{"id":17886,"date":"2025-07-09T10:41:33","date_gmt":"2025-07-09T10:41:33","guid":{"rendered":"https:\/\/finderica.com\/?p=17886"},"modified":"2025-07-09T10:41:33","modified_gmt":"2025-07-09T10:41:33","slug":"fast-money-traders-see-trouble-for-apple-despite-jefferies-upgrade","status":"publish","type":"post","link":"https:\/\/finderica.com\/?p=17886","title":{"rendered":"Fast Money traders see trouble for Apple despite Jefferies upgrade"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Apple shares picked up a gain and an upgrade from Jefferies going into the holiday weekend, but the &#8221; Fast Money &#8221; traders aren&#8217;t seeing fireworks. &#8220;The back half of the year for a company like Apple is going to be a problem,&#8221; RiskReversal Advisors&#8217; principal Dan Nathan said on Wednesday&#8217;s show. &#8220;They still don&#8217;t have an [artificial intelligence] strategy. So that means that a product that has not been growing for the last three years is not going to grow again. \u2026 They&#8217;re going to miss an entire year of a product cycle.&#8221; Jefferies upgraded Apple to &#8220;hold&#8221; from &#8220;sell&#8221; on Tuesday and hiked its price target to $188 from $171 a share \u2014 citing pulled-in demand due to tariff jitters. The firm is also predicting a good June quarter. According to FactSet as of Thursday&#8217;s close, there are now just three Apple &#8220;sell&#8221; ratings on the Street. &#8220;Fast Money&#8221; trader Karen Finerman is also cautious on Apple \u2013 calling it her &#8220;least favorite&#8221; of the &#8221; Magnificent Seven &#8221; stocks. The Mag Seven names also include Alphabet , Amazon , Meta Platforms , Microsoft , Nvidia and Tesla . &#8220;When you think of who has a supply chain issue the most out of the Mag Seven \u2026 they&#8217;re just in the crosshairs of that,&#8221; the Metropolitan Capital Advisors CEO said. Meanwhile, Tim Seymour said he thinks a lot of the bad news surrounding China and tariffs has been priced into the tech giant. But the chief investment officer of Seymour Asset Management sees Apple&#8217;s multiple as the biggest issue. &#8220;That should be enough for most people,&#8221; said Seymour, who still considers himself &#8220;more glass half-full&#8221; on Apple. The iPhone maker&#8217;s shares gained 6% during the holiday-shortened week. However, Apple lags behind the Mag Seven index so far this year, off about 15% and up 3%, respectively. Apple will report fiscal third-quarter earnings on July 31.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/www.cnbc.com\/2025\/07\/07\/fast-money-traders-see-trouble-for-apple-despite-jefferies-upgrade-.html\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple shares picked up a gain and an upgrade from Jefferies going into the holiday weekend, but the &#8221; Fast Money &#8221; traders aren&#8217;t seeing fireworks. &#8220;The back half of the year for a company like Apple is going to be a problem,&#8221; RiskReversal Advisors&#8217; principal Dan Nathan said on Wednesday&#8217;s show. &#8220;They still don&#8217;t<\/p>\n","protected":false},"author":1,"featured_media":17887,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rank_math_lock_modified_date":false,"footnotes":""},"categories":[196],"tags":[246,2787,7228,104,229,3190,2262],"class_list":{"0":"post-17886","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-finance-news","8":"tag-apple","9":"tag-fast","10":"tag-jefferies","11":"tag-money","12":"tag-traders","13":"tag-trouble","14":"tag-upgrade"},"_links":{"self":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17886","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=17886"}],"version-history":[{"count":0,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/posts\/17886\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=\/wp\/v2\/media\/17887"}],"wp:attachment":[{"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=17886"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=17886"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finderica.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=17886"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}