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Jul 18, 2019
Apple (AAPL, $204.20) shares get a rating upgrade by Raymond James on 5G potential

Apple (AAPL, $204.20) shares get a rating upgrade by Raymond James on 5G potential

Apple shares inched higher Thursday, following a rating upgrade by Raymond James.

Analysts at  Raymond James raised their rating on the iPhone maker’s shares to outperform, on their optimistic outlook on the company’s 5G wireless plans. The analysts indicated that Apple will likely offer 5G at lower price points and enable 5G capabilities for a wider range of iPhone models than previously expected. 

However, Raymond James’s analysts did express concerns over the immediate scenario for Apple. They feel that currently Apple's iPhone sales face challenges, since Apple has been increasing prices for its flagship phones at a time when innovation between the different models is slowing. 

But the analysts are hopeful that better bandwidth and improved connectivity of 5G technology will further strengthen the case for the rating upgrade. 

Related Ticker: AAPL

Contributor

Sergey Savastiouk, Ph.D. has a degree in Applied Mathematics from Moscow University and has extensive experience as an entrepreneur, investor, manager, and mathematician. His professional expertise is in applied mathematics, mathematical modeling, system and pattern analysis, and software and hardware system integration. He has served as the CEO of several hi-tech start-up companies and nonprofit organizations, which has given him proven capabilities in business strategy for high-tech start-up companies, market assessment, company formation, team building, product development, marketing, and sales. He has published numerous articles in journals and magazines on related fields. As a retail investor, he spent 15 years developing his proprietary trading and quantitative algorithms (now Tickeron’s A.I.), which brought him significant returns in trading the stock market. His current work and goal in founding Tickeron is to bring professional, sophisticated stock market analysis capabilities to retail investors via an easy-to-use interface.


Momentum Indicator for AAPL turns positive, indicating new upward trend

AAPL saw its Momentum Indicator move above the 0 level on August 24, 2026. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 64 similar instances where the indicator turned positive. In of the 64 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for AAPL just turned positive on August 26, 2026. Looking at past instances where AAPL's MACD turned positive, the stock continued to rise in of 46 cases over the following month. The odds of a continued upward trend are .

The 10-day moving average for AAPL crossed bullishly above the 50-day moving average on August 28, 2026. This indicates that the trend has shifted higher and could be considered a buy signal. In of 18 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where AAPL advanced for three days, in of 353 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 305 cases where AAPL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 62 cases where AAPL's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

AAPL moved below its 50-day moving average on September 09, 2026 date and that indicates a change from an upward trend to a downward trend.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where AAPL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

AAPL broke above its upper Bollinger Band on September 01, 2026. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock better than average.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating outstanding price growth. AAPL’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to consistent earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: AAPL's P/B Ratio (42.735) is very high in comparison to the industry average of (5.874). P/E Ratio (36.163) is within average values for comparable stocks, (114.599). AAPL's Projected Growth (PEG Ratio) (2.478) is slightly higher than the industry average of (1.379). Dividend Yield (0.003) settles around the average of (4.670) among similar stocks. P/S Ratio (9.980) is also within normal values, averaging (4.346).

Notable companies

The most notable companies in this group are Apple (NASDAQ:AAPL), GoPro (NASDAQ:GPRO).

Industry description

Computer peripherals connect to a computer system to add functionality or to get information from or put information into computers. Think hard disk drive, data storage systems, cloud storage devices, printer and scanner, or mouse, keyboard etc. Some of the major companies operating in the computer peripherals industry include Western Digital Corporation, Seagate Technology PLC, NetApp, Inc., Zebra Technologies Corporation, and Xerox Holdings Corp.

Market Cap

The average market capitalization across the Computer Peripherals Industry is 249.8B. The market cap for tickers in the group ranges from 1.2K to 4.6T. AAPL holds the highest valuation in this group at 4.6T. The lowest valued company is DPSM at 1.2K.

High and low price notable news

The average weekly price growth across all stocks in the Computer Peripherals Industry was -3%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was -14%. FXHO experienced the highest price growth at 15%, while GMEX experienced the biggest fall at -28%.

Volume

The average weekly volume growth across all stocks in the Computer Peripherals Industry was -62%. For the same stocks of the Industry, the average monthly volume growth was 83% and the average quarterly volume growth was 33%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 47
P/E Growth Rating: 58
Price Growth Rating: 60
SMR Rating: 84
Profit Risk Rating: 94
Seasonality Score: -17 (-100 ... +100)
Related Portfolios: TECHNOLOGY ETFs
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General Information

a manufacturer of mobile communication, media devices, personal computers, and portable digital music players

Industry ComputerPeripherals

Profile
Details
Industry
Telecommunications Equipment
Address
One Apple Park Way
Phone
+1 408 996-1010
Employees
166000
Web
https://www.apple.com
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