|Bid||80.29 x 800|
|Ask||80.30 x 800|
|Day's Range||79.88 - 80.40|
|52 Week Range||55.32 - 80.40|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||10.72%|
|Beta (5Y Monthly)||1.15|
|Expense Ratio (net)||0.08%|
Microsoft delighted investors with blow-out fiscal second-quarter 2020 results. It topped both revenue and earnings estimates, and witnessed a rebound in Azure sales growth.
Apple encouraged investors with blockbuster first-quarter fiscal 2020 results, wherein it topped both earnings and revenue estimates and offered an upbeat outlook for the ongoing quarter.
Analysts raising estimates right before earnings - with the most up-to-date information possible - is a pretty good indicator for the stock.
This article was originally published on ETFTrends.com. Investors looking for a cost-effective avenue for betting on large-cap technology stocks should consider the Fidelity MSCI Information Technology Index ETF Technology Equities (FTEC). Like the other members of Fidelity's lineup of expansive sector ETFs, FTEC is the least expensive fund in its respective category, charging just 0.08% per year.
It is less likely that Santa alone will drive Wall Street this season as trade tensions persist. Overall, these ETF investing trends should stay strong.
Apple (APPL) reported fourth-quarter earnings that bested analyst expectations on Wednesday, as a result of strong performance in services and its fast-growing wearables business. Although Apple’s iPhone business was down 9% year-over-year, the company signaled that it expected a substantial holiday quarter, and Apple stock climbed more than 1% in after-hours trading.
Apple encouraged investors with robust fourth-quarter fiscal 2019 results, wherein it topped both earnings and revenue estimates and offered an upbeat holiday quarter outlook.
The slew of new gadgets and cheap pricing are expected to boost Apple's revenues, compelling investors to look at ETFs that are dominated by this tech titan.
Apple encouraged investors with robust third-quarter fiscal 2019 results. It returned to revenue growth after two consecutive quarters of decline and offered a better-than-expected outlook for fiscal fourth quarter.
Apple has returned about 31.7% over the past three months, slightly outperforming the industry's gain of 31.1%. The momentum may continue if the company beats estimates in the soon-to-be reported quarter.
Apple is said to be buying Intel's 5G modem business to integrate the technology into its iPhones and bring it on line in 2020. These ETFs would rally if the move materializes.