Mining, Tabcorp, and TechnologyOne shares are falling
• Here are the 3 most traded ASX 200 shares on Tuesday
• ASX 200 midday update: Nufarm, Tabcorp and TechnologyOne tumble

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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One ASX mining share is easily outperforming the S&P/ASX 200 Index (ASX: XJO) on Wednesday.

The Talisman Mining Ltd (ASX: TLM) share price is surging 20% at the time of writing and is currently trading at 18 cents.

So why is this ASX mining share having such a good day?

Optimism from chairman

Talisman Mining shares could be rising amid a positive outlook from the company’s chairman and rich lister Kerry Harmanis.

Harmanis established West Australian nickel miner Jubilee Mines in 1987 before selling it off to Xstrata for $3.1 billion in October 2007. And now, Harmanis is confident Talisman is on the verge of a discovery. Speaking to the Australian Financial Review, Harmanis said:

We are well on our way. I’m very confident.

I’ll be staggered if we don’t find something, or two, this year. 

Talisman is exploring copper and gold at the Lucknow Gold project and Lachlan Copper-Gold project. The company also receives royalties from the Wonmunna Iron Ore Project in the Pilbara in Western Australia.

Harmanis is a substantial shareholder in the company, holding 33,859,138 shares — that’s an 18% stake in the company.

In a quarterly report released in late April, Talisman highlighted it received $1.24 million in royalties from the Wonmunna project in the quarter.

Since March 2021, Talisman has gained $5.35 million in royalty payments from the project. The Wonmunna mine is owned by Mineral Resources Limited (ASX: MIN).

Talisman has more than $8.2 million cash in hand as at the end of the quarter.

Share price snapshot

Talisman shares have dropped nearly 20% in the past 12 months, while they are up 12.5% year to date.

For perspective, the benchmark index has climbed 2% during the past year.

The ASX mining share has a market capitalisation of about $33 million based on its current share price

The post ‘I’ll be staggered if we don’t find something’: Why this tiny ASX mining share is surging 20% today appeared first on The Motley Fool Australia.

More reading

• After being stuck in the mud for 3 years, are CSL shares a buy today?
• Is Snap stock a buy after its spectacular fall from grace?
• Top brokers name 3 ASX shares to buy today
• Here’s why the Costa share price is shooting 8% higher today
• Why is the NAB share price having such a cracker of a day?

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The CSL Limited (ASX: CSL) share price used to be one of the most seemingly bulletproof investments on the ASX. For years and years, it seemed CSL shares could only go up. And this was true for a time. CSL spent eight years from 2012 to 2020 rising from around $30 to over $300, finally topping out at roughly $336 a share in February 2020.

But the past three years have been a very different story for CSL shares. Since reaching the all-time high of $336 a share in February 2020, CSL has yet to reclaim that high. In fact, the company is today sitting at just over $273 a share at the time of writing. That’s a good 19% or so away from CSL’s high watermark. The first time CSL hit $270 a share, it was back in late 2019. That means that for almost three years, CSL shares have been stuck in the mud. On today’s pricing, the company remains down by 6.5% over the past 12 months, and down close to 8% in 2022 so far.

So is it winner to loser for CSL? Or does this meandering share price performance give investors a compelling buy case for CSL today?

Are CSL shares a buy today?

Well, ASX broker Citi reckons it’s the latter. As my Fool colleague James covered last week, Citi is currently a fan of CSL shares. It has given the ASX 200 healthcare giant a buy rating and a 12-month share price target of $335 – back to its old all-time high. The broker reckons that CSL will continue to benefit from improved plasma collections and “strong underlying demand” for its products.

But Citi isn’t the only fan of CSL shares right now. My Fool colleague Tony covered an ASX fund manager’s opinion on CSL this morning, and it was also a bullish one. Catapult Wealth portfolio manager Tim Haselum named CSL as one of the two ASX shares he reckons is a best buy now. Haselum pointed to CSL’s “lifesaving and non-discretionary nature”, as well as its track record in making lucrative acquisitions, for this optimism.

