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  • 7 Stocks In Consumer Electronics Industry You Can’t Ignore In 2020

    7 Stocks In Consumer Electronics Industry You Can’t Ignore In 2020

    Consumer Electronics include smartphones, cameras, game consoles, GPS navigators and video media, etc and this industry generated profit through the sale of these products. With the evolution of new technology, the demand for these products also increases. Consumers want a wide range of new products with more capabilities and expanded services and installations.

    The consumer electronics industry is expected to show positive growth because of the new trends and technological innovations in the technology sector. This industry is following various new trends to keep pace with the fast-growing market. One of the trends is 5G technology which promised to be much faster in terms of speed of the internet. This technology is also helpful for people living in areas that areas where they have very poor or weak 4G coverage.

    Let take a look at how this industry is using new technology to meet the needs of consumers:

    Apple Inc. (NASDAQ: AAPL)

    Apple Inc. (NASDAQ: AAPL) shares were trading down -5.60% at $108.86 at the time of writing on Friday. Apple Inc. (NASDAQ: AAPL) share price went from a low point around $53.15 to briefly over $137.98 in the past 52 weeks, though shares have since pulled back to $108.86. AAPL market cap has remained high, hitting $1972.26B at the time of writing, giving it a price-to-sales ratio of more than 7. If we look at the recent analyst rating AAPL, Atlantic Equities resumed coverage on AAPL shares with an Overweight rating and a $121.77 price target, which implies room for 12.91% upside momentum this year.

    Sonos Inc. (NASDAQ: SONO)

    Sonos Inc. (NASDAQ: SONO) last closed at $14.60, in a 52-week range of $6.58 to $17.83. Analysts have a consensus price target of $16.43. Sonos Inc. revealed that it has decided to release its financial results for the fourth quarter and fiscal year ended October 3, 2020, on November 18, 2020. SONO market cap has remained high, hitting $1.69 B at the time of writing.

    Vuzix Corporation (VUZI)

    Vuzix Corporation (VUZI) stock drop by -2.72% to $3.94. The most recent rating by Alliance Global Partners, on May 11, 2020, is at a Neutral. Vuzix Corporation (VUZI) earlier disclosed that it has decided to host a conference call regarding its third quarter 2020 operating results at 4:30 PM Eastern Time (ET), November 9, 2020.

    GoPro Inc. (NASDAQ: GPRO)

    GoPro Inc. (NASDAQ: GPRO) shares headed falling, lower as much as -2.78%. The most recent rating by Citigroup, on March 16, 2020, is at a Sell. GoPro Inc. (GPRO) has announced earlier that it is scheduled to release its financial results for the third quarter ended September 30, 2020, after the market closes on November 5, 2020. GPRO market cap has remained high, hitting $964.30 million at the time of writing.

    Sony Corporation (NYSE: SNE)

    Sony Corporation (NYSE: SNE) rose 0.28% after gaining more than $0.23 on Friday. Sony Corporation (SNE) is reportedly in final talks with AT& T to buy U.S. animation-streaming service Crunchyroll in a deal worth more than 100 billion yen ($957 million), the Nikkei business daily reported on Friday.

    iRobot Corporation (NASDAQ: IRBT)

    iRobot Corporation (NASDAQ: IRBT) last closed at $79.58, in a 52-week range of $32.79 to $98.55. Analysts have a consensus price target of $92.20. iRobot Corporation (IRBT) share price went from a low point around $32.79 to briefly over $98.55 in the past 52 weeks. IRBT market cap has remained high, hitting $2.27 Billion at the time of writing.

    Turtle Beach Corporation (NASDAQ: HEAR)

    Turtle Beach Corporation (NASDAQ: HEAR) stock drop by -5.56% to $18.02. The most recent rating by Stifel, on September 30, 2020, is at a Buy. Turtle Beach Corporation (HEAR) and its Hamburg, German-based PC brand ROCCAT, earlier revealed their line-up of brand ambassadors coming together to stream for the Gamers Outreach charity.

