Apple’s (AAPL) Return To Growth & Nvidia’s (NVDA) A.I. Vulnerability

Apple (AAPL) was initiated with a neutral rating and $166 price target at DA Davidson. The analyst notes that the price reflects expectations for a significant resumption of growth. They highlight that Apple will return to a “moderate” rate of growth this year thanks to its services business and easier Mac compares. Jenny Horne discusses this story, along with how DA Davidson initiated coverage on Nvidia (NVDA) as well. The note stated that Nvidia may be vulnerable as A.I. hype approaches the trough of disillusionment. Tune in to find out more about the stock market today.