Vetr Crowd Downgrades Apple, Remains Bullish


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


The Vetr community last Friday downgraded Apple Inc. (NASDAQ:AAPL) from 4.5 stars (Strong Buy) to 4 stars (Buy) . Despite the downgrade, crowd sentiment on the stock today remained heavily positive, with 79.5 percent of users giving the stock a Buy rating, 6.8 percent a Hold and 13.7 percent a Sell.

See how crowdsourced ratings could help you time the market

At time of publication, Apple shares were trading down 1.7 percent at $164.91. The Vetr crowd is bullish on the stock in the long run, with an aggregated price target of $186.49, implying 12.9 percent upside.

This bullish outlook was echoed by analysts. Among analysts, the 12-month consensus price target on the stock is at $194, implying a strong upside.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: UpgradesCrowdsourcingAnalyst RatingsGeneralVetr