1) Apple Craze
Apple hit a $1.93 trillion dollar market capitalization this week. Currently, Apple is the largest publicly traded company in the United States. Below you can see their revenue through the years and the percent from each category.
*Revenue and Net Income in Billions
2) Market Rally 2009 vs 2020
The current market rally has seen a similar bounce from the lows when compared to 2009. Economic conditions are still shaky. I would not be surprised if volatility were to pick back up with the election and Covid-19 developments.
3) Delta vs Clorox
Both these companies are household names, but Covid-19 has had drastically different impacts on the two. Clorox posted a year over year growth of +22% vs Delta’s -88% decline.
4) PENN Volatility
Penn National Gaming, Inc. purchased a 36% interest in Barstool Sports, Inc in January. The CEO of Barstool, Dave Portnoy, has made news recently day trading. New York Times called him the “Captain of the Day Traders”. He has a massive following on social media who watches him day trade. One of his largest holding is Penn stock which has been extremely volatile this year.
New York Times “Captain of the Day Traders” Link
Apple Revenue and Net Income data from YCharts Link
Apple Revenue Pie Chart data from Q3 10-Q Link
Market Rally 09 vs 20 data from YCharts Link
Clorox and Delta Revenue Growth data from YCharts Link
Penn National Gaming Chart data from YCharts Link
Any company names noted herein are for educational purposes only and not an indication of trading intent or a solicitation of their products or services. LPL Financial doesn’t provide research on individual equities.
Past performance is no guarantee of future results. This content is for informational purposes only and not a recommendation to buy or sell a specific security.
The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. All investing involves risk including loss of principal. No strategy ensures success or protects against loss.