Since famed investor Warren Buffett's Berkshire Hathaway (NYSE:BRK-B) (NYSE:BRK-A) began buying Apple (NASDAQ:AAPL) stock in early 2016, the conglomerate has continued to load up on shares. Berkshire has purchased so many Apple shares that the tech giant became Berkshire's largest equity holding last year.
But Buffett & Co. apparently weren't done buying Apple stock when Berkshire revealed it had accumulated a whopping 165.3 million shares of the company by the end of 2017. On Thursday evening, Buffett said in an interview with CNBC that Berkshire had purchased an additional 75 million shares of Apple during the first quarter, just as analysts were worrying about the near-term trajectory of iPhone sales.
In addition, Buffett chimed in with some wisdom on why investors shouldn't be wasting their time obsessing over quarterly iPhone X sales. Here's a closer look at Berkshire's big bet on Apple.
Apple customers holding iPhone X devices. Image source: Apple.
Top 5 Tech Stocks To Own For 2019: Staffing 360 Solutions, Inc.(STAF)
Advisors' Opinion:- [By Shane Hupp]
Staffing 360 Solutions (NASDAQ: STAF) and ADECCO Grp AG/ADR (OTCMKTS:AHEXY) are both business services companies, but which is the better investment? We will compare the two companies based on the strength of their profitability, dividends, analyst recommendations, risk, institutional ownership, earnings and valuation.
- [By Ethan Ryder]
Get a free copy of the Zacks research report on Staffing 360 Solutions (STAF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Shane Hupp]
Get a free copy of the Zacks research report on Staffing 360 Solutions (STAF)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
- [By Alexander Bird]
Here are the top performers from last week…
Penny Stock Current Share Price Last Week's Gain Staffing 360 Solutions Inc. (Nasdaq: STAF) $2.58 96.35% IZEA Inc. (Nasdaq: IZEA) $1.65 85.19% ShiftPixy Inc. (Nasdaq: PIXY) $3.35 78.38% MER Telemanagement Solutions Ltd. (Nasdaq: MTSL) $3.31 41.07% IsoRay Inc. (NYSE: ISR) $0.60 38.64% TransGlobe Energy Corp. (Nasdaq: TGA) $3.74 37.76% Actinium Pharmaceuticals Inc. (OTCMKTS: ATNM) $0.27 26.31% Blonder Tongue Labs Inc. (NYSE: BDR) $1.56 24.58% Bridgeline Digital Inc. (Nasdaq: BLIN) $1.51 24.51% Cel-Sci Corp. (NYSE: CVM) $0.91 24.03%While these penny stocks generated strong returns last week, they're unlikely to produce the same level of profit again anytime soon.
Top 5 Tech Stocks To Own For 2019: Xplore Technologies Corp(XPLR)
Advisors' Opinion:- [By Logan Wallace]
A10 Networks (NYSE: ATEN) and Xplore Technologies (NASDAQ:XPLR) are both small-cap computer and technology companies, but which is the better business? We will contrast the two businesses based on the strength of their profitability, analyst recommendations, institutional ownership, risk, earnings, dividends and valuation.
- [By Logan Wallace]
Xplore Technologies (NASDAQ: XPLR) is one of 25 publicly-traded companies in the “Computer & office equipment” industry, but how does it compare to its peers? We will compare Xplore Technologies to related businesses based on the strength of its dividends, profitability, earnings, risk, valuation, analyst recommendations and institutional ownership.
- [By Ethan Ryder]
Xplore Technologies (NASDAQ: XPLR) and Echelon (NASDAQ:ELON) are both small-cap computer and technology companies, but which is the superior business? We will contrast the two companies based on the strength of their earnings, profitability, risk, analyst recommendations, dividends, institutional ownership and valuation.