So that’s how two ASX expert investors are viewing CSL shares right now. The CSL share price has been stuck in the mud for a few years. But if these two investors are to be believed, it might just hit the road again soon.

At the current CSL share price, this ASX 200 healthcare share has a market capitalisation of $131.56 billion, with a dividend yield of 0.95%.

The post After being stuck in the mud for 3 years, are CSL shares a buy today? appeared first on The Motley Fool Australia.

More reading

• The best 2 ASX shares money can buy right now: expert
• ASX shares paid out a record $98b in dividends in the 12 months to March. Which are the star performers?
• Why has the CSL share price lagged the ASX 200 over the past week?
• 2 top blue chip ASX 200 shares to buy now according to experts
• Why I would invest $10,000 into these ASX shares today

Motley Fool contributor Sebastian Bowen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended CSL Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

Snap (NYSE: SNAP) stock plunged in dramatic fashion on Tuesday, losing more than 43% of its value overnight. The catalyst that caused shares to crumble was a warning that the company’s second-quarter results would come in below its previously issued guidance, released just a month ago.

Factoring in today’s decline, Snap — the parent of social media site Snapchat — has now lost a stunning 84% from highs reached just last fall. Given its remarkable fall from grace, is Snap stock a buy?

Context matters

As with so many things, the answer won’t be the same for every investor but, in a case like this, context is important.

In a regulatory filing late Monday, Snap revealed that prevailing economic forces had turned south and the company was unlikely to live up to its previously released forecast.

“Since we issued guidance on April 21, 2022, the macroeconomic environment has deteriorated further and faster than anticipated,” the company said in a statement. 

A look at Snap’s recent results suggests that the company was facing tough comps related to its pandemic-fueled growth last year. For the first quarter (ended March 31), Snap generated revenue of $1.06 billion, up 38% year over year (on top of 66% growth last year). At the same time, the company’s adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) swung to a positive, while its operating and free cash flow came in at $127 million and $106 million, respectively. 

Snap was guiding for year-over-year revenue growth in a range of 20% to 25% and adjusted EBITDA of between breakeven and $50 million. Now, however, the company is suggesting it won’t be able to deliver on those more modest returns.

Other metrics, however, suggest that its growth will continue, albeit at a slower pace. Daily active users of 332 million grew 18% year over year, while users engaged with Snaps Places and Snap Map offerings at twice the rate of the prior-year quarter.

History suggests that advertising is among the first things to go when companies rein in spending and the current downturn will likely be no different. Given Snap’s growing user base and increasing engagement, however, the stock looks like a steal at current levels even if it takes some time for the market to recover.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Is Snap stock a buy after its spectacular fall from grace? appeared first on The Motley Fool Australia.

More reading

• What’s happening with ASX 200 tech shares today?
• Why Snap stock cratered on Tuesday
• Here’s why ASX 200 tech shares are under pressure on Tuesday
• Snapchat share price dives 30% pulling Nasdaq futures lower

Danny Vena has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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Many of Australia’s top brokers have been busy adjusting their financial models again, leading to the release of a large number of broker notes this week.

Three ASX shares brokers have named as buys this week are listed below. Here’s why they are bullish on them:

Pilbara Minerals Ltd (ASX: PLS)

According to a note out of Macquarie, its analysts have retained their outperform rating and $4.00 price target on this lithium miner’s shares. This follows news that the company’s fifth BMX auction received a winning bid of US$5,955 per dry metric tonne, which was well-ahead of Macquarie’s forecasts. Outside this, the broker notes that current lithium prices are significantly higher than its forecasts. This could lead to huge revisions to its earnings estimates if they don’t retreat. The Pilbara Minerals share price is trading at $2.79 today.

TechnologyOne Ltd (ASX: TNE)

A note out of Goldman Sachs reveals that its analysts have retained their buy rating but trimmed their price target on this enterprise software company’s shares to $13.30. This follows the release of a half-year result that beat on the top line but missed on the bottom line. Goldman has responded by upgrading its revenue estimates but trimming its earnings estimates due to softer margin expectations. But with its price target offering material upside, it remains bullish on the investment opportunity here. The TechnologyOne share price is fetching $10.20 today.

