Apple Was the Dow's Best Stock in 2019

[brooklynite]

Barrons

The Dow Jones Industrial Average has had a great year. Apple stock has had an even better one. What does that mean for Apple in 2020?

Apple has gained 85% in 2019 with one day left to go, easily trouncing the Dow’s 22% return. Apple stock was so hot in 2019, it not only topped the Dow 30, but the S&P 500.

Many observers expect the good times to continue for Apple. Loup Ventures founder Gene Munster, who predicted Apple would be the best performing stock in the FAANGs— Facebook (FB), Apple, Amazon.com (AMZN), Netflix (NFLX) and Alphabet (GOOGL)—predicts it will be again. Wedbush analyst Dan Ives predicts Apple will be the winner as the 5G supercycle begins.

[brokephibroke]

1. As Cramer says

Own Apple, don’t trade it. AAPL has been a long term holding for me.

[brooklynite]

2. I've been donating shares to Charity to avoid the Capital Gains.

[Yavin4]

3. I would short Facebook

The world is turning against them and their bullshit.

[brooklynite]

4. The average FB user isn't a political activist

All they care about is baby photos and cat videos.

[Yavin4]

5. FB is facing greater and greater governmental scrutiny

New regulations may impose more limits on their ability to profit off of user information.

[brooklynite]

7. The Trump Administration is going to impose regulations on Facebook?

You learn something new every day.

[Yavin4]

8. Facebook is global

Europe has already cracked down, and other nations will follow.

[PBC_Democrat]

6. They sold $6 Billion worth of AirPods

I see them everywhere I go.
They now own Beats ... hi-end headphones
People continue to wait in line to buy each new iPhone
The Apple watch is by far the best wearable on the market

[Brother Buzz]

9. Lieutenant Dan got me invested in some kind of fruit company.

So then I got a call from him, saying we don't have to worry about money no more. And I said, that's good! One less thing.