- [By Max Byerly]
Get a free copy of the Zacks research report on Xplore Technologies (XPLR)
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Top 5 Tech Stocks To Own For 2019: Identiv, Inc.(INVE)
Advisors' Opinion:- [By Lisa Levin] Gainers The Trade Desk, Inc. (NASDAQ: TTD) jumped 36.2 percent to $71.82 after the company reported upbeat results for its first quarter. The company also issued strong second-quarter and FY18 sales guidance. WideOpenWest, Inc. (NYSE: WOW) jumped 30.4 percent to $8.80 after the company reported Q1 results. MoSys, Inc. (NASDAQ: MOSY) shares surged 28.6 percent to $1.9541 after the company reported better-than-expected Q1 results and issued strong Q2 forecast. Boxlight Corporation (NASDAQ: BOXL) gained 24 percent to $6.39. Akcea Therapeutics, Inc. (NASDAQ: AKCA) shares gained 19.1 percent to $24.60. Akcea Therapeutics, an affiliate of Ionis Pharmaceuticals Inc (NASDAQ: IONS) announced that the Endocrinologic and Metabolic Drugs Advisory Committee, which met to discuss the safety and efficacy of subcutaneously injected volanesoren solution for patients with familial chylomicronemia syndrome, voted 12-8 to support its approval. Net 1 UEPS Technologies, Inc. (NASDAQ: UEPS) shares rose 17 percent to $10.31 after reporting Q3 results. ArcBest Corporation (NASDAQ: ARCB) gained 16.8 percent to $43.1457 after reporting upbeat quarterly earnings. Amtech Systems, Inc. (NASDAQ: ASYS) rose 16.2 percent to $8.60. Amtech posted Q2 earnings of $0.19 per share on sales of $32.783 million. Identiv, Inc (NASDAQ: INVE) surged 14.4 percent to $3.8450 following Q1 results. Omeros Corporation (NASDAQ: OMER) shares rose 14.3 percent to $18.43 following Q1 results. VivoPower International PLC (NASDAQ: VVPR) gained 11.5 percent to $2.71. Intersections Inc. (NASDAQ: INTX) gained 11.4 percent to $2.55 after reporting Q1 results. Noodles & Company (NASDAQ: NDLS) shares rose 10.9 percent to $8.65 following Q1 results. Voyager Therapeutics, Inc. (NASDAQ: VYGR) climbed 10.6 percent to $18.54 following Q1 results. Blink Charging Co. (NASDAQ: BLNK) rose 10.4 percent to $5.739. Immersion Corporation (NASDAQ: IMMR) gained 9.6 percent to $12.69
Top 5 Tech Stocks To Own For 2019: IPG Photonics Corporation(IPGP)
Advisors' Opinion:- [By Max Byerly]
Shares of IPG Photonics Co. (NASDAQ:IPGP) have been assigned an average recommendation of “Hold” from the ten analysts that are presently covering the company, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $237.43.
- [By Evan Niu, CFA]
Shares of IPG Photonics (NASDAQ:IPGP) have gotten crushed today, down by 12% as of noon EDT, after the company announced preliminary fiscal third-quarter earnings results. The company blamed President Trump's trade war for missing its guidance.
- [By Danny Vena]
After an auspicious beginning, 2018 ended on a sour note for IPG Photonics (NASDAQ:IPGP). The maker of industrial lasers signaled in July that the growing trade war between the U.S. and China and softening demand in Europe would take a toll on its third-quarter results. This news rattled investors, sending the stock slumping by more than 25%.
Top 5 Tech Stocks To Own For 2019: NetSol Technologies Inc.(NTWK)
Advisors' Opinion:- [By Logan Wallace]
Sapiens International (NASDAQ: SPNS) and NetSol Technologies (NASDAQ:NTWK) are both small-cap computer and technology companies, but which is the superior business? We will compare the two companies based on the strength of their analyst recommendations, profitability, valuation, institutional ownership, earnings, dividends and risk.
- [By Stephan Byrd]
TheStreet upgraded shares of NetSol Technologies (NASDAQ:NTWK) from a d+ rating to a c- rating in a research note published on Tuesday morning.
Separately, ValuEngine raised shares of NetSol Technologies from a hold rating to a buy rating in a research report on Thursday, May 17th.
- [By Lisa Levin] Gainers Precipio, Inc. (NASDAQ: PRPO) jumped 43.3 percent to $0.5447 after the micro-cap specialty diagnostics company reported preliminary first-quarter results. The company said its first quarter revenue rose 286 percent from the same quarter a year ago to $712,000. Galectin Therapeutics, Inc. (NASDAQ: GALT) gained 34.5 percent to $4.52 after the company announced it would proceed with Phase 3 development of GR-MD-02 for NASH Cirrhosis following the FDA meeting. Boxlight Corporation (NASDAQ: BOXL) shares rose 21.9 percent to $8.1063. Evolus, Inc. (NASDAQ: EOLS) shares surged 16 percent to $15.65. Myomo, Inc. (NYSE: MYO) shares jumped 15.5 percent to $3.6263 after the company disclosed that its application for Medicare codes received favorable preliminary decision. Tandem Diabetes Care, Inc. (NASDAQ: TNDM) rose 13.7 percent to $10.12. ProPhase Labs, Inc. (NASDAQ: PRPH) gained 13.7 percent to $4.6743. Acacia Communications, Inc. (NASDAQ: ACIA) shares gained 12.2 percent to $35.34 as optical sector is seeing strength following President Trump's announcement that he would work with China related to ZTE Corp. Tailored Brands, Inc. (NYSE: TLRD) shares rose 11.3 percent to $35.17. Jefferies upgraded Tailored Brands from Hold to Buy. Kona Grill, Inc. (NASDAQ: KONA) jumped 10.6 percent to $2.875. Federated National Holding Company (NASDAQ: FNHC) shares rose 10.6 percent to $20.29. Raymond James upgraded Federated National Holding from Outperform to Strong Buy. Renewable Energy Group, Inc. (NASDAQ: REGI) climbed 10.2 percent to $15.15. Renewable Energy will replace Synchronoss Technologies Inc. (NASDAQ: SNCR) in the S&P SmallCap 600 on Tuesday, May 15. Stein Mart, Inc. (NASDAQ: SMRT) shares climbed 10.1 percent to $3.16. Stein Mart is expected to release Q1 earnings on May 23. NXP Semiconductors N.V. (NASDAQ: NXPI) rose 9.7 percent to $108.60 after Bloomberg reported that the China’s Commerce Ministry has restar
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