Bitteks Broker Answers If Upwork And Apple Seriously Worth Getting Into?

London, UK, 4 Sep 2021, ZEXPRWIRE – Do not look at the market through rose-colored glasses. Although you’re excited about investing, that doesn’t mean all of your investments will be winners from day one – no matter how well prepared or experienced you are. It’s important to know this going in so that when things don’t work out as planned (or expected), it won’t cause frustration and stress moving forward with future trades – which would defeat the purpose of diversification in the first place!

The broker from Bitteks gives insight of the following stocks.

Upwork:

Many people are turning to the gig economy due to its convenience. Before this, however, it was already taking off in popularity. Now that consumers have a way of working from home and many businesses had shut down because of the coronavirus scare, even more opportunities exist for those looking into alternative methods of work such as freelancing or temporary jobs through apps like Uber Eats and Amazon Flex.

In addition, this increased demand is likely to continue. Many of these displaced workers began looking for work-from-home opportunities which led to a flood of requests on Upwork and its competitors. Businesses deemed nonessential were forced by the shutdowns leaving many without jobs in long unemployment lines; however, people have been seeking out new ways to make money such as working from home through platforms like Upwork or Fiverr.

There’s been a major change for both workers and employers. For employees, they have the opportunity to work remotely with access to talent from around the globe instead of just in their own city or region. What’s more is that companies are seeing benefits by allowing remote working such as increased productivity according CNN Business News Daily article The Majority Of Companies Prefer Employees Working Remotely Over A Fixed Office Location . This has led countless companies like COVID-19 who plan on never having an office again according to several sources including “CNN”.

Analysts are bullish on this stock because of the growing work-from-home trend and Upwork’s ability to capitalize. Two analysts rate it a Buy, with an average price target at $70.50 for more than 20% gains compared to current levels. While you shouldn’t blindly follow Wall Street recommendations, these ratings appear promising!

Upwork has seen tremendous growth and is likely to continue as a result of the flourishing gig economy. The stock is one worth paying close attention to.

Apple:

Apple is one of the world’s largest companies and a household name, responsible for creating some of today’s most popular tech products. With more than $2 trillion in market cap, Apple has become an integral part of many people’s lives—the iPhone representing vast majority its revenue.

Apple creates phones that have revolutionized how we communicate (iPhone) as well as tablets used to connect with others or browse through photos/news on-the-go (iPad). Additionally, it manufactures computers which are often considered expensive status symbols like Mercedes Benz cars!

While the stock had a strong start to 2018, it has since lost its momentum and is now trading at what many consider an attractive price. Despite this downturn in value, there are still plenty of reasons to be optimistic about the company’s future prospects:

Apple’s revenue grew across all categories in the second quarter of 2021, making it one of few technology companies with positive growth.

• iPhone: iPhone revenue increased 65.5% to $47.94 billion, beating analyst expectations of 41.43 billion by 24%. This is a great metric for Apple who relies on the iPhone for most of their sales and profits as expected with such an innovative product that many are sure to buy year after year…
• iPad: In its fiscal third quarter, Apple’s iPad sales grew by 78.9% to $7.8 billion since the same time last year and beat analyst expectations of $5.58 billion for a total revenue record in this sector with an increase from 18 million iPads sold during Q3 2012 to 26 million units bought within just three months (Apple).
• Wearables and Home Accessories: Apple’s revenue in wearables and home accessories increased 24% to $7.83 billion, exceeding analysts’ expectations of a 21% increase from the same period last year. This is one of Apple’s fastest-growing segments that include wearable devices such as apple watch series 4 and AirPods2 along with HomeKit products like wireless speakers (Beats Pill+), smart lights, doorbells, etc…
• Service: The Company had a great quarter with 26.7% revenue growth in its high-margin services business segment, generating $16.90 billion this past quarter alone!

There are two main reasons why the U.S. economy has recovered from its recession: Apple’s status as a leading device manufacturer, and increased spending due to stimulus payments given out by the government for consumer use on essential goods such as appliances or cars–or even just food!

The growth in Apple’s stock is impressive: 20 analysts rate it a Buy, five rate a Hold, and two give Sell ratings. Their average price target would mean more than 12% gains for the share; so far this year they have risen 11%.

Despite recent volatility, the stock is currently trading with a relatively high valuation compared to other big tech names on this list. However, like these companies’ stocks, Apple’s strong growth in revenue and earnings has offset its current high price. Many people believe that they will continue their rapid growth for years to come.

Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.