Apple is the least-loved big tech stock on Wall Street; here’s why

Apple is the big tech stock with the least number of bullish recommendations, according to data compiled by Bloomberg. Nearly unanimously bullish on big tech, Wall Street is more cautious when it comes to Apple. The stock has attracted only 33 buy-equivalent recommendations. That pales in comparison to Amazon.com Inc.’s 68, Meta Platforms Inc.’s 66, and the 59 bullish ratings for Nvidia Corp. Recently downgraded by Barclays and Pieper Sandler, Apple faces concerns about iPhone demand, solidifying analysts’ prudent stance. Take a look! (Source: Bloomberg) On Lower Deck