Dan Niles on why he's steering clear of Apple long-term
2024 ж. 2 Мам.
37 757 Рет қаралды
Dan Niles, Niles Investment Management founder and portfolio manager, joins 'Squawk Box' to discuss Apple's quarterly earnings results, strength of the 'Magnificent Seven' stocks, and more.
Acquiring a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. Hence what are the best stocks to buy now or put on a watchlist? I’ve been trying to grow my portfolio of $160K for some time now, but my major challenge is not knowing the best entry and exit strategies. I would greatly appreciate any suggestions.
Investors should be cautious about their exposure and be wary of new buys, especially during inflation. Such high yields in this recession are only possible under the supervision of a professional or trusted advisor.
@@ElvinTroy Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.
@@OscarClark-gz4yd I have been considering going the same route, could you share more info please on the advisor that guides you.
@@mudathirahmad4506 The decision on when to pick an Adviser is a very personal one. I take guidance from ‘Victoria Carmen Santaella‘ to meet my growth goals and avoid mistakes, she's well-qualified and her page can be easily found on the net.
@@OscarClark-gz4yd Thank you for the lead. I searched for her, and I sent her an email. I hope she gets back to me soon.
Good to see you again Dan, However, I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.
Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown. its important to seek the guidance of an expert.
A lot of folks downplay the role of advlsors until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850K.
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? I'm in dire need of proper portfolio allocation.
I really don't like making such recommendations, because everybody's situation is unique. But there are many freelance advisors you could check out. We have been working with MICHELE Katherine Singh, and she's really, really good. If she meets your discretion, then you could go ahead with her. I endorse her.
Her name is ‘Michele Katherine Singh’. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Roughly £120k in my portfolio are in tech/TSLA stocks, can I get an advice on any other stocks that I can acquire to diversify my reserve across multiple markets while creating a comprehensive portfolio allocation that balances my concerns of risk aversion and returns that meet yearly inflation.
You need to hire a financial advisor to help you diversify your portfolio by including Mutual Funds, inflation-indexed bonds, and stocks of companies with reliable cash flows rather than growth stocks, where prices were based on future prospective earnings.
Even with the right technique and assets some investors would still make more than others, as an investor, you should’ve known that by now, nothing beats experience and that’s final, personally I had to reach out to a market analyst for guidance which is how I was able to grow my account close to a million, withdraw my profit right before the correction and now I’m buying again.
@@finleysterling562 I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
Ethan Grayson is one of the finest portfolio managers in the field. He's widely recognized. Look him up
@@finleysterling562 i appreciate the lead.
Apple is the company you stick with for the long term. Sure every company has their ups and downs over time, but Apple has done very well.
Perception?? I would not call $110B buyback a perception!
That’s great, but then why were you short Apple in 2019 when it was one third the current price?
He's sticking to his record of being wrong on apple for over a decade.
add Google to that
Apple is his second biggest holding on the long side. How has he been wrong?
It's his second largest holding, how was that wrong
This is the guy who always come on CNBC claiming he is short Apple at the top and close his positions at the bottom. He has been wrong on Apple over so many years and he can't get over himself. Toni Sacconaghi even threw up the towel and turned bullish after being bearish and sitting on the side lines for so long. Imagine this guy managing your money and paying him fees so that you continue to lose out on Apple returns
Every time Dan Niles is on CNBC he tells a story how overvalued Apple is -EVERY TIME! Toni S. is the man with incites. He just turned positive after an admittedly well-timed downgrade. I think he saw the under weight AAPL play had gone way too far.
He was short when the stock was 200 and then when it dropped to 160is he covered so it made him long
He is no Cathy Woods 🪵 when it comes to Wealth Destruction
dan: we really don't like apple. dan: apple is our second largest position.
this guy months ago was shorting it lol and now its one of his biggest holdings
Agreed! Look back at CNBC videos about 1 month ago, and he said he only bought it to sell it the next day on a trade. He's full of bs.
He is a day trader. Talks with confidence even if it's wrong.
Where's Dan's Apple short???
Thanks for the analysis as always.... is TGT even part of the DOW jones, why is warren buffet selling all of that I understand that tax part and the long term upside preservation but doesnt really seem to make sense from him considering hes all about buying buying buying. also it feels like bitcoin broke that support so its still hard to for me to bullish short term. I just want to wait to scoop up more IBIT if its retracing to 55k. I read an article that Q2 and Q3 seasonality being significantly worse too, not that it matters but I was wondering how conservative we should be, even if ES, and NQ is bullis.
