A study of analyst recommendations at the major brokerages shows that Apple Inc (Symbol: AAPL) is the #10 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Apple Inc also comes in above the median of analyst picks among the broader S&P 500 index components, claiming the #127 spot out of 500.
Below is a chart of rank over time:
AAPL operates in the Computers sector, among companies like SanDisk Corp (SNDK) which is up about 3% today, and Arista Networks Inc (ANET) trading higher by about 6%. Below is a three month price history chart comparing the stock performance of AAPL, versus SNDK and ANET.
AAPL is currently trading down about 1.7% midday Monday.
15 Forgotten Giants of the S&P 500: Analysts’ Current Least Favorites »
Further AAPL Research:
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
www.nasdaq.com