Wesfarmers Ltd (ASX: WES)

Analysts at UBS have upgraded this conglomerate’s shares to a buy rating with a $56.00 price target. The broker notes that Wesfarmers’ shares have come under pressure amid concerns over consumer spending due to higher inflation. However, the broker feels investors should be focusing on Wesfarmers’ non-retail businesses, such as WesCEF, which are performing very positively. Combined with its exposure to lithium, the broker believes these businesses could offset any weakness in the retail business. The Wesfarmers share price is trading at $46.87 on Wednesday.

The post Top brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

More reading

• ASX 200 midday update: BHP and Pilbara Minerals shares tumble
• Pilbara Minerals share price falls despite record BMX auction
• Why I think the Wesfarmers share price is a buy right now
• Experts name 2 ASX dividend shares to buy
• 5 things to watch on the ASX 200 on Wednesday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Goldman Sachs. The Motley Fool Australia has positions in and has recommended Wesfarmers Limited. The Motley Fool Australia has recommended Macquarie Group Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The Costa Group Holdings Ltd (ASX: CGC) share price is launching upwards after the company’s management updated the market on its performance and outlook for 2022.

Costa has been hit with expected higher fertiliser, packaging, and export shipping costs. Though, it’s hoping to offset some of the expense with stronger pricing.

At the time of writing, the Costa share price is $3.16, 8.59% higher than its previous close.

Let’s take a closer look at the latest news from the grower, packer and marketer of fresh fruit and vegetables.

Costa releases performance and guidance update

The Costa share price is in the green after the company outlined its strong start to 2022 in its annual general meeting (AGM).

The company’s berry operations have been going well. Production reached record levels in China, though lockdowns in the nation challenged the business.

Back home, Tasmania’s latest berry season went better than 2021. That of North Queensland is also off to a strong start.

Pricing for Western Australian avocados started the year off on the wrong foot, but the transition from Shepard to Hass has brought more positive movements.

Finally, pricing and volumes for grapes have both bolstered this year, which happens to be a citrus ‘off year’. Only 1% of the company’s citrus crop has been harvested at this point.

Looking to the rest of 2022, the company expects its operating and growth capital expenditure to be in line with previous guidance.

Costa’s prior guidance of around $130 million of depreciation and amortisation expenses also stands. As does interest costs of around $38 million.

That reflects the impact of 2021 acquisitions and the renegotiation of leases taking effect late last year.

The company’s earnings before interest, tax, depreciation, material items and fair value movements in biological assets is still expected to be around $5 million higher this year.

Meanwhile, its net profit after tax (NPAT) (excluding certain items) is predicted to be $6.4 million lower.

Costa share price snapshot

Today’s gains haven’t been enough to boost the Costa share price back into the long-term green. Though, it’s still outperforming the S&P/ASX 200 Index (ASX: XJO) this year.

Right now, the company’s shares are trading at 4.29% higher than they were at the start of the year. Meanwhile, the index has slumped 3.54%.

Looking further into the past, however, things are different. The ASX 200 has gained 1.92% over the last 12 months, while the Costa share price has tumbled 25.3%.

The post Here’s why the Costa share price is shooting 8% higher today appeared first on The Motley Fool Australia.

More reading

• Why ALS, Costa, Superloop, and Worley shares are charging higher
• These ASX All Ordinaries shares have the greatest margin risks from surging inflation: UBS

Motley Fool contributor Brooke Cooper has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended COSTA GRP FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The National Australia Bank Ltd. (ASX: NAB) share price is zipping higher today despite no recent news from the company.

At the time of writing, the banking giant’s shares are up 2.54% to $31.88 apiece.

In contrast, the S&P/ASX 200 Financials (ASX: XFJ) is also in the green, climbing 1.14% to 6,615.7 points.

Although investors are currently upbeat, it isn’t the only major bank to see its shares tick up a notch.

The Commonwealth Bank of Australia (ASX: CBA) share price is lifting 1.5%, while Westpac Banking Corp (ASX: WBC) and Australia and New Zealand Banking Group Ltd (ASX: ANZ) have risen 1.78% and 1.2%, respectively today.