No empire last forever…..however……Apple is one of the greatest companies of the 21st century, and has been growing, albeit more steady now than in the past……they’ll be fine, they aren’t going anywhere anytime soon, but I understand you all have a show to do but if you want to lost your position on Apple, be my guest, when the stock rises above 200 and above 230 by end of September, that’s your loss…….apple is a stock you own, not trade
When has Niles ever been bullish about Apple?
Bears sound smart bulls make money
Idk Apple has stagnated and aren’t truly vertically integrated with many threats on the horizon.
I was looking forward to the Apple Car. Since they scrapped that I think I'm going to sell my Apple if and when it reaches 200. I've been in for 4 years but mainly I got in on hopes they would design an EV. I have 540 shares.
Did this man just say it's better to short the entire us market ie snp as a safer bet than hedging based on individual company position
And in the background Dan’s buying 2026 and 2027 LEAP Call Options …
This guy is always talking his bag. Every time he gets burned he comes on CNBC to cry about APPL
Big tech is back, time to load up on SCHG.
these clowns are apple haters. just go away great buy Apple
Aapl is Walmart now.
Apple is a blue chip at this point. Perhaps you may not want an outsized position in your portfolio but buying the dip and holding long term is ultimately beneficial. Same with Google, Microsoft and Amazon.
Mr. Niles always tries to present himself as knowing more than Tim Cook and all the pro-Apple analysts on Wall Street. He has been wrong so many times. However, CNBC never holds his feet to the fire for being wrong. Incredible, isn’t it?
this guy has been saying for two years the stock is horrible and the company sucks, overestimate etc. then when the interviewer says it is one of you biggest long position he says that correct. I have been following this guy because sometimes he has some good advice, but why is he lying and inconsistent .. probably for his fund clients
Haters gonna hate, right Dan? 🤣🤣
As long as remember he was always short apple. Since when he is a long
Lets talk PLTR
Here you go from 2 months ago - Niles was short AAPL kzhead.info/sun/eJSefL1qpHSwi2g/bejne.html
Dan Niles rocks !
your Mom hates him
Apple, Bitcoin, Navidia, Microsoft, Amazon ,Tesla and Meta. Always being boasted by the media. It's always...." Tell me about Bitcoin"
❓ 🔮 ❓
alien is still alive
this smart guy flip flop shifting from short to long in last 2 years............ the opinion is meaningless, the key is ur trade make you rich
Non farm report 😞😞 was Very BAD. report SHOW THAT USA ECONOMY IS GOING TO HELL TO HARD RECESSION LANDING. ON MONDAY WE WILL SEE A BIG DROPPING IN S P. 2d cutting WILL BE MAYBE AFTER 2D QUARTER OF ....2025!! 😢😢😢 PREPARE FOR MARKET CORRECTION ON MONDAY. forget about rally BE FRIENDS WITH ELEMENTARY LOGIC
only fools walk away from progress. & progress has its ups & downs.
The beginning of the end for apple…starting to act like ibm and ge after the ceative days were gone. the iphone is nice and quality but what they have done for us lately…steve would have invested that money in r&d not stock buyback
That's a somber outlook but Apple already burned through R&D cash with the EV project bust. I agree though that Apple should still look to invest although a little buyback is not too unreasonable. I'm thinking Apple should think about investing in other services vs products. But maybe that's just me.
Cause he's a permabear thats why
why do you think that if apple goes down is a bad thing' while the opposite is true. the stock price doesn't represent the company performance right now. let it go down and buy it in its true value
@@galv9499 I bought it at $110. I'm still holding. I don't time the market ...
Wrong wrong wrong 😂
He’s Long Apple? What? Come on Dan, don’t be a phony
apple is a buy at 120 but not here
Isn't this the same joker that was spelling doom and gloom a couple of years back?
Dan niles is literally one of the biggest bears on apple idk why cnbc would bring him on other then to try to make the stock go lower
exactly, if and when an upgraded phone comes, ample time to buy apple.. no need to rush in now.. putting AI on the phone is not what people think... AI need to stay in apple servers...if at all they have something to stay even there
100bln for stock buyback but not AI investment? They could not figure out a better thing to do with their cash? Hell they could have bought Rivian and Peloton and still have 90bln left over.
Apple save its cash from iCar investment to buy back its own shares. Still no AI. Tim cook has becoming like a manager then innovator.
Wait for iPads and WWDC announcements.
This dude blinks a lot
Lol. He Really does
Whateverrrrrrr
He looks so poor😢. There must be a reason for that