Time to jump back on Apple bandwagon, analyst says
For investors, it may be safe to wade back into the Apple waters again.
That’s according to Oppenheimer & Co. analyst Ittai Kidron, who believes that the recent pounding given to Apple’s stock has been overdone, and that shares have a chance to rally back.
Apple’s recent run hasn’t exactly been magical. The company’s stock is down about 20 percent from its peak in September, and there are plenty of concerns dogging the company.
Over the past few weeks, Apple has had to deal with fears that the profitability of its products is falling, that supply issues have limited its ability to sell…
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