Let’s take a look at what’s driving NAB shares higher.

NAB shares on the rebound?

Positive investor sentiment is driving up the NAB share price as the market moves into a post-COVID recovery phase.

The bank’s shares briefly took a hit earlier this month following the broader sell-off on the ASX. However, with interest rates on the rise which will likely boost NAB’s revenues, bargain hunters have been swopping in.

A couple of brokers weighed in on the NAB share price around 3 weeks ago.

The team at JPMorgan raised its 12-month price target for the bank’s shares by 3% to $34.50 apiece. It appears that the broker believes that NAB is undervalued at the moment, with investors agreeing alike given the current share price.

On the other hand, analysts at Macquarie had a similar take, raising its rating by 4.6% to $34 Based on the bank’s share price, this implies an upside of roughly 6.6% from where it trades today.

NAB share price summary

Adding to its impressive gains, the NAB share price has accelerated by 20% in the past year.

It’s worth noting that at today’s prices, the company’s shares are trading above pre-COVID-19 levels.

NAB commands a market capitalisation of roughly $98.80 billion, making it the fourth largest company on the ASX.

The post Why is the NAB share price having such a cracker of a day? appeared first on The Motley Fool Australia.

More reading

• ASX shares paid out a record $98b in dividends in the 12 months to March. Which are the star performers?
• 3 reasons this broker thinks the NAB share price is great value
• Why Allkem, NAB, Pushpay, and Virgin Money UK shares are rising
• Has the NAB dividend been growing?
• 3 cheap ASX shares set to boom with higher interest rates: Wilsons

Motley Fool contributor Aaron Teboneras has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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In afternoon trade, the S&P/ASX 200 Index (ASX: XJO) is on course to record a decent gain. At the time of writing, the benchmark index is up 0.75% to 7,183.3 points.

Four ASX shares that are climbing more than most today are listed below. Here’s why they are charging higher:

ALS Ltd (ASX: ALQ)

The ALS share price is up over 2.5% to $12.08. This follows the release of the testing solutions company’s full year results this morning. ALS revealed a 23.9% increase in revenue to $2,182.3 million and a 42.1% jump in underlying net profit after tax of $264.2 million. The latter was at the top end of its $260 million to $265 million guidance range.

Costa Group Holdings Ltd (ASX: CGC)

The Costa share price is up 7.5% to $3.13. This morning the horticulture company released a trading update at its annual general meeting. That update was relatively positive throughout and revealed that Costa remains on track to deliver on its previous guidance for calendar year 2022.

Superloop Ltd (ASX: SLC)

The Superloop share price is up 4% to 82 cents. Investors have been buying this telco’s shares after it announced the acquisition of white label broadband provider Acurus for $15 million. The acquisition is expected to allow Superloop to expand white label broadband relationships and deliver profitable growth in its subscriber base. Acurus’ white label platform supports the internet offerings behind major brands such as Energy Australia and Officeworks.

Worley Ltd (ASX: WOR)

The Worley share price is up 2% to $15.04. The catalyst for this was the announcement of two new contract wins. The first is the award of a contract for the fourth expansion of an integrated polyolefins complex in Ruwais, United Arab Emirates. The other is a contract by Heartwell Renewables for field engineering services for a greenfield renewable diesel plant in Hastings, Nebraska.

The post Why ALS, Costa, Superloop, and Worley shares are charging higher appeared first on The Motley Fool Australia.

More reading

• ASX 200 midday update: BHP and Pilbara Minerals shares tumble
• 3 ASX All Ordinaries shares smashing multi-year highs on Tuesday
• These ASX All Ordinaries shares have the greatest margin risks from surging inflation: UBS
• 3 ASX 200 shares smashing multiyear highs on Wednesday

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended SUPERLOOP FPO. The Motley Fool Australia has recommended COSTA GRP FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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The S&P/ASX 200 Resources Index (ASX: XJR) is leaping 1.71% today, and ASX gold shares are part of the trend.

