John Petrides, portfolio manager at Point View Wealth Management, says investors should avoid buying Apple on this pullback.
He cites lower margins, weak Watch sales and little “wow” factor in Apple’s next iPhone as reasons why the stock could fall 15% from here.
[app_audio src=”http://traffic.libsyn.com/sainvestorradio/WSU20EP20334.mp3″]
John also breaks down China. He sees slower growth ahead which could push material stock lower.
Finally, John shares his favorite ideas. This includes three stocks investors should buy today.
As always, thanks for listening and good investing!
