Diamonds and Dogs

9/22/17

The future is looking bright. Solar company, First Solar (FSLR) is up 3% at its 52 week high following an upgrade at Deutsche Bank with a new price target of $65 per share. First Solar may also benefit from possible future tariffs on solar modules from the Trump administrations.  We'll see.

Tepid demand for the iphone 8. Apple (AAPL) has run into a speed bump of late as the stock is down 2% today and down 8% in the last month as the iphone 8 release is finally here. In the short term it looks like consumers are taking a wait-and-see view of the two new models, with the pricier iPhone X scheduled to roll out in another six weeks. Micheal Olson, an analyst at Piper Jaffray & Co boosted his price target for Apple's stock to $196 from $190, saying that the potential for fewer iPhone 8 sales won't matter much since prospective buyers are waiting for the iPhone X.