  • Should You Be Holding Apple Inc (NASDAQ:AAPL) Right Now?

    Should You Be Holding Apple Inc (NASDAQ:AAPL) Right Now?

    Shares of Apple Inc. (NASDAQ: AAPL) fell 8% on Thursday as it has announced that it is delaying the release of a new privacy control feature as Facebook Inc has opposed the move. Apple believes that privacy is the basic human right. Its new privacy control feature was anticipated to be incorporated in the latest iOS 14 iPhone Operating System.

    Apple disclosed that the apps on iOS14, iPadOS 14, and tvOS 14 will be required to get the permission of the user to track users’ locations across apps or websites owned by other companies. In short, this move allows users to choose whether they allow an app to track them or not.

    But Facebook Inc said that this move will hurt its business model as this new feature will make it difficult for them to track the user and badly affected the advertising on its platform. Apple announced that the delay in the release of new privacy control features will give time to the developer to make required changes in its apps.

    Shares of Apple dropped 8.01% as it lost -10.52 on Thursday. In the past 52-weeks of trading, this company’s stock has oscillated between the low of $51.06 and a high of $137.98. AAPL has moved up 136.76% from its 52-weeks low and moved down -12.39% from its 52-weeks high. If we look at its profitability, it has a return on assets, equity, and investment of 17.70%, 70.70%, and 26.90%, respectively. Apple Inc. market capitalization has remained high, hitting $2070.71 billion at the time of writing. Focusing on its liquidity, it has a current ratio of 1.50.

    Apple Inc has also disclosed today that it was committed to freedom of information and expression in human rights policy. Apple said that it believes that there is a need for a society where information flows freely. The company is gearing up for the release of the 5G iPhone next month. Previously, Apple Inc has also disclosed its plan to invest in the construction of two of the world’s largest onshore wind turbines.

  • Which One is Better After Stock Split: TSLA or AAPL?

    Which One is Better After Stock Split: TSLA or AAPL?

    It is a good day for Tesla [NASDAQ: TSLA] and Apple [NASDAQ:AAPL] investors. The two companies have done a stock split to become accessible to a wider investor base. Investor momentum in the two is being driven by the excitement around the stock split and the fact that they are both fundamentally strong companies. Tesla has turned profitable and continues to record strong revenue numbers.

    Apple Inc [AAPL] too is on a growth trajectory and has made history by hitting a valuation of $2 trillion. So between these two companies, which one is a better hold?

    Well, the two stocks are a good hold both for short-term and long-term investing.  As such with enough resources, holding both presents a good opportunity for gains.

    However, if one only has the resources to invest in one of the two stocks, AAPL would be a better hold. That’s because, it is a dominant player in its markets, with little possibility of being overtaken by any other company.  For context, Apple dominates 50% of the smartwatch market.

    The company’s core product, the iPhone is one of the fastest-selling smartphones in the market. Most importantly, the iPhone stands out for the margins it makes per phone. The company sells the phones at a premium and is the key reason behind Apple’s huge valuation. Going by the iPhone’s brand equity, it is unlikely to be dethroned by any other smartphone maker anytime soon.

    On top of that, the company has been able to leverage the iPhone to sell a wide array of profitable products. Apple enjoys a near duopoly with Google in the Apps market. The Apple store is a major revenue driver for Apple.

    This is evident in its recent tussle with Fortnite over the commissions that the company charges. Despite the high commissions it charges, the company has the market power to dictate terms as was seen in its ability to kick out Fortnite, a major gaming company from its platform.

    Looking into the future, Apple stands to benefit from the upcoming 5G networks. 5G will unlock a new wave of applications for the iPhone, creating a new growth cycle for the company. This makes AAPL a viable stock to hold long-term.

    Tesla has its strengths but its biggest risk is competition. As the large carmakers such as Toyota and Volkswagen enter the electric car space more aggressively, Tesla’s growth curve could flatten. Nonetheless, the company is investing heavily in R&D and will remain a major player in the electric car market going forward.