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Why To Sell Apple Now Before Trade War Gets Too Hot

Why To Sell Apple Now Before Trade War Gets Too Hot

Apple Inc. (AAPL), whose future looked bright only a month ago as its valuation approached nearly $1 trillion, now risks becoming a major casualty of the U.S.-China trade war. HSBC Global Research recommends that investors consider dumping shares of Apple, one of the most dependent U.S. tech giants on the China market, before the trade war inflicts a potentially sharp decline in its profits, per Barron’s. Shares of iPhone maker Apple skyrocketed 37% this year through early May, fueled by the bull rally and optimism about Apple's future.