Wedbush names AAPL one of top three tech stocks on iPhone 12 supercycle

With Apple predicted to sell a record-breaking 240 million iPhones in 2021, Wedbush has named AAPL one of its top technology stocks heading into the earnings report season.

Credit: Andrew O'Hara, AppleInsiderCredit: Andrew O’Hara, AppleInsider

In a note to investors seen by AppleInsider, lead analyst Daniel Ives predicts that Q1 2021 earnings will be a major catalyst for technology names like Apple, Microsoft, and Nuance. Specifically, the analyst believes tech stocks have an upward 25% to 30% move in the cards for 2021 despite rotation fears.

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