Gold shares rising today include Evolution Mining Ltd (ASX: EVN), Northern Star Resources Ltd (ASX: NST), OceanaGold Corp (ASX: OGC), Silver Lake Resources Limited (ASX: SLR) and
Mako Gold Ltd (ASX: MKG) .

So what is impacting ASX gold shares today?

Gold prices

At the time of writing, OceanaGold Corp shares are up 7.95%, while Evolution Mining is leaping 4.88%. Silver Lake is jumping 3.86%, while Northern Star is climbing 3.43%, and Mako Gold is up 2.47%.

Gold prices jumped in the United States overnight due to the US dollar weakening and lower treasury yields, CNBC reported.

US gold futures leapt 1% to $1,885.60 an ounce, while spot gold climbed 0.7% to $1,866.39 an ounce on Tuesday.

Commenting on the gold prices, City Index UK senior market analyst Matt Simpson said:

The weaker dollar has helped gold break back above its 200-day average… and we’re not yet convinced the greenback has seen a low.

Gold futures have since pulled back to $1,862 at the time of writing, but this is still the highest level since 9 May.

Meanwhile, Mako Gold today reported “exceptional drilling results” at the Gogbala Prospect in Côte d’Ivoire, West Africa. The company intersected high-grade gold mineralisation at 40 of 49 holes at the project.

In other news, OceanaGold released a sustainability report yesterday. President and CEO Gerard Bond described 2021 as a “remarkable year” both operationally and due to improving sustainability performance. The company aims to cut carbon emissions by 30% per ounce of gold by 2030.

Share price snapshot

OceanaGold Corp shares have surged 39% in the year to date, while Evolution Mining shares have slipped nearly 5%.

Silver Lake shares have descended 9% year to date, while Northern Star Resources have dropped 19%, and Mako Gold shares have slipped nearly 25%.

For perspective, the ASX 200 Resources Index has jumped nearly 11% year to date.

The post Why are ASX gold shares leaping today? appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Wednesday
• 5 things to watch on the ASX 200 on Tuesday
• 5 things to watch on the ASX 200 on Monday
• Here are the top 10 ASX shares today
• 5 things to watch on the ASX 200 on Thursday

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

What happened

Long-suffering tech stock investors had to endure yet another painful trading session on Tuesday. Apple (NASDAQ: AAPL) shareholders saw their company lose nearly 2% of its value. That performance was relatively good on a day when a profit warning from Snap Inc (NASDAQ: SNAP) resulted in the social media stock’s worst trading day ever, crumbling by 43% and dragging many other tech titles deep into the red along with it.

So what

Limiting the damage to Apple was a glowing research note from Bank of America. The big lender’s analyst Wamsi Mohan reiterated his buy rating on the star tech stock, and his $200 price target.

Mohan believes that the company has several strong tailwinds, including growth in user count and App Store revenue improvement.

The analyst was particularly encouraged by developments with the App Store. Revenue for the mobile marketplace rose a robust 7% year over year in the January-through-April period of 2022.

Much of this comes from the Chinese market, which is apparently home to a great many eager Apple users in search of something good to play. Mohan cited data indicating that gaming apps alone have seen growth of 13% to date in the company’s current quarter.

Now what

The analyst explained in his note that the “Chinese government lifted its nine-month new gaming licensing ban, approving 45 titles”.

Therefore, he concluded, “Given the slightly favorable stance from regulators and ongoing lockdowns in China, we potentially see upside to the China App Store growth in [the fiscal second half of 2022].”

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

The post Why Apple escaped Tuesday’s Nasdaq meltdown appeared first on The Motley Fool Australia.

More reading

• Why Apple stock jumped on Monday
• If you’d invested $1,000 in Apple in 2010, this is how much you would have today
• Why Apple stock slipped on Thursday
• Why Apple Stock is falling today
• The single greatest investing lesson I ever learned

Bank of America is an advertising partner of The Ascent, a Motley Fool company. Eric Volkman has positions in Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Apple. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended the following options: long March 2023 $120 calls on Apple and short March 2023 $130 calls on Apple. The Motley Fool Australia has recommended Apple. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

This article was originally published on Fool.com. All figures quoted in US dollars unless otherwise stated.

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