Wall Street Unplugged
Episode: 334August 6, 2015

Apple Could Fall Another 15%

John Petrides, portfolio manager at Point View Wealth Management, says investors should avoid buying Apple on this pullback.

He cites lower margins, weak Watch sales and little “wow” factor in Apple’s next iPhone as reasons why the stock could fall 15% from here.

[app_audio src=”http://traffic.libsyn.com/sainvestorradio/WSU20EP20334.mp3″]

John also breaks down China.  He sees slower growth ahead which could push material stock lower.

Finally, John shares his favorite ideas. This includes three stocks investors should buy today.

As always, thanks for listening and good investing!

Curzio Research publishes market commentary for informational and educational purposes. The opinions expressed and market conditions when the content is published may change. It is not personalized investment advice or an offer to buy or sell securities. Investing involves risk, including possible loss of principal. Do your own research and consult a qualified investment professional before making investment decisions.

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