After a slow start to the year, Apple (AAPL) stock appears to be picking up steam. Along with some of its peers in the mega-cap group, the tech giant will report the June quarter’s (FQ3) results today. Canaccord’s Michael Walkley thinks Wall Street is underestimating the progress being made at the world’s most valuable company. “Apple continues to demonstrate the strength of its product ecosystem, and we believe consensus estimates will prove conservative for Q3 results and Q4 guidance should Apple return to providing guidance,” the 5-star analyst wrote. In fact, heading into the print, to reflect his growing confidence, Walkley has made some adjustments to his AAPL model.
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Apple (NASDAQ:AAPL)
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