From Nasdaq: 2024-04-30 16:58:36

The Dow Jones Industrial Average started the year on a positive note, with Apple Inc. and Intel Corporation being among the weakest performers. However, Morgan Stanley analysts suggest buying the dip as AI-driven breakthroughs could boost both companies. Apple shares dropped 9.9% YTD, while Intel’s YTD decline stands at 38.8%. Apple’s dividend yield is 0.55%, while Intel’s is 1.59%. Apple’s Q1 performance showed resilience, with EPS of $2.18, while Intel’s Q1 earnings exceeded estimates, and it expects revenue between $12.5 billion and $13.5 billion for Q2.www.barchart.com.



Read more at Nasdaq: 2 Underperforming Dow Stocks That Morgan Stanley Recommends Buying Now