Analysts recommend buying Apple stock despite single-day sell-off, but retail sentiment is negative.

From StockTwits: 2025-04-03 22:12:00

Apple, Inc. (AAPL) shares took a hit due to fears of elevated tariffs in China and Taiwan, where most of its supply chain is located. Analyst Daniel Ives estimates it would take three years and $30 billion to move even 10% of Apple’s supply chain out of China. Despite the challenges, Ives remains bullish on Apple’s long-term potential. Retail sentiment on Stocktwits has turned ‘extremely bearish,’ with some users predicting further downside for Apple stock. The stock closed Thursday down 9.25% at $203.19, the lowest since June 2024, presenting a potential buying opportunity for investors.



Read more at StockTwits: Apple Analysts Say Stock Is A Buy After Its Biggest Single-Day Sell-Off In 5 Years But Retail Is Losing Faith